Jamii Bora Bank can now reach more of its customers across the country following a partnership with vending systems company, Solo Payment Solutions.
The relationship will see the bank use Solo's agency network which includes automated kiosks located at strategic locations such as malls, retail stores and ATM lobbies.
Speaking at the launch, Jamii Bora Bank chief executive Samuel Kimani said the deal is an important milestone towards the bank’s market access efforts.
“This agency relationship will enable our customers to make deposits at any one Point of Sale machine, through Solo Payment’s machine network,” said Kimani.
Managing director of Solo Payment Solutions Vasily Rakou said the company has a large agency network of over 3,000 kiosks with majority being in Nairobi.
