.@KeEquityBank has won the Visa Top Acquiring Award as well as the Visa E-Commerce (Acquiring) Award during the #VisaAwards2021 ceremony. - @CapitalFMKenya
The two awards from Visa were issued to the Bank for leading in Visa acquired volumes, significantly growing its E-Commerce volumes, and leading in E-Commerce payment volumes.
.@KeEquityBank grew its acquiring business by double-digit to 53% percent YoY, which was attributed to the E-Commerce business, as its processed volume tripled compared to 2020.
The Bank’s payment volume increased to Kshs. 78.12B in 2021, up from Kshs. 51.21B in 2020, while transaction count grew by 21% to 14.08M in 2021, up from 11.68M in 2020.
Visa Vice President and Head of East Africa, Corine Mbiaketcha who presented Equity the awards noted that the COVID-19 pandemic has forced radical changes in customer behavior, increasing the willingness to engage digitally.
We're happy to have been recognized by Visa as the leader in Acquiring and E-Commerce payment spaces. These awards are an indication of our continued focus on rolling out innovative products that meet the evolving needs of the market, more so during the pandemic - MD Warui
ICYMI: .@KeEquityBank has won the Visa Top Acquiring Award as well as the Visa E-Commerce (Acquiring) Award during the #VisaAwards2021 ceremony held in Nairobi bit.ly/37CVGmW via @CapitalFMKenya
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