Equity Bank enables merchants to accept card payments by acting as a link between merchants, issuers, and payment networks. We’re also the sole acquirer (and issuer) of American Express branded cards. We also accept Visa, Mastercard, Union Pay International, Diners Club, Discover and JCB cards. Our acquiring infrastructure includes stand-alone Point of Sale (POS) terminals as well as integrated pin-pads. Acquiring also involves the process of recruiting merchants who will allow card acceptance in their outlets.
Benefits to Merchants
Convenience in payments
Reduced CIT cost
Building turn overs
Ease reconciliations
Increases sales
Benefits to Customers
Safety – no risks involved as in carrying cash
No extra charges for paying by card
Enhances accountability
Benefits of being an agent
Earn commissions
Increased customer flow
Cross selling of agents products
Ease of cash handling
Enjoys bank’s brand image
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