Following the directives and advisories issued by the Government and the Central Bank of Kenya (CBK) to help alleviate the pain being felt across the country, Equity bank has with immediate effect waived Mobile Banking Transaction Fees for its services which include; All Equity to Equity Mobile bank transfers, All Bank to Mobile Wallet transfers, All Mobile Wallet to Bank transfers and Customer Payments using Equity Cards.
Other services are Mobile payments for Bills, Utilities, Shopping and Mobile balance and limit enquiries.
According to a statement signed by Equity Group CEO Dr. James Mwangi, short term Personal and Micro Loans will now be processed digitally on mobile and internet and credit cards. Credit limits for Personal and Micro customers will be pre-marked for easy and automatic access for existing account holders by 31st of this month.
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