Investors Diary

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Wednesday, February 21, 2007

KPLC Partners with COOP Bank in Electricity Bill Payments

KPLC in partnership with CO-OP bank
Written By:Judith Akolo , Posted: Wed, Feb 21, 2007

The Kenya Power and Lighting Company has entered into a partnership with the Co-operative Bank to enable its customers to pay electricity bills using the mobile phone and automated teller machines - ATMs.
Chief Executive Officer Don Priestman said the move would reduce lose of time in man-hours and enable the customers to cut the cost of having to travel to the KPLC offices to settle their bills.
Coop Bank chairman Stanley Muchiri said the bank was working on ensuring that its customers use cards instead of hard currency when making transactions.

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