GCB Bank sponsors maiden edition of the Mobile Technology for Development Conference (MT4D) in Accra
In its commitment to driving financial inclusion in Ghana, GCB Bank, the first bank with a mobile money service is sponsoring the first edition of the Mobile Technology for Development Conference (MT4D) in Accra.
The flagship financial ecosystem coming together of banks, electronic money issuers, payment service providers and fintech and other digital services providers was opened on 10th March 2020. It served as a means for all present to network and discuss various ways to move forward the financial inclusion agenda of Ghana.
According to Mr Ransford Sowah, “Banking and telecommunications industry related businesses have been increasing dramatically in recent years. Our G-money is a model designed to expand our business offerings, future viability, making banking services convenient for customers and to meet the demand of the market. GCB has built the capacity and the financial prowess to seize the opportunities offered by the business environment to expand our Value Added Networks (VAN) services to areas unbanked”
GCB Ban’s G-money is a mobile money wallet service which enables customers and potential customers of the bank to store their cash in electronic value on their phones and use it for their daily transactions.
G-Money is one of the many moves by the bank to move forward one of its strategic objectives of driving financial inclusion in Ghana,
Also present at the conference was the Vice President of the Republic of Ghana, Dr Mahamudu Bawumia; Director of Payment Systems, Bank of Ghana, Dr Setor Amedeku; CEO, Ghana Interbank Payment and Settlement Systems (GhIPSS), Mr Archie Hesse and CEO, Ghana Chamber of Telecommunication, Dr Ken Ashigbey.