Africa-Press – Uganda. New digital platform replaces EazzyBiz, offering businesses enhanced speed, security, and real-time financial management tools in a shift toward a fully digital banking ecosystem.
Equity Bank Uganda has unveiled Equity Online for Business, a next-generation digital banking platform designed to streamline financial operations and support enterprises navigating an increasingly fast-paced and digital economy.
The platform, launched in Kampala, marks a significant upgrade from the bank’s previous solution, EazzyBiz, bringing together a wide range of financial tools into a single, integrated system tailored to modern business needs.
Speaking at the launch, Executive Director Claver Serumaga said the platform reflects shifting customer expectations around speed, efficiency, and seamless financial management.
“Commerce is evolving rapidly, with customers expecting immediacy, reliability and seamless integration. Equity Online for Business responds to these needs by consolidating all essential financial tools into one platform: enabling businesses to manage accounts, supplier payments, payroll, recurring bills, foreign transactions and reconciliations with clarity and efficiency,” said Serumaga.
Effective April 8, 2026, all business customers are required to transition to the new platform to continue accessing the bank’s digital services. While retaining core functionalities from EazzyBiz, the upgraded system introduces enhanced capabilities aimed at improving operational efficiency and decision-making.
“Equity Online for Business is more than an online banking portal, it is a comprehensive financial management tool designed to eliminate inefficiencies and give businesses the confidence to make realtime decisions,” Serumaga added. “We are committed to continuously improving this platform based on customer feedback and investing in technology that supports business growth.”
The platform offers advanced liquidity and cash flow management features, including multi-currency visibility and automated sweep transfers to support treasury optimisation. Businesses can also take advantage of self-administration tools, allowing corporate administrators to onboard, manage, and deactivate users independently.
Additional features include omnichannel access via web and mobile applications, real-time analytics, automated reconciliations, management dashboards, and audit trails—tools expected to reduce accounting workloads and enhance financial oversight.
Security remains central to the platform’s design. It incorporates multi-layered protections such as One-Time Password (OTP) verification, token-based authentication, and structured authorization workflows to safeguard transactions and user access.
With capabilities like instant cross-border transfers, real-time foreign exchange updates, and integrated statutory payments, the platform positions itself as a key driver of Uganda’s transition toward a cash-lite, digitally enabled business environment.
The launch signals Equity Bank Uganda’s continued investment in digital innovation, as financial institutions increasingly adopt technology-driven solutions to meet the evolving demands of businesses.
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