The total value of all mobile money transactions done in the first quarter of the year reached GH¢52billion, a more than 68 percent growth over the figure recorded in the same period last year. According to the Bank of Ghana, in the first quarter of last year mobile money transactions...
The ever-growing Smartphone manufacturer, Infinix Mobile is set to open its first “Infinix Exclusive Shop” at the Achimota Mall in Accra, Ghana soon. Infinix Mobile in Ghana has mostly had its presence by using retail mobile phone outlets and online but with the Infinix Exclusive shop, the company aims to...
The Central bank has announced the establishment of a new FinTech and Innovation Office to drive the Bank’s cash-lite, e-payments, and digitisation agenda. The regulatory body said the emergence of FinTech solutions has introduced significant complexities that require the sector supervisor’s focus, to understand and supervise effectively. The setting...
Hello Readers, have you observed the latest catchy adverts on radio in respect of the new marriages between telephone companies (Telcos) and financial institutions? I find them very fascinating because barely two years ago, there was a turf war between the telco giants and banks, with so much suspicion...
Mobile money is a fast, simple, convenient, secure and affordable way of transferring money, making payments and initiating other transactions using a mobile phone and other mobile devices. It is seen as an opportunity to cross-sell financial products, playing an important role in extending financial services to the unbanked...
A GSMA Mobile Money Certification will bring about safer, more transparent and more resilient financial services for millions of mobile money users, Nathan Naidoo-Head of Mobile Money, Mobile for Development at the GSMA, has said. “A key ingredient in the success of mobile money has been trust. The certification will...
Vodafone Ghana has just decided to create a revolution in the mobile money space in the country. This follows the launch of arguably the most innovative product by its Vodafone Cash team to offer convenience and ease for all customers. Starting today, all customers of its Vodafone Cash mobile money...
Smartphone manufacturer, Infinix Mobile has opened its first “Infinix Exclusive Shop” at the Achimota Mall in Accra, Ghana. Well known for providing top of the line features and the best quality in its products through their series of smartphones, Infinix’s new owner owned shop is an experience center which allows...
Mr. Eli Hini, General Manager for Mobile Financial Services-MTN Ghana, has said the outfit is working with police to thoroughly screen personnel who apply to become agents of mobile money. Mr. Hini said the agents will be thoroughly scrutinised and well-observed to ensure the safety of customers, agents and credibility...
Vodafone Ghana has launched a new promotion, dubbed ‘Vodafone PayDay’, as part of activities to mark the company’s 10th anniversary of operating in the country. The three-month long promotion will see thousands of customers win cash prizes ranging from 10 to thousands of Ghana cedis daily, weekly as well as...