Finally, it is here! Vice President Dr. Bawumia has launched the mobile money interoperability platform.
This is to ensure that, no matter which network you use, you’ll be able to send mobile money to other networks seamlessly.
Speaking at the launch in Accra on Thursday, 10 May 2018, Dr. Bawumia noted that the service will improve domestic revenue mobilisation and ensure the informal sector makes their contribution to the growth of the economy.
“Each financial service can, therefore, be delivered through the mobile phone. We could cover at least 70 per cent of the bankable population in Ghana. Today, we have in excess 37 million connected mobile phones in Ghana in a population of less than 30 million and that means a huge number of people may be brought into the financial space just by using the mobile phone,” he stated.
Again according to the CEO of Ghana Interbank Payment and Settlement Systems Limited (GhIPSS), Archie Hesse, plans are being taken to involve and integrate other financial services with mobile money.
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