Developed by Craft Silicon and powered by Elma, the app offers increased speed of transactions, where M-Pesa takes less than 60 seconds, while RTGS takes few minutes through USSD.
With the new mobile banking platform, NIC aims to transfer most of its banking transactions to mobile devices.
NIC group managing director Jihn Gachora was quoted by humanipo.com as saying that mobile transactions have grown rapidly in the last five years making it necessary for banks to develop innovative solutions that tap into the advantages brought about by mobile technology.
"This adoption to new age banking, innovative and personalized multi-channel banking experience on ATM, Internet, and now the Mobile app and social media interface will help drive NIC Bank’s new media strategy," Gachora added.
Smartphone users can access the app through an activation key and start PIN.