NIC to launch social media banking platform

Kenya-based NIC Bank Group has announced the launch of NIC Konnect, a banking platform that works through social media.

NIC Konnect will let customers access various banking services through their accounts on social networks including WhatsApp, Facebook and Twitter.

The platform, which is aimed at young Kenyans, allows customers to view their balance, mini statements, and make funds transfers using a PIN. It was created in partnership with banking software provider Craft Silicon.

According to a statement by NIC Bank, merchant payments, mobile money and card ordering will be made available through NIC Konnect at a later date.

NIC Bank’s group managing director John Gachora said: “This new innovation is aimed at providing our customers with an easier point of interface with their bank.”

Craft Silicon’s CEO Kamal Budhabhatti said: “We are very excited to work with NIC Bank to deliver this innovative solution to the Kenyan market.”

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