Equity Bank has scooped the Visa Top Acquirer Award at the 2018 edition of the Visa Awards.
The award was issued to the Bank for pushing the highest Visa card volumes in 2018.
Over the last year, Equity Bank made investment, which resulted in a 34% growth in the volumes being transacted by the Bank’s merchants, from Ksh. 40.3 billion 2017 to Ksh.54 billion 20, a 2018.
Equity currently has 14,642 merchants with someNaivas, Tuskys, Oil Libya, Total Service Stations among others .
Equity Bank’s Managing Director, Polycarp Igathe noted that the award was a result of the Bank’s contribution to a cashless economy.
“We are elated to receive the award, because it is evidence of our efforts towards the facilitation of cashless transactions, giving customers convenience and friction less experience across the region by enhancing our card and payments processing services,” Igathe said.
In addition to Visa, Equity Bank issues MasterCard, China Union Pay, and Diners Club.
The Bank is also an issuer of American Express Cards.
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