Your Bank Account On Mobile 24/7
When mobile money transfer started taking shape in the country, users did not visualize the revolution that would come with it terms of convenience, speed and ease of doing things. Apart from sending and receiving money, the mobile phone was put to use in accessing bank accounts, pay bills and…
Deposit Cash to Your M-PESA Account via PesaPoint
Safaricom has partnered with PesaPoint to unveil a new service that enables M-PESA subscribers to transfer money from their bank accounts into their M-PESA account through their ATM cards, saving one the hustle of withdrawing cash from their bank account and then having to…
Banking With M-PESA
M-PESA to bank is a service that links your bank account to M-PESA, giving you the convenience of easy banking without the need to physically visit a bank branch. You can deposit and withdraw cash from the comfort of your phone any day any time.
Competition Could Lead To Cheaper Credit
Bank loans could soon be cheaper due to competition (Photo: dobanafrica.com) The Central Bank of Kenya will soon have legal backing to publish rates offered by banks on loans and deposits. Amendments in the Finance Act, 2012, have authorised the regulator to publish the lending rates charged…
Make All Your Bank Transactions Through Your Phone
Are you tired of having to queue, wasting time at the bank to make simple transactions? Or do you wish you had easy access to your money during those emergency situations? Well, you can conduct all your bank transactions through your mobile phone without the need to visit…
Angukia Hao na Ecobank
Ecobank Kenya unveiled a promotion dubbed “Angukia Hao na Ecobank” targeting existing and potential Ecobank Savings and Current account holders. The promotion which started on 17th May 2012 is slated to run for 3 months and is aimed at encouraging savings culture, financial inclusiveness…
KCB Lowers its Lending Rates
Customers at KCB-Kencom Branch banking Hall in Nairobi. (Picture: Business Daily) Kenya Commercial Bank (KCB) group has announced that it will be lowering its base rates by close to 3 percentage points beginning June 1st. The lender will drop its average lending rate which has been at 25% to…
Small Banks Come to Borrowers' Rescue
In the wake of all financial difficult times in the country, it has emerged that groups have been befitting their own for survival, literally. A recent survey by The Central Bank of Kenya (CBK) reveals that small banks have been lowering their lending rates for the three months in…
Great Future for Mobile Money
The future and development of mobile money in Kenya is taking a greater and fast turn than it was expected. Over a short period of time, mobile money transfer has become the most popular mode of payment and transfer of cash in the country. In a recent global survey done…
Safaricom's M-pesa Revenue Proof of Mobile Money Grip
It could easily pass in many quarters as correct to say M-Pesa is the best thing that has happened since sliced bread. Well, it could be true, but the real big thing was the penetration of the mobile phone in Kenya. The mobile phone growth in the country forced people…
1
