On May 25, 2022, Kenswitch Kenya Limited and Absa Bank Kenya Plc announced a partnership that will enable Absa customers to access over 2200 ATMs on the Kenswitch network.
This partnership will significantly increase access to banking services, particularly in rural areas where 70% of the Kenyan population resides.
According to Chairman Yousef Bazian, the addition of Absa to the Kenswitch network is a major milestone in achieving interoperable real-time payments across all banking channels.
Kenswitch promotes financial inclusion by allowing customers to access banking services across branded ATM outlets in areas where their banks have no physical presence.
Speaking about the partnership, Absa Bank Kenya Managing Director Jeremy Awori said, "Scaling our financial services through our strategic partner Kenswitch expands customer access to our banking solutions across the country."
On her part, Kenswitch Managing Director Karimi Ithau stated, "This initiative is designed to create a shared platform for financial services providers that is convenient, reliable, secure, and provides wider access to financial services to ABSA customers and other member bank customers within our network."
With over 2,200 ATMs, 20,000 plus Agency Banking outlets, and over 15,000 merchant POS outlets, Kenswitch's interoperable network provides a wide range of banking services to its customers.
