(Last Updated On: September 28, 2014)
Equity Bank recently launched Equitel, a new mobile carrier, in order to enhance their mobile money transfer products in relation to the banking products. The bank has a SIM card under the brand name Equitel. If you thought the charges for other products outside mobile money would be super cheap prices, I think you may be wrong. It turns out they are charging just as high as Safaricom. Here is the break down of the charges.
Calls to Equitel: KES 4 per minute
Calls to other network: KES 4 per minute
SMS to other Equitel: KES 1 per SMS
SMS to other network: KES 1 per SMS
Internet charges/Data charges: KES 4 per MB