BoG's e-cedi rollout fits well with emerging financial technologies – Banking Consultant - News Summed Up

BoG's e-cedi rollout fits well with emerging financial technologies – Banking Consultant


According to him, the move fits well with the Bank of Ghana's objective to deepen Ghana's financial inclusion efforts and position in Africa as well as embrace emerging financial technologies in payment systems. “The Bank of Ghana will provide a platform on which more value will be added to digital transactions, linking Ghana’s financial transactions to international platforms,” he added. Meanwhile, Ghana’s central bank is set to begin a first of three pilot-phased rollouts for the nation’s digital currency known as the e-cedi in September this year. “Digital Currency is part of the central bank acknowledging the need for digital payment and digital delivery of financial services. By this, the Bank of Ghana will provide a platform on which we can add more value to digital transactions,” Dr Opoku-Afari said.


Source: GhanaWeb July 15, 2021 12:45 UTC



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