Equity Bank has partnered with MultiChoice Kenya to boost local set box uptake ahead of the Government-led Analogue-to-Digital Signal Switch-off scheduled for February 2014. This partnership is expected to enable many Kenyans who have still not switched to digital set top box services to acquire digital signal transmission equipment at an affordable cost.
Danny Mucira, General Manager at MultiChoice Kenya, said that as a high quality pay television service in Kenya, MultiChoice has always ensured that it is on the cutting edge of technology, content and service, which has resulted in consistent improvements in subscribers’ viewing and enjoyment.
“This timely financing partnership will ensure that Kenyans are able to immediately enjoy the benefits of digital entertainment from both GOtv & DStv with financial ease,” said Mr Mucira.
Equity Bank Chief Operating Officer Julius Kipng’etich has acknowledged that the move will go a long way in supporting Kenyans to migrate to the new digital platform and enable them to continue enjoying television programming which they are used to way after the cutoff date.
“We are delighted with this partnership, as the country gears to migrate from analogue to digital television platform; we seek to facilitate the acquisition of decoders. Interested customers will go through normal credit vetting where we anticipate to take a short time before the customer acquires his/her devise of choice,” noted Kipng’etich.
He also added that this partnership was a demonstration by the two institutions to strengthen their partnership. The two institutions already have a partnership that enables DStv subcribers to pay for their subcriptions at Equity Bank retail outlets and through EAZZY 247 mobile banking thus giving them convenience through the countrywide Equity Bank infrastructure.
By partnering with Equity Bank, MultiChoice has made buying a DStv or GOtv decoder friendlier on its customers’ pockets.
Among the popular MultiChoice products under the scheme is GOtv which currently retails at KES 3, 399/- including 2 months of free GOtv Plus subscription. An antennae is sold separately at Sh1,000/-.
“Consumers will now experience the digital television revolution in their own homes through a selection of exciting channels in great picture and sound quality,” said Mr Mucira.
DStv is also currently running an offer worth KES 8,000/- where a customer will get the decoder, dish kit and installation on which it will run its wide range of packages including DStv premium, Compact +, Compact, Family and Access allows subscribers flexibility in price and choice without compromising quality or variety.
Equity Bank has continued investing in technology and automation with a view to enhancing the customer experience across the countries it operates in. The bank is a leader in innovation and has the largest customer base in Africa.
“This partnership will see the two organizations share respective strengths, experiences, technologies and resources to foster higher return on investments for both companies through increased revenues,” Kipng’etich added.
To apply for a loan, a client will be required to follow the below steps;
- Fill in a proforma at any MultiChoice outlet and take it to their nearest Equity Bank for credit review.
- Clients will be advised once their credit review is complete.
- Equity Bank will issue to the client a collection note, which can be used to collect the DStv or GOtv decoder from a MultiChoice agent.
Financing will be provided at any Equity Branch countrywide and after registration, DStv subcribers will be able to DStv or GOtv subscriptions at Equity Bank branches and at Automated teller Machines (ATMs) or using the EAZZY 247 mobile service.