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Equity introduces Sh2.26 SMS charge

Wednesday, April 26, 2023 - 2 min read

Equity Bank branch on Muindi Mbingu Street in Nairobi. FILE PHOTO | DENNIS ONSONGO | NMG

Business Reporter

Nation Media Group

Equity Bank Kenya is set to earn hundreds of millions of shillings from the introduction of a transaction confirmation alert fee of Sh2.26.

The lender, which has more than 10 million customers in the country, introduced the new charge for each short message service (SMS) on Monday.

Note: The results are not exact but very close to the actual.

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