Payments made easier

By Charles Takyi-Boadu Posted: Thursday, June 19, 2008
The management of eTranzact, a customised multi-channel and application electronic and mobile payment platform that enables card holders to conveniently pay for goods and services via the internet, mobile phone, banks’ outlets, ATMs and POS has introduced a wide range of products and services to the Ghanaian market.
The company, which started full operations in the country somewhere last year, seeks to compliment the introduction of eZwich by the Bank of Ghana (BoG). Currently, eTranzact which partners a number of banks including Unibank, United Bank for Africa (UBA), Intercontinental Bank, Zenith Bank, Amalgamated Bank and GT Bank has secured connectivity to all the mobile networks in the country, for the development of services to its customers and the general public.
This, according to the company’s Head of Operations, George Babafemi means that all mobile phone users are enabled on its platform.
“We are highly committed to contributing our quota to creating a cashless economy in Ghana, with a solution which is convenient and safe for all persons who make transactions”, he said.
It is pioneering a real time online payment solution for merchants such as organisations, schools, corporate entities and other related services.
Babafemi thus noted that they are highly committed to contributing to creating a cashless economy in Ghana, with a solution that is convenient and safe for all persons who make transactions. He also stressed, “our strength lies in our ability to customise to suit the needs of our numerous merchants. We do not claim to have a perfect solution, but we do have one of the best payment systems in the world.” e
Tranzact’s products include mobile phone top-ups for self and third parties, web payment and e-commerce payment gateway, bill presentation and payment via mobile phone and internet, payment of subscription via mobile phone and internet, mobile banking (mini statement, balance enquiry, mobile money transfers, payments such as salary, wages, revenue collections, insurance premium collections and online and mobile ordering and payment.
eTranzact currently operates in Zimbabwe, Nigeria, United Kingdom and Ghana whilst ground work has almost been completed for a take off in South Africa, Cote D’Ivoire, Uganda, Zambia and Sierra Leone. This Africa coverage is to pave way for eventual travelling by clients without carrying cash across Africa.