Equitel users can now buy Kenya Airways (KQ) air tickets through the EazzyPay service using the Pay bill Number 777887.
Equity Group Chief executive. James Mwangi said that the bank is actively signing up utility, distributors and other service providers for its Equitel platform that enables safe and secure mobile money payments.
“Essentially we are connecting your (companies) systems to our infrastructure and our infrastructure then becomes your infrastructure,” said Dr. James Mwangi while releasing the Group’s third quarter results earlier last month.
Kenya Airways tickets can also be bought at the bank’s countrywide branch and ATM network.
Equitel is additionally going to be used to channel Eazzy Loan products for the bank’s corporate and Small and medium-sized enterprises (SMEs) customers.
Equitel will be able to process Eazzy loans to corporate customers for as much as Ksh12.5 billion through its digital platforms.
Equitel more than doubled the number of transactions the mobile platform processed in the third quarter of 2016 when compared with a similar period a year before.
Equitel processed 150.8 million transactions in the third quarter of 2016 up from 62.2 million a year earlier, representing a 142 per cent increase.
The value of transactions over the same period increased by 476 per cent to stand at Sh250.8 billion up from Sh43.6 billion.
991 total views, 2 views today