Great news for Kenyans sending money abroad! Equity Bank and Mastercard have joined forces to offer secure, affordable money transfers to 30 countries through Mastercard Cross-Border Services. This partnership is a game-changer for Kenyans, enabling faster transactions, enhanced security, and competitive pricing compared to traditional methods.
This collaboration marks a significant milestone, making international money transfers more accessible than ever for Equity Bank’s vast customer base. Equity leverages Mastercard’s global network to ensure secure transactions with no landing fees for recipients, maximizing the value they receive. Dr. James Mwangi, CEO of Equity Group Holdings, emphasized their commitment to providing inclusive financial solutions, fostering growth across the region.
This partnership is particularly impactful for Sub-Saharan Africa, where remittances are a major economic driver. By empowering Kenyans to send money more efficiently, Equity and Mastercard contribute to financial inclusion and improve the well-being of both senders and recipients. This exciting development builds upon a ten-year alliance between the two companies, dedicated to elevating the payment experience for Kenyans.
