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GCB Bank To Issue Electronic Money
The Bank of Ghana (BoG) says it has granted GCB Bank Ghana authorization to issue electronic money similar to what is popularly known as “mobile mon
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
African Banks Must Work With Fintech Startups
Payments Systems and Services Bill Passed
Ransomware Hits Billtrust
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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 th
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IKEA Dubai to Allow Customers To Pay For Goods With Their Time
Chances are that you may have watched In Time, a 2011 American science fiction action movie produced by Andrew Niccol where instead of using paper money, a new economic system uses time as currency, and each person has a clock on their arm that counts down how long they have to live. IKEA Dubai is
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
GCB Bank To Issue Electronic Money
The Bank of Ghana (BoG) says it has granted GCB Bank Ghana authorization to issue electronic money similar to what is popularly known as “mobile mon
MTN Deepens Financial Inclusion For Women In Ghana
As part of the GSMA’s Connected Women Commitment Initiative, MTN Ghana has committed to increase the proportion of women in their mobile money cust
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
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-
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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
Africa’s Quiet Cashless Payments Revolution
While one might assume that a payments revolution would be a hard thing to miss, as it turns out, it can happen. It all depends on how closely the wor
BoG to Enforce Rules on Cash Declaration at Kotoka International Airport
The Bank of Ghana has announced that henceforth, travelers, arriving in or departing Ghana, will need to declare any sums of cash worth over $10,000.
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
GCB Bank To Issue Electronic Money
The Bank of Ghana (BoG) says it has granted GCB Bank Ghana authorization to issue electronic money similar to what is popularly known as “mobile mon
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
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
MTN Deepens Financial Inclusion For Women In Ghana
As part of the GSMA’s Connected Women Commitment Initiative, MTN Ghana has committed to increase the proportion of women in their mobile money cust
Ghana’s Tax Filing To Go Digital
The Ghana Revenue Authority (GRA) is considering introducing Integrated Tax Application and Preparation system (iTaPS) to enhance individual annual ta
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
