Airtel Ghana, leading Telecommunication Network and multiple award winning company has added another first to its credits as it has rolled out an innovative service through their Airtel Money that allows a tap and pay, contactless payment based on the Near Field Communications (NFC) technology. Near Field Communication (NFC) technology is the global communication standard
Guaranty Trust Bank (GTBank) and Etisalat have formed a strategic alliance aimed at connecting 55 million unbanked Nigerians in the next few months, through the mobile payment system, that will enable them open a Tier 1 bank account, using their mobile phones. Announcing the initiative in Lagos last week, both organisations said the partnership would
For the past five years or so, Ghana has ploughed a somewhat lonely furrow in the world of mobile money. One of the wealthiest countries (per capita) in West Africa, Ghana also has one of the highest banked populations in Sub-Saharan Africa, at around 30%[1], and one of the 10 highest unique mobile subscriber penetration
GCB Bank Limited has recorded a phenomenal growth in its unsecured personal loan sales of more than GH¢700 million within three years. Besides, the Bank had registered over 1.5 million transactions per month from less than 100,000 transactions in four years. The Managing Director of the Bank, Mr Simon Dornoo, who disclosed this at the
The Ministry of Finance is in the process of developing a financial inclusion strategy to ultimately increase access to financial services. The Ministry will also work closely with the Bank of Ghana and the private sector to find a lasting solution to challenges of the retail payments system. Hon. Mona Helen Quartey, Deputy Minister for
goSwiff, a global innovator in mobile commerce and marketing services, announced it has connected its 50th bank client, GCB Bank Ltd. in Ghana, to leverage mobile point of sale on goSwiff mobile commerce platform. At the same time, goSwiff’s Chief Executive Officer Simone Ranucci Brandimarte unveiled the new business strategy for the Singapore based company’s
Ghana’s Fidelity Bank has signed a five year deal with IBM for the management of all the bank’s technology infrastructure and services, as the bank seeks higher efficiency to support its growth plans for new markets, services and products. Fidelity Bank said the aim of the deal – which was announced today at the US
Kaymu Ghana has announced a partnership with Tigo Cash to help make payments seamless and stress-free. “Kaymu and Tigo Cash have partnered to make the process of buying and selling more seamless by providing a stress free payment method for buyers and sellers to conduct their business transaction,” said Tim Burkly, Kaymu Ghana managing director.
Leading global microinsurance specialist MicroEnsure announces that it now serves more than 10 million enrolled clients. In the past six months, the company has more than doubled the number of clients reached through key partnerships with mobile network operators, microfinance providers and banks in Africa and Asia. Critical to the growth has been its partnerships
Vodafone has announced a partnership with eTranzact Ghana to allow the network’s subscribers to make voice and data payments electronically via eTranzact’s e-payment platform. Subscribers can pay for postpaid and broadband subscriptions at branches of banks nationwide, online and via mobile – all in real-time. “We provide the technology platform in partnership with Vodafone to
