The Chief Executive Officer of IT Consortium, one of the leading financial technology companies in Africa, Romeo Bugyei, has assured clients of his company’s commitment to strengthening its infrastructure base for maximum efficiency in digital payments.
Speaking during the commissioning of the company’s new office block at Adjiringanor in Accra, Mr. Bugyei said the company’s investment in state-of-the-art technology is to continually provide stable platforms for its digital services.
He said the company has employed more hands to embark on research projects and tackle cyber security to safeguard its operations as one of the leading payment aggregators in Ghana.
“IT Consortium is very big in Mobile Money and our TransFlow platform also links financial institutions and mobile money operators to merchants and their customers across Africa.”
Mr. Bugyei called on government to push further for the widespread adoption of the Ghana Card which he believes will provide adequate data to back the nation’s digitization agenda.
The Head of Payment Systems at the Central Bank of Ghana, Dr. Kwabla Amediku Settor, lauded the company’s work in digitizing payments in the agricultural value chain, informal sector pensions as well as government payment collection.
He said financial technology over the past decade, has gained prominence in Ghana’s payment ecosystem, and the World Bank recognizes it as the main driver for financial inclusiveness.”
He said financial technology companies such as IT Consortium, by their track record, have proven that they have the potential to improve the financial services industry in Ghana, create employment, attract investors, develop local talent and drive financial inclusion.
Dr. Settor called for more collaboration between stakeholders such as telecommunication companies and financial institutions to provide efficient platforms to boost savings and investment in the country.
He said government in line with its agenda of digitizing the economy, has passed the Payment Systems and Services Act to create an enabling environment for digital payments and provide a legal and regulatory framework for certainty to all stakeholders.
About IT Consortium
IT Consortium is one of Africa’s leading financial services technology solutions provider. It’s mission is simply to provide innovative systems that bring obvious value to its patrons.
They adapt technology to create systems that provide clear competitive advantages to its customers.
At IT Consortium, they strictly adhere to high ethical standards and exhibit pure dedication to excellence in all operational aspects.
The company serves a wide variety of businesses including schools, banks, non-banking financial institutions, mobile network operators, insurance companies, pension trustees, governmental agencies and non-governmental agencies among others.
With over a huge client base across the African continent, IT Consortium has completed the PCI-DSS certification programme and is now officially a PCI-DSS certified company.