With a substantial rise in the use of fintech apps especially during the novel Coronavirus pandemic, Dnar™ in partnership with GODEP (Ghana-Oracle Digital Enterprise Program), an acceleration program for startups in Ghana by Oracle Corporation, has launched an initiative to help startups succeed and expand on their new QR code payment structure
According to management of Dnar™, this exciting step will allow Dnar to receive additional resources aimed to help startups succeed and expand on their new QR code payment structure.
Speaking to Citi Business News, founder of Dnar Inc., Enoch Antwi said the opportunity gives startups like Dnar™ a unique acceleration program aimed at growing their businesses.
“I encourage all tech enthusiasts, tech startups, and tech companies to take advantage of all the avenues created by the Government of Ghana and through this new partnership with Oracle [GODEP]. Actively be part of the platforms and services at your disposal to unearth latent talents. Showcase and sharpen your strengths and competencies. We must attain the heights where technology becomes a pliant tool by which our socio-economic and physical environment is manicured into a desired legacy worth leaving to posterity,” he said.
“For Dnar™, this partnership promises to enable the further development of Dnar™ into a global fintech product. With the GODEP, Dnar™ will continue to innovate and expand,” he added.
He further noted that Dnar is also engaging with the SEC and the Bank of Ghana concerning formal Sandbox environment as Digital Asset Exchange features such as cryptocurrency payments to merchants, as well as enabling Ghanaians to invest and trade digital assets such as Bitcoin, Ethereum and Stable-coins.
“This cryptocurrency payment feature along with the recent addition of QR code payments to merchants through mobile money and bank accounts promises provide yet another much-needed innovation that does not exist in the Ghanaian market,” he said
“We need to embrace the usage of QR code payments, Digital Assets, and create an enabling environment where solutions can thrive. The mentality behind crypto is changing and Bitcoin is proving itself as a real use case and asset class,” he added.
The move comes months after Vice president, Dr. Mahamudu Bawumia, announced government’s special interest in making sure the country’s digitization drive is increased.
“Ghana looks forward. We are the gateway to Africa, the ever-shining black star – with a forward looking mindset. We only expect new glorious breakthroughs because at present, we are ready to apply new remedies with digitization and technology innovation,” Bawumia stated.
Dnar is a renowned fintech start-up that is specifically focused on QR payments and conventional digital assets exchange which allows the purchase, spending and transfer of digital assets to mobile money accounts, traditional bank accounts and anyone within the Dnar network at low cost using QR code payment solution.
The merchant solution allows merchants to receive digital forms of payment without the need of a point of sale device. All merchants have Dnar wallets and will be able to receive Bitcoin or stable coins as a form of payment if they choose.
GODEP (Ghana-Oracle Digital Enterprise Program) is an acceleration program for startups powered by Oracle Corporation while Dnar™ is a leading fintech mobile payment app in Ghana with over 35,000 users and growing.