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Paysafe study shows COVID-19 fueling online shift, payment preferences
A Paysafe report reveals that more than half of U.S. consumers are shifting to online purchases due to COVID-19, as they can’t access physical retai
Bitcoin on Track For Best Second Quarter Price Gain
Bitcoin (BTC) appears to powering up to the best second quarter price gain on record and the best quarterly performance overall since late 2017. At pr
ECG Prepaid Payments Goes Digital With Mobile App
Dangers Of Large Currency Denomination Notes
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AirtelTigo Appoints New CEO
AirtelTigo has named Mr. Murthy Chaganti as the new Chief Executive Officer of the company. Prior to his appointment, Mr Chaganti was the Chief Operating Officer of the company and acted as the CEO from September 2019 until his appointment. Ab
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Fintechs and MoMo Operators to Acquire License by June 2020-BoG
The Bank of Ghana has said companies engaged in online or digital transactions including Mobile Money Operators and Fintechs, have up to June 2020 to acquire their licenses to enable them operate in the electronic payment space. The acquisition of the license by these companies is one of the requirements in the Payment Systems and
Ransomware Hits Billtrust
Billtrust, the B2B payments provider is still recovering from a ransomware attack that began last week. The company said it is in the final stages
Dangers Of Large Currency Denomination Notes
Our monetary authorities have just introduced the 100 and 200 cedis note at this stage in our economic history, especially, when older and more vibran
MTN Ghana: “More Taxes Would Injure The Mobile Money Sector
A lot of literature and academic studies is available on the need for African countries to collect more tax revenue from citizens and businesses. The
Apple Launches a New Credit Card
Apple has followed in the footsteps of Amazon with the debut of the new Apple Card. One can apply directly on their iPhone and, once approved, the car
How the pandemic is solidifying contactless payments
Prior to the COVID-19 pandemic, mobile payment uptake was largely driven by convenience. While convenience is still important, the pandemic has put a
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Apple Launches a New Credit Card
Apple has followed in the footsteps of Amazon with the debut of the new Apple Card. One can apply directly on their iPhone and, once approved, the car
Google to Offer Checking Account
Google plans to offer checking accounts to customers starting next year, a source familiar with Google’s plans told CNN Business. Google is part
Russia’s VTB Bank launches international card-to-card transfers
Russia’s VTB Bank has launched international card-to-card transfers, enabling customers to make money transfers to foreign banks across Europe. VTB-
IT Consortium Is ISO 27001:2013 certified
IT Consortium has become Ghana’s first FinTech company to obtain the ISO/IEC 27001:2013 certification. This certification further consolidates t
GTBank Launches Virtual Cards to Promote Online Shopping
Guaranty Trust Bank (Ghana) Limited has launched and added to its ever growing list of innovative products– the GTBank Virtual Card – to give cu
Visa says contactless use surged amid COVID-19
Visa is reporting a surge in tap-to-pay usage since the onset of the COVID-19 pandemic, with 31 million U.S. consumers using a contactless Visa card o
Payments Systems and Services Bill Passed
Ghana’s parliament has passed the Payment Systems and Services bill into law. The bill is expected to significantly trigger innovation and grow
Verve Cards Launched in Ghana
Verve, a leading payments and technology company has partnered with the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) to launch in G
8 Services You Don’t Know Exist On MTN Mobile Money
If someone told you MTN mobile money is just about sending and receiving money and cashing-out then they lied. The ubiquitous mobile money service has
Mobilemoney Interoperability Crosses GH¢90 billion
Bank of Ghana data has shown that the total value of transactions through the mobilemoney interoperability platform was GH¢95.4 billion in September
