Equity Bank has launched an upgraded digital banking platform for enterprises, marking a significant step in the sector’s shift toward faster, technology-driven financial services as Kenya’s economy becomes increasingly digital.
The platform, Equity Online for Business, replaces the former EazzyBiz system and is designed to improve how businesses manage payments, cash flow and account administration.
The bank said the solution responds to growing demand from small and medium-sized enterprises, corporates and public institutions for reliable, real-time and flexible banking services.
According to Equity Bank’s social media platforms and Website, the platform provides small businesses with the ability to bank anytime and from anywhere, while larger enterprises benefit from enhanced financial visibility, customized dashboards and smoother payment workflows across multiple accounts and teams.
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The solution integrates with existing business systems, enabling users to generate tailored financial reports and manage cash positions across several accounts.
“Equity Online for Business enables firms to process supplier payments, employee payroll and bill settlements through a single digital interface while offering access via web, mobile applications, smart devices, host-to-host connectivity and application programming interfaces. The system also supports international transactions, allowing businesses to operate more efficiently across borders,” the institution indicates.
The bank said the upgraded platform introduces self-administration features that allow corporate administrators to manage users independently, including onboarding and disabling accounts, reducing operational delays.
Improved system performance and a redesigned interface are aimed at delivering faster connectivity and a more user-friendly experience.
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Equity Bank stated that the launch reflects its strategy to support Kenya’s growing digital economy by simplifying business banking and enhancing access to secure, real-time financial services.
The lender noted that by simplifying financial management, the platform aims to help businesses focus on growth and competitiveness in an increasingly interconnected market.
By John Majau.
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