Tag: mobile money interoperability
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Telcos not taking over banks with interoperability
Telecom industry players have insisted they are not taking the place of banks even with the launch of the mobile money interoperability. The telecom operators however believe the new system should help reduce the number of people not captured within the banking population. The comment also comes three days to the official launch of the…
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Mobile money interoperability goes live on May 10
The Ghana Interbank Payment and Settlement Systems (GhIPSS) has disclosed that the mobile money interoperability will go live on Thursday, May 10, 2018. According to the CEO of GhIPSS, Archie Hesse, the rolling out of the system will follow the launch by the Vice President, Dr. Mahamudu Bawumia. The mobile money interoperability is the first…
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Govt reschedules mobile money interoperability to May
Government has disclosed that it will roll out the mobile money interoperability system in May this year – 2018. This latest date comes after missing about three initial timelines for the implementation of the policy. The mobile money interoperability is to allow consumers transfer money across all mobile networks without any restrictions. This is also…
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GhIPSS shifts mobile money interoperability to February 2018
The Ghana Interbank Payment and Settlement Systems (GhIPSS), has rescheduled the implementation of the mobile money interoperability to next month (February, 2018). This comes after missing the initial November 2017 deadline. The CEO of GhIPSS, Mr. Archie Hesse who disclosed this new date to Citi Business News said the necessary processes for all the service…
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National ID cards to be issued in January 2018
The National Identification Authority (NIA) should be issuing the National ID cards from January 2018, barring any last minute hitch. This is the indication from the Office of the Vice President, Dr. Mahamudu Bawumia. The move will however depend on the maturity of the Legislative Instrument (LI) on the policy currently before Parliament. Speaking on…
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Govt misses 2017 deadline for financial inclusion
Government has failed to meet its deadline for its key policies aimed at ensuring financial inclusion. The three; mobile money interoperability, national Identification system and Digital address system were key upon assumption of office of the NPP administration. But after chalking a year into their administration, the government has announced that it has postponed the…