Jambojet now joins its sister company Kenya Airways in having an EazzyPay Paybill number, allowing customers to buy air tickets for the two carriers using their Eazzy Banking App or Equitel lines. Kenya Airways’ Paybill number (777887) was introduced last month.
EazzyPay service is targeting to register over 1 million merchants in the next three years as part of its digital banking strategy that was unveiled in late 2016.
The latest quarterly statistics report from the Communication Authority (CA) shows that the value of transactions processed through Equitel stood at Ksh219.6 billion out of Ksh1.08 trillion that was transacted between July and September 2016, which translates to a 20 per cent market share.
This marked a 6% increase in market share from the preceding quarter which stood at 14 per cent (or Ksh139 billion of Ksh957 billion that was transacted overall).
According to the recent CA report, the number of Equitel subscribers as at September 2016 now stands at 2.09 million, making Equitel mobile service the fastest growing telco.
CA’s latest quarterly report further shows that Equitel users carried out 63.9 million transactions in the said quarter up from 56.9 million transactions in the preceding quarter.
Equity Bank and PayPal bring Global eCommerce to Kenya
Equity Bank and PayPal announced today that merchants in Kenya can now sell to PayPal's global customer base of more than 137 million active accounts in 193 markets around the world and move the proceeds to their Equity Bank accounts.
Equity Bank CEO Named UN Advisor
Equity Bank CEO James Mwangi has been appointed a UN advisor on Inclusive Financial Sectors under the recently formed UN Advisors Group.
Equity Bank offers the best 410 Wings to Fly scholars employment as they join the Equity Africa Lead
Equity Group Foundation (EGF) has today commissioned the first class of Wings to Fly into Equity African Leaders Program (EALP) and which also affords them internship employment at Equity Bank before they join university.