Credit Cards
Kenyan Banks to benefit from outsourcing of credit card processing.
Investment to bring down banking costs considerably through increased efficiency. Kenyan banks are set to benefit from a credit card outsourcing partnership with Universal Payment Services (UPS) a leading transaction service provider of payment card services in the Middle East and Africa. The banks stand to benefit from a full
Equity Bank appointed China UnionPay’s sole agent in East Africa.
China UnionPay cards to be accepted on Equity Bank’s ATMs and Point of Sale terminals countrywide. Equity Bank has signed up with the China UnionPay to allow its customers in Kenya and throughout East Africa to make transactions from Equity’s ATMs and Points of Sale. China UnionPay cards will be
Equity Bank’s Credit Card Processing Upgrade.
Largest bank by customer base gains capacity to handle 180,000 transactions per minute. Nairobi, KENYA, 21 January, 2010 Equity Bank has fully migrated to the Card Management System from OpenWay Group of Belgium. The Way 4 System which is an online Card Management system is designed for multi-institution and multi-currency