Commercial Bank of Africa (CBA) have updated their Loop digital banking service to now include loans, free payments and lowered charges for various services. Loop was launched in March 2017.

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The changes include:

1. Loans

Loop customers will now access loans of up to Ksh. 3 million and an overdraft of upto Ksh. 100,000.

2. Direct payments

Customers will be able to make direct payments from the app to PayBill or Till numbers through M-Pesa, EassyPay and Masterpass.

3. Transaction fees

Additionally customers will be able to enjoy lowered transaction fees and in some cases, no charges.