(Last Updated On: July 10, 2014)
If you go to the Equity Bank ATMs and find that your debit card does not work yet your card has not expired, don’t be alarmed or think your account has been frozen. Equity Bank is trying to force its customers to apply for the more secure chip based plastics.
The old magnetic strip cards are prone to fraud hence Kenya Bankers Association issued a notice to get all customers to transfer to the new debit cards, Europay MasterCard Visa chip technology. With these, it is difficult to copy customer details.