NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Monday, September 15, 2014

NAIROBI, Kenya – Equity Bank will have to wait a little longer before rolling out its Mobile Virtual Network Operator services in Kenya.

This is subject to approval by the Kenyan Parliament and the board of the Communications Authority of Kenya (CA).

The committee on Energy, Communication and Information said CA and Central Bank of Kenya must sit and give a verdict to ensure security of customers is guaranteed.

Equity plans introducing paper-thin SIM cards to help its customers access the bank’s mobile money service without needing to use dual-SIM phones.