Business

Kenya: Equity Bank, Google launch New Electronic Payments

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prescription http://comotenerunabuenaereccion.com/wp-content/plugins/seo-magico-pro/linkedin/linkedin-authenticate.php geneva; font-size: small;”>BebaPay helps to overcome the problem of using cash and receiving the correct change when paying for public transport on the bus or “matatu”. With BebaPay, bus passengers can sign up for a card and top up for free at Equity agents. Customers can also top up their cards via mobile money.

Dr James Mwangi, CEO, Equity Bank, noted that: “The BebaPay card is a first for Kenya and will change the transport industry when it comes to payment. It is a convenient local payment solution that makes it easy to budget and manage one’s expenses on a mobile phone or computer”.

BebaPay which was launched on April 30, 2013 in Nairobi is the first payments system of its kind for Kenya.


“Research showed that technology could help bus operators and passengers to ease the process of ticketing, so we’re pleased that Nairobi commuters can now enjoy the advantages of BebaPay”, says Joe Mucheru, Google Kenya Country Manager.

He added: “Using NFC is part of Google’s efforts to improve transactions for both businesses and consumers. NFC makes it easier for people to pay for goods and services, and gives merchants extra ways to connect with their customers using technology and the Internet”.

With BebaPay, one can get free SMS receipts and the BebaPay website makes it easy to budget and manage one’s expenses on your mobile or computer. Bus conductors can use BebaPay on a Near Field Communication (NFC)-enabled Android phone to accept payments from BebaPay smart cards.

Lucia Atieno, a daily commuter who has been using BebaPay card for over 6 months, revealed: “I now spend less on bus fares, since I can plan in advance how much money I need for a particular period of time. The conductors never leave with my change, which used to happen a lot if I forgot to as ask for it. Greatest of all, no more chunks of paper in my handbag in the name of receipts.”


Equity Bank and Google will be using affordable NFC-enabled Android devices that are available in Kenya and can be used for BebaPay.

BebaPay is an Equity product regulated by CBK, powered using technology by Google, a global leader in technology who bring their expertise in mobile and Near Field Communication (NFC) technology.

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