Search This Blog

Thursday, April 30, 2015


Equitel, the mobile money product from Equity Bank's mobile network, has surpassed 500,000 subscribers, insiders say.

The product, featuring some of the most game changing features of mobile finance including sending money to different mobile platforms and bank accounts at minimal cost, is yet to receive substantial marketing as Equity Group deals with litigation linked to rival Safaricom.

Some of these features are yet to be activated with the App promising to activate them with the next release.

These include requesting for a loan, sending money to another bank, sending money to other mobile money services like Airtel Money and so on.

Equity Group is still fighting to be allowed to use thin SIM overlay technology to enable it roll out Equitel to the masses many of whom do not have dual SIM phones.

No comments:

Post a Comment