The Bank of Ghana (BOG) has inaugurated a Payments Systems Council (PSC) under its Payments Systems Department to help drive the development of efficient and safe electronic payment systems in...
The Bank of Ghana has intensified measures to tackle fraud associated with electronic payment systems. Reports from the central bank indicate that the country loses over 900 million dollars through...
Access to e-zwich services continuesµ to improve significantly following a new initiative by the Ghana Interbank Payment and Settlement Systems (GhIPSS), to allow interested enterprises to also...
As millions of Indians line up to try and get their hands on cash, an e-commerce company has started delivering it to their doorsteps. It's a response to the Indian government's sudden ban on 500 and...
As part of efforts aimed at enhancing Ghana’s drive to attain a cash lite economy, Zenith Bank Ghana has partnered with MasterCard to launch the Zenith bank MasterCard credit, debit and prepaid...
Mobile money deposits hit GH¢697.2 million as of the end of June, this year, showing increasing public acceptance of mobile money service. Mr. Clarence Blay of the Systems Office of the Bank of...
As part of efforts aimed at enhancing Ghana’s drive to attain a cashlite economy, Zenith Bank Ghana has partnered with Mastercard to launch the Zenith bank Mastercard credit, debit and prepaid...
About 18 of the country’s banks are now able to offer the Instant Pay (GIP) service to their customers, more than twice the number that could do so as at August this year. This means that more...
About 18 of banks in Ghana are now able to offer the Instant Pay (GIP) service to their customers, which is double the number that could do so in August this year. This implies that more customers...
Ghana should also look at how investments in roads, power and telecoms – in partnership with the private sector – might drive growth by lifting productivity; it could also be a way to create...
FBNBank Ghana has scaled up its money transfer services with the introduction of TransFast Money, a global remittance service. Managing Director of the bank, Gbenga Odeyemi said the addition “is to...
Barclays bank has launched two credit cards as part of measures to improve service to its customers. According to bank, it launched the cards as a result of a survey it conducted to identify the...
Some bankers have ruled out huge layoffs of their human resource following the adoption of modern technologies in their operations. According to them, the job losses could largely be blamed on the...
Wholesalers and distributors are being encouraged to use the Instant Pay (GIP) for their transactions to ensure quick payment and delivery of goods particularly during this yuletide. The Instant Pay...
Three of Australia's four biggest banks will be barred from collectively bargaining with Apple Inc (AAPL. O) in relation to its mobile digital payments system, under a draft decision released by the...
The Internet is a powerful tool for communication and research as well as providing businesses with means of connecting with consumers and generating income. Advancement in Information and...
Reports reveal that Mahama has venture into a false security infrastructure deal worth a whopping $300 million! The Mahama government is accused of effectively “stealing” $300 million from state...
The Mahama government is accused of effectively “stealing” $300 million from state coffers as they face their electoral fate in two weeks’ time at the December 7 presidential and parliamentary...
Records from the Ghana Chamber of Telecommunications indicate mobile money wallets have grown 420 percent from an estimated 2.5million in 2011 to over 13 million currently. Over the same period, the...
FBNBank Ghana has partnered with eTranzact, an electronic transaction switching and payment processing platform, to provide the bank’s customers with a simple, secure and convenient way of paying...
