In the dynamic financial environment that exists to this day, even though financial trends keep coming and going, some that result in innovation affect the industry for a long time to come. Among the many areas undergoing constant development in the financial industry is that of payment solutions.
Such an evolving environment has also come with various payment options and an inclination towards faster transaction systems. Equity Online for Business, also known as Equity Bank’s online business banking platform, popularly known as EazzyBiz before its makeover, clearly depicts this change. This system provides a simple, user-friendly interface that aids in serving businesses of all sizes.
With a heightened internet penetration in Kenya and a subsequent increased demand on e-commerce platforms, Equity Online for Business enables intuitive payments for suppliers and staff and bill payments for millions of customers, including small and large businesses, corporations, as well as government and public institutions.
Equity Online for Business Offers Flexibility and Control
The advantage of Equity Online for Business lies in its malleability and control offered to businesses. Smaller businesses will appreciate the facility of anytime and anywhere banking, while bigger organisations can enjoy enhanced financial analysis and convenient payments processing.
With effortless inter-operability with existing systems, Equity Online for Business offers improved visibility, the ability to produce custom reports, and international transactions, all of which are major enablers in the growing inter-connected world economy.
“This digital banking solution brings a number of innovative services, which help ensure easy access to a number of additional services, such as:”
- Mobile App & Virtual Account Management: The ability to manage accounts even while mobile.
- Multi-Access Channels: Utilize Equity Online Business through web, mobile, smart device access, host to host connectivity, and APIs.
- Enhanced System Performance – improved connectivity for normal operations.
- Host-to-Host Connectivity: Efficient interface of business systems and the Bank.
- Personalized User Dashboards: Make your home page more personalized by emphasizing your favorite services such as payments and loans, and provision for modifying the language, display options, font size, and date format.
- Self-Administration: The corporate administrators have the capability to administer users on their own, including blocking access for leaving employees without involving the Bank.
- Comprehensive Cash Flow Management: Track and manage cash surplus/shortage positions across several accounts.
- Revamped Look and Feel: This will include a fresh and upgraded design and will improve the user interface and user experience of the application
The improvements are set to ensure that companies remain at a competitive advantage with an efficient, flexible, and personalized banking experience.
It is more than a cyber portal. It is a holistic internet tool that takes on the long-standing issues in the banking world by focusing on making it reliable, user-friendly, and time-functional.
In the sense that it sets a paradigm shift in the world of business banking, it enables the running of finances easily, giving business-minded people time to focus on what is more important expanding their business.
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