The number of banks and microfinance banks who have agreed to the discounted tariff has risen from 10 in under two months and now includes five of the top 10 lenders in Kenya.
By
Patrick Alushula
Business Reporter
Nation Media Group
The number of banks cutting Pesalink fees has nearly doubled to 19, as lenders roll out free transfers of up to Sh1,000 and a flat charge of Sh20 on larger transactions to attract retail payment flows.
More banks and e-wallets are expected to lower their InstaPay and PESONet transfer fees in response to the latest push by the…
While the Bangko Sentral continues to push remaining banks and e-wallets to comply, a top official suggests consumers to take…
The imposition of VAT on mobile money transfer charges would have increased the cost of payments via the platforms negating a…
The latest deposits held by the 14 deposit-taking microfinance banks regulated by the CBK mark a reversal of a prolonged decline…
The number of merchants using Pochi has doubled that of business tills.
Metropolitan Bank & Trust Co. MANILA, Philippines – Metropolitan Bank & Trust Co. (Metrobank) has scrapped…
