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WorldRemit Secures $40m Funding from Accel Partners

European investment company Accel Partners has invested US$40 million in WorldRemit, an online money remittance service operating in Ghana and Somalia, providing the service’s first Series A investment. Founded in 2009, Read More →

Fidelity Bank Pioneers Agency Banking in Ghana

With the approval of the Bank of Ghana, Fidelity Bank has contracted third party retail networks called Fidelity Smart Agents to provide services on its behalf. Fidelity Smart Agents are Read More →

MTN Ghana And Ecobank Expand Cardless ATM Services

Ghana's leading telecommunications provider, Mobile Telecommunications Network (MTN) and Ecobank, The Pan African Bank, have partnered to extend cardless ATM services to Ecobank ATMs across Ghana. With this partnership, the more Read More →

GTBank Ghana Introduces Third Party Online Transfer Service

Guaranty Trust Bank Ghana has introduced a function on its Internet banking platform to enable customers to transfer money online to their account(s) or other beneficiaries’ accounts in other banks Read More →

Ghana’s e-Pay Slip Use Increasing

The government of Ghana has revealed more citizens are using the electronic e-pay slip system recently introduced by the nation’s Controller and Accountant Generals’ Department for public sector workers, which Read More →

GTBank Ghana to Introduce New Products

The Managing Director of Guaranty Trust Bank Ghana; Mr. Lekan Sanusi, says banks must strive hard to be innovative as without this they risk going out of business. “Without innovation you Read More →

GhIPSS Urges Banks to Issue Local Cards

Ghana Interbank Payment and Settlement Systems (GhIPSS) has urged banks to issue more proprietary ‘local’ ATM cards to their customers. Historically most banks in Ghana would issue international cards, which had Read More →

MTN Mobile Money Users Can Now Pay and Buy Through Visa

MTN and Visa have partnered to offer customers a ground-breaking mobile payment solution which allows MTN Mobile Money users to make face-to-face and online transactions wherever Visa is accepted. As part Read More →

Ghana Interbank Payment and Settlement System To Introduce Four New Products

Ghana Interbank Payment and Settlement Systems (GhIPSS) plans to introduce four new products on the gh-link platform next year, officials have said. The products are intended to maximise the payment platform Read More →

CAGD To Introduce E-Pay Slips in Ghana

The Controller and Accountant General Department (CAGD) is to introduce E-Pay slips for public sector workers soon. The system, expected on stream before the end of 2013, would enable workers to Read More →
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