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Equity Bank’s Mobile Platform (Equitel)To Be Rolled Out Throughout East Africa

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Equity Group plans to roll out its mobile platform ‘Equitel’ to all markets it operates within East Africa.

Equitel is a mobile platform where Equity bank customers can access both banking and telecom services from voice, data and SMS. The banking services include sending, receiving and withdrawing money using your phone, receiving diaspora remittances directly to your account and accessing them on a mobile phone, loans, insurance, investments, internet banking and cross border money transfer services.

The firm is in talks to partner with Telcos in Uganda, Rwanda, South Sudan, and Democratic Republic of Congo to roll out Equitel in those markets.

With mobile phones becoming a delivery terminal of choice within the region, it has become a necessity for businesses to tap into the diversity mobile has to offer.

Source: iafrikan

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