Equity Bank introduces instant PayPal withdrawals, benefiting customers with quicker access to funds.
The enhanced capability eliminates the previous 24-hour waiting period, offering seamless transactions for freelancers, businesses, and individuals engaged in cross-border trade.
With a transaction limit of $10,000, this advancement underscores Equity Bank’s commitment to supporting Kenya’s digital economy.
Gerald Warui, Equity Bank Kenya’s managing director, emphasizes the significance of reduced settlement periods in enhancing cash flow management for businesses and individuals.
Mark Mwongela, PayPal’s director for the Middle East & Africa, highlights the collaboration’s contribution to Kenya’s digital growth and cross-border payment efficiency.
Source: The Star
