Jan 16, 2013

Equity Bank to compete with Google Beba in transit payments

Mama Ngina st Nairobi

Equity Bank is planning to introduce a contactless payment card that will be used in transit payments in Kenya

Equity bank is partnering with MasterCard to introduce PayPass which uses NFC technology, in Kenya Uganda, Tanzania, Rwanda and South Sudan.

Equity bank will compete with the Google Beba service which also uses NFC technology. Google was the first company to introduce NFC technology in Kenya when they launched the Beba service last year.