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Ghana’s interoperability system will allow for greater financial inclusion – Veep assures Ghana now has the http://livebettingrp7.biznewsselect.com most advanced electronic payments system on the African continent, following the launch of the Mobile Money Payment Interoperability System last week, and this http://casinobingossx.justaboutblogs.com will allow for greater financial inclusion, the Vice President, Dr Mahamudu Bawumia, has declared. While some countries on the continent have the ‘standard’ mobile money interoperability system, which allows seamless transactions between customers of the various telecom service providers, Ghana’s system allows transactions between telcos as well as banks, making financial services more accessible to the populace. Vice President Bawumia launched the first mobile money payments interoperability system in Ghana on Thursday 10th May, 2018. The system is expected to largely eliminate the difficulties associated with traditional banking services, and make banking services more accessible to the large unbanked population, estimated to be about 70%. Speaking at the launch of Ghana’s first private third party processing company, Payswitch, in Accra on Wednesday 16th May, 2018, the Vice President said Ghana’s system was unique, and the conclusion of the second phase would make it even more advanced. “What Ghana has done, which we did last week, has not been done in Africa” Vice President Bawumia declared. “We’re doing something that is unique. We are allowing interoperability between the mobile companies, so whether you are an MTN, Vodafone Tigo or Airtel user, you can send money between these operators. That is the standard type of interoperability that you see for example in Kenya or Tanzania, http://jackpotsd7g.recentblog.net but we went one step ahead of that.
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