Prepaid Card

Key Features

• Student ID and access control – library, bus and facilities
• NFC, EMV and PIN secured
• Wallet restrictions for fee payments
• Loaded by parents/sponsors via M-Pesa, agents and EFT
• Global acceptance and ATM use

Benefits

• Cashless, safe campus
• Automated fee collection for the institution
• Parents control and monitor spending

Requirements

• Institutional MoU / agreement
• Student data from the institution
• Student KYC

Charges

• Prepaid card application: KES 500
• Prepaid card replacement: KES 300
• ATM withdrawal at Equity: KES 30
• Cash withdrawal at other banks’ ATMs: KES 200
• POS purchases: Free
• Institution-specific pricing may be agreed under the MoU