Equity steps up push for return of bank to mobile transfer charges

[Image source: Stock Images]


Business Daily | by Otiato Guguyu


Equity Bank has asked the Central Bank of Kenya to reinstate charges on transfers of money from bank accounts to mobile money wallets.

The lender’s boss, James Mwangi, says reinstating the fees frozen almost two years ago will level the playing field between Banks, telcos operating in the financial space and micro lenders…

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