The G-Money lifestyle is here to stay. With a major mobile payments platform like MTN’s Mobile Money service being plagued by fraudulent activities, people are beginning to explore the need for an alternative that prioritizes the security of users’ funds. And GCB Bank’s G-Money service is beginning to emerge as the most secure service they can bank on — literally.
Why go with the G-Money lifestyle?
The G-Money payment platform, unlike the regular mobile money services being operated by the telecommunications service providers, offers you one guarantee above all the others; security.
Being the product of a bank — a state-operated one at that G-Money places a premium on keeping your funds secure. Now imagine someone calling to say they had made a transfer into your bank account. They would have to physically show up at the bank before any reversals can be done. The bank would be involved—something your telco just won’t do for your mobile money account — even though they should.
It would take an elaborate scam before any amount of funds can get out of your G-Money account, and even with that, there would be trails to follow. But that is not all there is to the G-Money lifestyle. Here, again, are a number of everyday things you can conveniently do with your account.
Receive and send money
There’s no better way to kick off your G-Money lifestyle than by sending and receiving money via the platform. You can send money to other mobile money wallets or bank accounts directly from your e-wallet. The cool thing about this is that the transaction charges are the lowest on the market.
One major fear that keeps many people stuck on their telco-run mobile money wallets is the fear that they’d no longer be able to buy airtime for their phones electronically. Well, there’s no need for fear.
With G-Money, you can recharge your mobile account and that of friends or relatives with airtime — just as you already do with your regular mobile wallets.
It is increasingly becoming clear that the times we are living in would require us to shift from cash-based transactions to electronic payments. With the world still reeling from the effects of the novel coronavirus disease, COVID-19, more businesses and service providers — especially in the formal sector — are making electronic payments the norm at their outlets.
Whether electricity or water bills, subscription service (DSTV), or even tuition fees, and club-due payments, the G-Money lifestyle and wallet are all you need to get things done.
You can link or unlink your personal bank account to your G-Money wallet to perform bank-to-wallet transactions and vice versa. Also, multiple bank accounts can be linked to your wallet.
To register an account
For the existing GCB Bank customer, dialling *422# and following the prompts from the GCB menu is all it would take to register on the platform.
Non-customers would have to visit any GCB Bank branch with a valid national ID (Ghanaian Passport, Ghana Card, Drivers License, SSNIT Card, NHIS Card) in order for the relevant particulars to be taken — so they can be registered onto the service.