Banking & Payments

EFT and RTGS are the terms that are used in context to bank transactions and you will realize that both these terms are related to electronic money transfers from one bank to another. In a world where cashless payments are taking charge of the economy,... Read More

You have probably already heard about Bitcoin, the cool virtual currency your wannabe investor friend said he's buying and soon becoming a millionaire. The price of Bitcoin in last months soared to as much as $20,000 before falling back to about $10,000. It's volatility caused... Read More

Mobile money users in Kenya will soon be able to send and receive money irrespective of which network they are on. Operators have begun testing systems that will soon make the interoperability possible. This means you can send money directly from your M-PESA to AirtelMoney... Read More

In the recent past, Kiosk owners around Nairobi have had grueling time ordering and paying wholesalers and at the same time keeping manual track records for the orders submitted to their respective retailers. To their aid, Mastercard has come up with Kionect, a digital ordering system... Read More

In a bid to enhance the banking experience of customers as well as enable them to access a more convenient user control, Equity Bank Uganda Limited has launched its range of digital banking solutions into the market. This suite, dubbed Eazzy Banking, looks to offer... Read More

NFC (Near Field Communication) is multiplying into a feature that almost every smartphone comes embedded with. This wireless radio communication technology that allows users to use tags with their smartphones when close enough, is of great use when pairing and transfering data from one device to... Read More

Most of you already have cash in the bank. When you want to pay for goods and services, you have about two options; withdraw the cash from an ATM or from the banking hall and then pay the vendor physical cash. Or you could pay... Read More

Financial well being is a moral that crops up from a tender age, and the best setting for this is school. It is certain that you, once in a while, have a hope of earning money; and the moral guarantees an output in either expenditure... Read More

The price of Cryptocurrencies has over the last month surged with the most popular one Bitcoin trading at USD 2455.76 this week alone. Experts have been predicting the collapse of Bitcoin but the digital currency has been experiencing rapid growth over the last five years.... Read More