This comes as electronic payments have viewed considerably expansion in the previous few years 38.9% of the population in excess of 15 decades previous has a cellular revenue account in Ghana.
Cell cash has gotten more common for several years, and Ghanians have adopted much more electronic payment infrastructure.
The superior fees of digital payments are frequently passed on to buyers — an concern Cellulant claims it is making an attempt to repair.
Not too long ago, the Central Financial institution of Ghana has issued Cellulant a Payment Providers Supplier license, allowing the business mixture merchant services, procedure economic expert services, receive merchants, deploy POS methods and mixture payments for banks and establishments alongside the basic community.
Cellulant will roll out Tingg in Ghana in get to present approaches to digitize payments, obtain and disburse to customers, the release says.
Eric Kortey, Cellulant Ghana region supervisor, claimed Ghana was “fast becoming a hub” for FinTech, and a license for the firm would open far more doors.
“Cellulant’s electronic payments platform is allowing for every Ghanaian to pay out for their goods and companies as a result of any payment channel of their preference,” he explained. “Cellulant is addressing the fragmentation of payments for equally enterprises and their shoppers. The digital platform, which just lately also launched in Zambia, offers simplified payment applications and processes for a service provider to deal with their payments. As a consequence, firms can let their prospects to make payments for merchandise and products and services applying domestically relevant payment possibilities.”
PYMNTS wrote that more rapidly digital payments, refunds and streamlined shopping carts have assisted out in the B2C room, however the B2B space hasn’t noticed the exact same level of adoption.
See far more: Real-Time Payments Elevate the Bar for Cross-Border B2B CX
In the B2B planet, seller payments have not gotten as a lot of the digital transformation as desired, with payments experiences for cross-border and other matters remaining to some degree static.