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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
GTBank Launches Virtual Cards to Promote Online Shopping
Google to Offer Checking Account
India Moves to Ban Cryptocurrencies
Digitization Key to Formalizing Ghana’s Economy
TRAVEL GUIDES
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 vibrant economies elsewhere maintain a comparatively, much more compact currency denomination profile. The
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Mobile Money Operators to Face Minimum Capital Requirement-Bank of Ghana
The Bank of Ghana (B.O.G) has hinted a soon to be announced new minimum capital requirement for interested persons and institutions eyeing the mobile money operations (MoMo). Ghana’s banking sector regulator explained that existing MoMo operators will be given some time to meet the new capital requirement. New operators on the other hand will
Facebook Moves Towards Payments and E-commerce
Facebook CEO Mark Zuckerberg gave his keynote speech during Facebook Inc’s annual F8 developers conference in San Jose, California, U.S., April 30,
Alibaba Extends $3B Loans to Coronavirus-Affected Firms
Alibaba said on Monday (Feb. 17) that ㍐20 billion ($2.86 billion) is available in loans via its affiliate, Ant Financial’s MYBank, to help compani
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
African Banks Must Work With Fintech Startups
The need for African banks to innovate at a quicker pace and access new customer segments is reason for the increasing number of financial institution
MoMo Interoperability Grows by Over 350% in the first quarter of 2020
The mobile money service which allows for the seamless transfer of funds across different networks popularly referred to as the Mobile Money Interoper
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ECG Prepaid Payments Goes Digital With Mobile App
The government will on February 18, 2020 launch an ECG Mobile App which will enable customers of the Electricity Company of Ghana (ECG) to buy prepaid
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
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
Facebook Moves Towards Payments and E-commerce
Facebook CEO Mark Zuckerberg gave his keynote speech during Facebook Inc’s annual F8 developers conference in San Jose, California, U.S., April 30,
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
Alibaba Extends $3B Loans to Coronavirus-Affected Firms
Alibaba said on Monday (Feb. 17) that ㍐20 billion ($2.86 billion) is available in loans via its affiliate, Ant Financial’s MYBank, to help compani
Ghana’s Payment System Is Challenged-Kweku Adoboli
Fraudster and rogue trader were descriptions that painted headline stories about Ghanaian-born Kweku Adoboli, a former trader of Swiss banking giant,
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 Operat
MoneyGram’s Walk-In Business Hit By Coronavirus As Digital Transactions Surge
With its walk-in business taking a large negative hit due to the coronavirus pandemic and stay-at-home orders, MoneyGram reported 57 percent digital
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
