GHANA’S EDGES CLOSER TO A CASHLESS SOCIETY AS GHIPSS RECORDS 19% INCREASE IN E-TRANSACTIONS
The Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) witnessed an increase in the value of transactions from GH¢174 billion in 2016 to GH¢208 billion in 2017, signifying an impressive 19%...
EBAY TO SPLIT WITH PAYPAL AS ADYEN TAKES OVER
EBay has announced that it plans to stop using PayPal as its back-end services provider.
It said, when their contract expires the online marketplace will switch to a long-term deal with Amsterdam-based...
“TRO-TRO” PASSENGERS SOON TO PAY “TRO-TRO” FARE VIA DIGITAL MEANS
Passengers of commercial vehicles "tro-tro" will soon be paying their transportation through digital means.
This will be after the passage of Payment System and Service Bill is passed by Parliament.
According to the...
NIGERIAN BASED BANK (FIRSTBANK) UPGRADES ITS INTERNET BANKING SOLUTION
First Bank of Nigeria Limited (FirstBank) announced that it has upgraded its Internet Banking Solution, FirstOnline.
According to the bank, the upgrades include improved features to promote and safeguard the electronic banking...
BITCION IS NOT REALLY MONEY AND VISA WON’T TOUCH IT -CEO OF VISA
Mr. Alfred Kelly, the CEO of credit card giant Visa, revealed that he believes Bitcoin; the world’s largest cryptocurrency is not really money and Visa won’t touch it.
According to him, VISA...
SOUTH KOREAN BANKS TO USE REAL NAMES FOR CRYPTOCURRENCY TRADING
South Korean local banks will be launching a real-name system for cryptocurrency trading in the country.
This plan is to help curb speculation and criminal activities in the country, by making anonymous...
MTN REVEALS AMBITION TO BECOME AFRICA’S BIGGEST BANK
Leading South African telecommunications company, MTN has revealed it's ambitious plan to become Africa's biggest bank.
This was revealed at the Deloitte Africa in 2018 Outlook Conference in South Africa by the...
ENERGY BANK UPGRADES MOBILE APP
Energy Commercial Bank has upgraded its Energy Mobile application with additional features to facilitate banking transaction.
The mobile banking initiative is aimed at making banking easier for customers to enable them make...
GHANA SPEEDS UP EMV MIGRATION WITH PURE PAYMENT TECHNOLOGY
Gemalto, the world leader in digital security, is providing its PURE white-label payment solution to the Ghana Interbank Payment and Settlement Systems (GHIPSS).
GHIPSS is a subsidiary of Ghana’s central bank that...
GHIPSS TO ENSURE MOBILE MONEY INTEROPERABILITY BY MARCH 2018
The Ghana Interbank Payments and Settlement Systems (GhIPSS) has said that by March this year, Mobile money transactions will be interoperable.
According to them, their platform would ensure that cross-network mobile money...
