Electronic bill payment Electronic bill payment Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account. These payments are typically executed electronically as a direct deposit through a national payment system, operated by the banks or in conjunction with the government. Payment is typically initiated by the payer but can also be set up as
Slang terms for money dialects and indigenous names for money, in addition to the official National languages of Swahili and English. In English, Kenyan currency is a Shilling while in Swahili it is "Shilingi." (Indeed, all East African countries refer to their money as Shillings.) Other notable names include: In addition, youth have a sub-culture street language for the different denominations. Using the street slang ("sheng"), urbanites often amalgamate Swahili, English, and their mother-tongue to concoct meanings and names for the different denominations. Among the commonly used terms are: In writing, money is denoted by "Kshs" before or the slang notation "/=" after. For