Ghana banking giant prepares mobile money challenge - Mobile World Live

Ghana banking giant prepares mobile money challenge

24 JAN 2020

GCB, one of the largest banks in Ghana, announced its mobile money service would launch by the end of January, upping competition to operator-led services in the country.

The bank said its G-Money platform would go live on 30 January having been unveiled to the country’s media in 2019 and subsequently cleared by the country’s central bank in November.

In a statement, GCB hailed its platform as an “industry first” mobile wallet, as it is operated by a bank and enables payments, savings and loans on users’ mobile handsets or PDAs.

The company added: “Apart from affording customers the freedom to perform transactions regardless of their mobile network operator, G-Money will also create an enabling environment for the ongoing digitisation processes in Ghana’s economy.”

Mobile money services are already provided by the country’s three largest network operators by connections: AirtelTigo, MTN and Vodafone.



Chris Donkin

Chris joined the Mobile World Live team in November 2016 having previously worked at a number of UK media outlets including Trinity Mirror, The Press Association and UK telecoms publication Mobile News. After spending 10 years in journalism, he moved...

Read more