Swiss government supports Zeepay, UNCDF, IOM and Premium Bank with US$250,000 grant - News Summed Up

Swiss government supports Zeepay, UNCDF, IOM and Premium Bank with US$250,000 grant


Business News of Sunday, 8 April 2018Source: thebftonline.comSwiss government supports Zeepay, UNCDF, IOM and Premium Bank with US$250,000 grantSwiss government has supported some companies with money to improve their mobile remittance serviceZeepay, the fastest growing mobile financial services company in Africa, offering mobile money services, cross-border remittances and mobile payments in partnership with United Nations Capital Development Fund (UNCDF), International Organisation for Migration (IOM), and Premium Bank have received a grant from the Swiss Government to improve mobile remittance services from the diaspora. The focus of the fund is to assist the partners deepen remittance services in a bid to improve financial inclusion over the next two years. She believes this would assist immigrants greatly as they would have a window to save in Ghana. He also mentioned that digital termination of remittances into mobile wallet is the future as Africa has over 280million wallets and less than 90million bank accounts. Felicity Luktuka Jafoktuk, The Financial Inclusion Analyst said: “The Swiss Government decision to offer this grant is a major milestone in the life of an immigrant.


Source: GhanaWeb April 08, 2018 05:03 UTC



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