Monday, January 17, 2022

Equity revamps ‘Eazzy Net’ to ‘Equity Online’ with new features

Equity has announced it is relaunching ‘Eazzy Net’ as ‘Equity Online’ after making changes in line with its One Equity strategy that aims to provide a seamless customer experience across all banking channels.

The new platform, the company says, provides a unified service offering across channels, an improved customer experience with simpler customer journeys, fresh and user friendly interface, and more digital financial services such as buying M-Pesa Float, paying for parking among others.

This, the company says, comes in the backdrop of a growing demand for efficient and flexible online banking experiences by customers.

The new platform is available at https://equityonline.equitygroupholdings.com/en/access/onboarding.

The Covid-19 pandemic has accelerated the adoption of digital banking and payment solutions by driving consumers to shift behaviors and adopt more technology to assist with their day-to-day lives in all aspects, including their finances.

During the release of the 2021 half-year results, Equity Group CEO and MD, Dr. James Mwangi said  “Covid-19 pandemic has acted as a tailwind for customers’ adoption of digital offering fastening the pace of business transformation with significant upside on efficiency as the Group increasingly becomes a technology platform and transform from being a fixed cost business to a variable cost business.”

New Features added to Equity’s USSD Code and Mobile App:

Internet banking is the new form of space banking not only in Kenya but in the world at large, due to advancements in technology and innovation. Additionally, the bank has added new features on its Mobile App and the USSD code *247#.

Customers transacting using the Equity Mobile App will now be able to select a specific transaction on the mini statement to display more details such as beneficiary name etc. The number of transactions displayed on the mini statement has also increased from 10 to 20.

Customers using the *247# USSD code, can now access the service across all the network providers in Kenya and in addition apply for mobile loans such as Eazzy Loan. Previously, the USSD code was only available on the Safaricom network thus restricting customers on other telcos from accessing the services. Customers can self – register by dialing *247# on their mobile lines.

Equity’s digital banking services have continued to surpass traditional banking channels in both the number and value of transactions handled daily. In the recently – released 2021 half-year results, digital channels accounted for 98% of the Group’s transactions. 606.9 million transactions were completed through the Eazzy banking suite, agency banking and merchants compared to 385.2 million recorded last year, indicating a 66% growth.

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Dickson Otienohttps://tech-ish.com
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