How Equity Bank Is Taking Friction Out of Bulk Payments
Summary
Equity Bank has launched a Bulk Payment Service that lets customers send multiple payments through one transaction. The service works on both mobile and online banking, and users can upload an Excel file or enter payment instructions manually. It targets businesses, institutions, payroll teams, schools, NGOs, and individuals who need to manage repeated transfers. The platform adds approval workflows, encryption, OTP authentication, and audit trails to support control and security. The launch aims to cut manual work, reduce errors, and improve payment efficiency.
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