NAIROBI: National Bank of Kenya has officially opened its ATM network for nationwide sharing aiming to attract millions of cardholders from other banks, in a new partnership with Kenya’s largest interbank ATM aggregator- PesaPoint.
Following launch of this service, ATMs belonging to National Bank effectively become part of PesaPoint meaning cardholders from all other PesaPoint partner institutions can now use any National Bank ATMs across the country. The partnership has drastically reduced ATM transaction fees for other banks. PesaPoint and its 32 PesaPoint Partner banks encourage cardholders in Kenya to use any ATM branded with the PesaPoint logo to enjoy a wide array of benefits.
Speaking during the event, National Bank’s Managing Director Munir Ahmed said launch of PesaPoint services at National Bank ATMs was a strategic step for the bank as it will provide all card holders and banks customers with easy and convenient access various ATM services thereby, boosting the bank’s (non-interest) revenue. “The Bank has expanded its network across the country- growing both the brick and mortar footprint and digital channels. Our branches grew in 2014 by 15 to total 75, ATM network by 26 to 123 ATMs nationwide.
And our customers continue to enjoy access to over 1000 other ATMs belonging to PesaPoint and its partners around the country,” said Mr. Munir. He added: “As we continue with our transformation agenda, we are strategically leveraging on innovation and technology to expand the scope and reach of the distribution network.
We are therefore also providing Kenyans with faster and convenient transactions 24/7 from our new Mobile Banking (NatMobile) and Internet Banking (NatConnect) platforms. Our focus remains to deliver innovative channels through which we can efficiently provide services to all customers.”
