Zeepay mobile money service would soon be possible for customers of Zeepay Ghana. This development comes with the Bank of Ghana recently granting an Electronic Money Issuer (EMI) or mobile money operating license to the parent company, Zeepay Ghana.
With this permit, Zeepay subscribers can access mobile money services such as cash in and cash out, P2P transfers, and payments; as well as digital termination of remittances (DTR).
Also read: Fintech in Ghana–The drive towards a cashless economy
Zeepay mobile money: Latest mobile payments platform
Noting the importance of this development, Paa Kwesi Yankey — chairman of the BoG board — pointed out that Zeepay would now be able to extend its services within the mobile financial services industry.
Also read: Zeepay targets 150 million subscribers
Subscribers to Zeepay’s services would soon be able to send and receive funds from across the 100,000+ agent network available. Also, related services such as bill payment, airtime topup, insurance, etc., would be performed on the platform when the service is rolled out.
About Zeepay
With a presence in over 20 African countries and still expanding, Zeepay is a leading fintech and mobile financial services provider in Ghana and on the African continent.
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