Standard Chartered Bankhas today announced a partnership with Telkom Kenya dubbed Omoka Vinoma that will see Telkom pre-paid subscribers get access to 100 per cent cashback on Standard Chartered current account transactions. The partnership will present a competitive proposition to Telkom pre-paid Mobile customers upon purchasing a preferential data bundle.
A customer will get the Telkom offer of 30GB of mobile data for Sh. 1,200. The offer will give Telkom customers access to 100 per cent cashback on all transactions for a period of 3 months, when they open a Current Account from Standard Chartered Bank, as well as a one-month ShowmaxPro Mobile subscription with access to premium streaming content, including live sports events, as well as live local news and music channels.
With this bundle, customers will have access to 4 free rides a month with a value of up to Sh. 260 each, from leading ride-hailing app, Bolt. Standard Chartered will reimburse transaction costs incurred by the customers during the 3-month campaign that ends on 31st July, 2021.
The 30GB Mobile Data Bundle, which is exclusive to the Kenyan Market, can be purchased via Telkom Kenya’s USSD *544#.
“Telkom is focused on bringing much-needed innovative products and solutions to the Kenyan market. Consumers are currently on the hunt for the next best competitive proposition that will give them more value. Our partnership with the Standard Chartered Bank, will see us address our customers’ Communication, Financial and Entertainment needs during this period,”
Eric Achola, Director for Marketing at Telkom, said.
Telkom’s Mobile Data will give customers access to high-touch banking experiences that are reflective of service delivery within Standard Chartered’s traditional brick-and-mortar branches. Essentially, the bundle will give a Telkom customer access to a digital bank branch in the palm of their hand.
“Our research on Kenyan youths shows that most interact with and prefer using digital products and services on a daily. This has further been escalated by the rapid growth of the digital economy since the onset of the pandemic. Remote working and schooling have now become the norm and there has been a greater uptake of online shopping and entertainment,”
Edith Chumba Head of Consumer, Private and Business Banking at Standard Chartered Kenya and EA, said.
With further research showing that most of the youth are now money conscious with many looking for ways to cut costs and save money, the new bundle will now be the answer to need for quality internet access and the desire to be financially prudent. It offers easy access to online channels and allows users to enjoy efficient banking services through the SC Mobile App which is built for convenience. It’s a bundle that offers an optimal mix of work and play.’
Ms. Chumba added that the increased adoption of digital technology in the past few years is indicative of the current market need. “Our partnership with Telkom allows us to meet this need by integrating different products and services that fit perfectly into the day to day life of our client. The pandemic demonstrated the importance of being agile and this customized bundle is representative of an adaptive product and service,’’ she said.
According to Stephen Riome, Chief Expansion Officer at Multichoice Connected Video, Showmax Pro Mobile subscribers will have access to everything on Showmax as well as live sport, from SuperSport including Premier League, Serie A, La Liga, and DStv Premiership games via the Showmax mobile app.
On its part, Bolt said that the partnership was an opportunity for customers to get more out of the financial, telecommunications and mobility industries all at once. “We believe this partnership will set a precedent for brands in different industries to collaborate. The benefits of the collaboration will enrich people and enable them to boost the economy by providing better access to mobility solutions, finance and connectivity.” said Kenneth Micah, East Africa’s Regional Manager at Bolt.
Users can open an account with Standard Chartered directly on the SC Mobile App in 15 minutes. Standard Chartered has significantly invested in digital banking tools and systems, a move that has seen the SC Mobile platform deliver more than 52 percent of all service requests, with 50 percent of all bank service requests coming through the bank’s digital channel.