GCB Bank has introduced a mobile money platform christened G-Money, which allows customers of the bank to perform electronic payments or transactions seamlessly.
The ‘G-Money’ platform allows users to send and receive money, pay for goods and services.
The service which is fully interoperable with existing mobile money wallets and other bank accounts allows customers to send and receive funds from across a number of platforms.
According to Ray Sowah, the Managing Director of GCB Bank, the initiative is intended to bridge the digital divide, which is crucial to ensuring equal access to information and financial services.
“Our proposition seeks to deliver superior customers service through extensive branch network, well trained and motivated staff, complemented by a vast agent network of local entrepreneurs,” he said.
The Bank of Ghana’s commitment, he said, is to drive financial inclusion, as one of its key strategic objectives with the passage of the Payment Systems and Services Act, 2019 (Act 987).
The platform also allows local users to save and borrow money using their G-Money accounts.