In the wake of the collapse of Chase Bank, it is worth retracing Kenya's banking sector's "rich" history of having banking institutions go bust. The First Wave (before passing of 1989 Banking Act); 1984-1989, Post-Independence; mainly family/community owned banks:...
Are you one of those people still struggling to queue at the bank in order to make a deposit? If you are, you need to put a stop to that immediately. Ever since Safaricom launched the M-pesa Paybill service, it is no longer necessary to waste your valuable time in...
SWIFT is the acronym for Society for Worldwide Interbank Financial Telecommunication. The SWIFT network enables banks globally to send and receive information on financial transactions in a secure and reliable environment. SWIFT codes are used to transfer money...
The following is a list of M-Pesa PayBill numbers for Kenyan banks, microfinance institutions, and saccos. This page is regularly updated. 1 ABC Bank 111777 2 Bank of Africa 972900 3 Barclays Bank K LTD 303030 4 CFC Stanbic 600100 5 Chase Bank 552800 6 Citibank N.A...
mVisa is a new mobile payment service by Visa in partnership with leading Kenyan banks. vVisa eliminates barriers like transaction costs, gives customers a convenient, secure and affordable experience. Advantages of Accepting mVisa As a merchant, there are several...
On 13th July 2017, Visa in Kenya announced free mobile money transfer through mVisa. mVisa is a simple, secure and cost-free way to make mobile payments. Key Highlights of mVisa You access money from your bank account on your mobile phone. Payments come directly...