Equity Group, which consists of Equity Bank, has introduced a new centralized digital system that enables its customers to receive payments from a variety of mobile money platforms via a single till number.
The
digital system referred to as ‘One Equity Till Number’ allows
businesses/individuals to receive payments from customers through among others
popular mobile money platforms M-PESA, PesaLink, Airtel Money, and Equitell as
well as Equity Mobile one till number without needing to have multiple Pay bills/Till numbers.
According
to Equity Group, the service is aimed at allowing businesses, both small and
large, to collect all their payments directly into their bank account without
several transfers.
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One
Equity Till Number does not limit the amount of money one can receive – and
respective business owners can access the cash instantly – free of charge.
Equity
says the new centralized digital system will help improve businesses' credit
scores, subsequently enabling them to access higher credit facilities from the
bank to expand their businesses.
“One
Equity Till Number will support micro, small, and medium enterprises around the
country to conduct their business conveniently," the bank said, as quoted
by Tuko.
The Kenyan
market is adapting to changes in the digital payments landscape as it moves to
a cashless era.
Equity
Group’s latest innovation comes when the bank continues to implement its
digitization strategy that has seen its mobile and internet banking channels
process 86.8 percent of all transactions as of the third quarter of 2021.
Find Property in Uasin Gishu County
Baoriat Agencies
Call: +254 721-554-937
Currently,
98 percent of all Equity Bank transactions take place outside the branch.
Visit the Baoriat Agencies website to find out if there are any plots, properties available for sale within Uasin Gishu County.
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