Business News of Wednesday, 12 February 2020Source: Standard CharteredStandard Chartered Leads the way with E-Payment SolutionsFile photoGlobally, the dominance of cash payments continues to decline significantly. According to the 2018 Global Payments Report by McKinsey & Company, e-payment volumes exceeded $3 trillion in 2017 and will more than double by 2022. Advanced Payables - International ACH, instant payments, virtual account for payments, mobile wallet payments. In 2018, according to Newzoo's Global Mobile Market Report there is a 24 percent penetration of smartphones in Ghana. In 2019, the Bank launched a fully digital bank on mobile - SC Mobile which offers end to end onboarding.

Source: GhanaWeb February 11, 2020 22:41 UTC