Equity Bank Launches ‘Eazzy Banking’ Solutions In Tanzania

eazzy banking, equity
Managing Director Equity Tanzania, Joseph Iha
eazzy banking, equity
Managing Director Equity Tanzania, Joseph Iha

Equity Bank on Monday rolled out a list of new digital banking solutions dubbed “Eazzy Banking” to all its subsidiaries after a successful launch in Tanzania.

Eazzy Banking solutions will offer all Equity customers flexibility to transact any time of day, access banking services wherever they are, saving them time and costs.

Customers will enjoy more convenience, control, and the freedom to choose how they would like to conduct their banking transactions.

Some of the products include; the EazzyBanking App, downloadable on Android and soon on iOS, is directly integrated with telco SIM services allowing customers to send money and even make payments using their mobile phones.

Also on the list is an online retail internet portal where customers can manage their bank accounts known as EazzyNet; an interoperable payment platform known as EazzyPay which allows one to pay for bills.

In Tanzania, there is EazzyChama or Eazzykikundi, a solution to assist SACCOs, VIKOBA, welfare clubs, investment clubs and groups manage their joint finances, investments and book keeping.

Managing Director of Equity Bank Tanzania, Joseph Iha said the products will give customers, a comprehensive, stress free and secure banking experience.

“This has been informed by consumers banking trends, which are showing a pattern of favouring self-service channels to enable them bank anywhere, at any time. All the customer has to do is to simply download the EazzyBanking App and experience convenience in banking,” Mr Iha said, adding that customers will be able to request for loans named EazzyLoan and within a few seconds receive the funds on their mobile phone.

Read: French Firm OT Morpho Rebrands To IDEMIA Following A Merger

The Tanzanian branch has restated the critical value of digital finance products in enhancing financial services and positive economic multiplier effects.

The lender has launched the banking solutions in Rwanda Uganda and Kenya as it seeks to be the lead in terms of digital adoption for the banking sector in East and Central Africa.

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Written by Eva Nyambura

Content creator at | Passionate about telling the untold story. Lover of life, music and technology. Simplicity is KEY



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