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Equity Introduces Centralised Digital Payment Solution for Merchants

One Equity Till Number solution enables merchants to receive payments from multiple payment platforms through a single till number and settle funds into merchants’ bank account instantly.

Equity Group has made it easier for customers to pay for goods and services through a centralised digital payment solution.

Dubbed One Equity Till Number, will enable merchants to receive payments from multiple payment channels or mobile wallets through a single till number.

In addition, One Equity Till Number includes  QR code payments for customers wishing to scan-to-pay from their payment channels including Equity Mobile App, M-VISA, Masterpass QR, and UnionPay.

Moreover, the merchant can access the money instantly at no charge. The centralised collection account will in turn improve their credit score thus enabling merchants to access higher credit facilities from the bank to enable them to expand their businesses.

“Businesses will now be able to get the most out of their activities by devoting their time to their clients as the Equity solution simplifies their operational needs from a payment standpoint. One Equity Till Number is simple and interoperable making it very inclusive and in tune with the needs of many businesses,” the lender said in a statement.

Equity Bank, Navigating Tough Tech Terrain, Innovating for Customers


 

Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.

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