Postal Corporation goes digital
26 July 2013, 15:01
Nairobi - A national electronic payment system that will have financial institutions share payment infrastructure has been launched by the Postal Corporation of Kenya (PCK) at a cost of KES 80 million.
The e-payment system will enable the corporation transact several operations electronically on behalf of various stakeholders Capital News reports, that include electronic agency banking, mobile money transfers, card-based transactions, e-commerce, online disbursements in agency services, as well as e-payment for utility bills.
According to the Postmaster General Enock Kinara, the technology will create a shared infrastructure, in line with Central Bank of Kenya’s planned National Payment System integration.
- For more visit Capital News
Join in the conversation on our Facebook page. Also get the latest news by following us on Twitter.