Equitel Introduces Two New Phones in Kenya in Partnership With Itel
November 21, 2018
Equitel has introduced two new smartphones to the kenyan market dubbed Kasmarta and Smarta plus from Itel. The Kasmarta device is a simple feature phone with a retail price of Ksh 1,499 whereas Smarta plus…
Equitel in double digit growth driven by mobile payments
October 19, 2018
Equitel has recorded double digit growth in both the value and number of mobile money commerce transactions, according to the latest data from the Communications Authority. Equitel processed 87.9 million mobile commerce transactions between April…
Equity Group to Leverage on Equitel To Grow Its Loan Books
May 20, 2016
Regional financial services provider Equity Group is targeting to increase the use of its mobile banking platform Equitel by small businesses, the lion’s share of the lenders customer base. Equity Group Chief Executive Officer Dr….
Equitel Warns Its Users of Potential Fraud Attacks Via Calls, Texts or Emails
April 15, 2016
Equitel users are being warned to be cautious of suspicious calls, texts or emails promising quick access to loans and other services. Equity Bank has moved to reassure customers that its Equitel mobile platform is…
Here Is Your Chance to Get 25% Bonus Airtime On Equitel
April 1, 2016
Equitel customers now can talk and chat both offline and online for longer with a 25% bonus airtime for the first 3 top ups they make. The bonus airtime, which is applicable to any amount…
The Number of Transactions through Equitel Have Grown by 1000% Since Its Launch in August 2015
March 9, 2016
Equity Bank’s mobile banking platform Equitel recorded a 1000 per cent growth in transactions from 13.7 million in 2014 to 151milion in 2015 following its official launch in August. Speaking during the release of the…
How to borrow a loan, withdraw it, and use it to pay bills on Equitel
December 9, 2015
In October 2015, Equity Bank revealed that it had processed about 1.2 million loans worth Sh5.4 billion through Equitel in a period of 10 months. This is a huge number compared to 438,000 loans issued…
Safaricom Will Not Increase the Transaction Fees for Equitel Customers After all
September 12, 2015
Safaricom has suspended the increased rates introduced for Equity Bank’s Equitel customers on 1st August 2015 and confirmed the revised rates will now take effect at the same time for all banks. “We are cognizant…
Equitel’s New Transaction Fees Show How Complicated and Expensive Mobile Money Transfer Services Can Be
August 25, 2015
Last week, infotake reported that Equitel had increased its transactions fees by 100% making it quite expensive to use the service compared to other services such as Mpesa. I did not publish this story as…