The public has been urged to resort more to electronic forms of payment in order to reduce their exposure to armed robbery and related risks. Mr Archie Hesse, the Chief Executive of Ghana Interbank Payment and Settlement System (GhIPSS), said this following reports of two separate armed robbery attacks in two successive days and other … Read more
CEO of DreamOval, Derrydean Dadzie has said that Slydepay now has over 30,000 subscribers. According to him, Slydepay, which started as iWallet, was a University project which was started by one of the co-founders of DreamOval in 2004. Slydepay has come a long way in providing an online payment platform and ecosystem since it was … Read more
Alipay, the Chinese digital payment giant owned by ecommerce giant Alibaba, is expanding in the US. Customers will be able to use Alipay at about 4 million businesses after a deal was signed with credit card processing service First Data. The deal is chiefly aimed at Chinese tourists visiting North America. It follows a small … Read more
Shareholders of CAL Bank will not receive dividends with respect to the 2016 financial year. “As a result of the reduced profitability and the need to preserve the capital base of the Bank and ensure compliance with regulatory requirements, the Board does not recommend the payment of a dividend”, Chairman of the Board, Paarock Van … Read more
The French department store Printemps launched the service Alipay, one of China’s biggest payment services, at its flagship store on Wednesday, making it the first department store in France to use the service. The Alipay app allows consumers to purchase goods in a fast and easy way by transacting money via the QR code generated … Read more
WestBlue Consulting has adopted Guaranty Trust Bank’s safe, strong and robust payments and collections channels; the GTPay, GTCollect and Bank *737# to provide payments for Import Declaration Forms (IDF) from clearing agents and importers. The partnership with Guaranty Trust Bank (Ghana) Limited is aimed at offering clearing agents and importers additional convenient channels for the … Read more
PayPal has signed up “tens of thousand” of Nigerians in its first week of operating in Africa’s biggest economy, with consumers already purchasing items from Britain, China and the United States via its online platform, a company official said. E-commerce remains in its infancy in most of Africa but is growing exponentially with the advent … Read more
PayPal is entering 10 new countries this week, including Nigeria, providing online payment alternatives for consumers via mobile phones or PCs in markets often blighted by financial fraud. Rupert Keeley, the executive in charge of the EMEA region of PayPal, the payments unit of eBay Inc, said in an interview on Monday the expansion would … Read more