Equity

virtue bound to serve orangeness notes users publish on 29/05/2011 By Fredrick Obura orangish property customers evict directly deposit or withdraw money from whatsoever of the Equity beach agent outlets spread crosswise the country. The telecommunications quick express customers would now be able to nark the serve from the to a greater extent than than 2,300 Equity agent outlets opened over the preceding(a) few months. Telkom Kenya senior pilot Executive Mickael Ghossein said the access to go from the effect banking outlets will complement Orange notes operate that are already toured at Equity Bank branches, fencesitter Orange Money agents, Orange shops and dealer outlets. The agency banking pose gives us a new avenue by dint of which to stick to a more innovative way to offer Orange Money services, he said. Agency banking was pioneered by Equity Bank soon aft(prenominal) the Central Bank of Kenya (CBK) authorised banks to bring in the beat as one way of reaching the unbanked. KCB and co-op Bank crap already started recruiting agents with up and running businesses. Targeted businesses to offer agency banking services include supermarkets, petrol stations and wholesalers. pull through month, KCB announced the roll out of about 500 banking agents crosswise the country.

We have been piloting with 30 agents and the results have been very encouraging, KCB chief Executive Martin Oduor-Otieno said at the launch ceremony. We believe we cigaret supplant achieve our target of 2,000 agents across the country by the end of 2011. Ghossein said Orange was committed to growing a original and rob! ust distribution network, through which customers pot pull in best convenience. We will continue availing our services more conveniently, and that is wherefore we have seen it fit to increase the number of areas in which our customers can access Orange Money services, he said. Mobile banking Orange Money was launched last November, combining both the features of a diligent money transfer and mobile banking solutions. By March, there were more than 115,000...If you penury to get a full essay, order it on our website: OrderCustomPaper.com

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