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Equity cuts transaction fees on Paypal as it targets the diaspora

Equity Bank group chief executive James Mwangi. FILE PHOTO | NMG

By  JAMES NGUNJIRI

Equity Bank #ticker:EQTY has slashed most charges for its Equity PayPal withdrawal service as it seeks to grow share of diaspora remittances.

The new tariffs will see users pay as low as one per cent on large withdrawals made from PayPal account.

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

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