Equitel
Empowering Financial Inclusion and Digital TransactionsEquitel is a mobile banking platform that has reshaped financial transactions and accessibility in Kenya. Established to bridge the gap between traditional banking and digital solutions, Equitel offers users a comprehensive range of financial services, including mobile payments, funds transfers, and access to banking products.
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Country
Kenya
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Population
54.9 million (estimated)
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Number of Internet users
23.35 million (estimated)
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Popular payment methods
Mobile money (M-Pesa), Debit cards, Bank transfers, Cash payments
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Credit Card
6%
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Debit Card
10%
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E-Wallets (+ mobile money)
55%
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Cash Payments
20%
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Bank Transfers
7%
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Other
2%
- Type:Mobile Banking Platform
- Currency:Multi-currency, Kenyan Shilling (KES)
- % of coverage:25% of Kenya's mobile money market (estimated)
- Money transfers to date: $9.6 billion in transaction value annually (estimated)
- Total customers: 2.5 million active users (estimated)
- Refunds: Yes, limited by terms
- Chargebacks: No
Pricing request
Our fare pricing is designed to bring satisfaction to both sides of our partnership. The pricing structure is tailored to your specific business type and monthly turnover. Kindly send us a request, including details about your business, and our dedicated success manager will promptly get back to you with our best offer.