  Airtel Kenya and Equity Bank have entered into a partnership that will offer comprehensive mobile commerce solutions to their customers in Kenya, through Airtel Money.
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The partnership with Equity Bank will also help drive mobile money adoption in sub-Saharan Africa where Airtel Money has expanded to 16 operating countries and demand for provision of convenient financial transaction processing services for governments, corporations and institutions across is rising.
The service, available to all Equity Bank customers with Airtel lines, will enable customers from both Airtel and Equity Bank to access Airtel mobile banking platforms, perform agency cash transactions at Equity Bank branches and also enable Airtel services customers to withdraw money at any Equity Bank countrywide.
Airtel Money will also enable customers to pay their utility bills, receive bank transaction alerts, check account balance and receive mini statements, among other services.
“The 203 Equity branches and 600 Equity Bank ATMs, will complement our 10,000 Airtel Money agents spread across Kenya thus making it easier and more convenient for customers to have guaranteed access to Airtel Money deposit and withdrawal of cash,” said Jayant Khosla CEO Airtel Africa- Anglophone.
Equity Bank Group CEO Dr. James Mwangi said: “We are pleased to enter into this agreement with Airtel, which will further strengthen our commitment to extending financial inclusion across East Africa by enabling the unbanked and under-banked to enjoy the benefits of mobile payments, while also giving us the opportunity to better serve Airtel customers.”
Airtel ventured into the local mobile commerce business two years ago and now has a vast dealer network of more than 10,000 agents which include banks, bank agents, supermarket chains and Posta outlets.
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