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ECB latest with mobile banking service

21 November 2013, 11:25

Nairobi - The Equatorial Commercial Bank (ECB) launched the GoMobile application that allows customers access banking services via their mobile phones.

The financial institution is the latest firm to collaborate with the mobile network operator for the service.

“The GoMobile application will offer ECB’s customers security, easy access and more control of finances that will later on help the bank assess customers while making monetary transaction,” said ECB Managing Director, Sammy Itemere.

The GoMobile application is limited to smartphones.

The bank said it can easily be downloaded on Android and iOS devices as well as BlackBerry smartphones and as web-based version on WAP-enabled phones.

The *286# USSD code will serve as the platform that will provide all smartphones with connections to the Safaricom network access to banking services

Officials said subscribers would enjoy a variety of services including access to their mini and full financial statements, loan requests, ATM and branch locator for smartphones, prepaid applications and inter-account transfers.

ECB joins banking institutions such as the Kenya Commercial Bank (KCB), which most recently, collaborated with Safaricom to offer the KCB Mobi-Bank application.

Analysts said the phone banking solution had brought in efficiency and convenience in the banking industry. As more clients subscribe to such services, a reduction of queues in banking halls is anticipated.

– CAJ News


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