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Kenya

Equity Bank and PayPal Improve Service To Allow Faster And Easier Cash Transfers

In the new direct and improved service, Equity Bank can now process its customers’ withdrawal transactions within 3 business days, down from the previous 8 business days. “As a small business Read More →

Mastercard Survey Shows Kenyans Want More Digital Services

Almost 90% of consumers in Kenya use their mobile phones more than any other device according to the new Mastercard’s Impact of Innovation study. Preference for mobile payments remains very high Read More →

Visa and Leading Banks Launch mVisa – Kenya’s First Interoperable Mobile Payments Service

Visa Inc. today introduced mVisa, a new mobile payment service that will accelerate digital commerce in Kenya and across Africa. As part of its initial roll-out, Visa has partnered with Read More →

KCB Group Upgrades Their Core Banking System

KCB Group upgraded its Core Banking System to provide customers with a simpler and enhanced banking experience. To facilitate this transition, all KCB branches across the 6 markets we operate in Read More →

KCB Bank Partners With UnionPay International For Online Payments in East Africa Region

KCB Bank, one of East and Central Africa’s largest banks has announced a tie up with UnionPay International, the leading online payment service providers to accelerate its expansion into the Read More →

What Lessons Can We Learn From East Africa’s Mobile Money Developments?

With more than one billion consumers, Africa is a continent of rising influence and potential. In East Africa, specifically in Kenya, mobile money has boosted the economy, revolutionized retail, and changed Read More →

BPC Banking Technologies Voted “Best Payments Solution Provider East Africa” by The Banker Africa

BPC Banking Technologies, a world leading provider of payment solutions, announced being voted as the best payments solution provider in East Africa by the Banker Africa publication. The award comes Read More →

Has Africa Been Left Behind by Formal Financial Services?

Has Africa been left behind by formal retail financial services? This is the question posed by the African Financial Retail Readiness Index (AFRRI). The first annual AFRRI report looks at Read More →

Vodafone M-Pesa Reaches 25 Million Customers Milestone

Vodafone M-Pesa now has more than 25 million active customers, marking another year of accelerated growth for the innovative mobile money transfer service. Across markets in Africa, Asia and Europe, active Read More →

Pakistan’s Largest Bank HBL Issuing UnionPay Debit Card in Seychelles, Kenya and Mauritius

Recently, HBL, Pakistan’s largest bank has announced the launch of UnionPay Debit Card in Seychelles, Kenya and Mauritius at Savory Hotel, Seychelles. The launch ceremony was attended by Mr. Faiq Read More →
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