• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Business Business News 201412

Gov’t To Pay Workers Via e-Zwich

18-Dec-2014
/ Business News, Business
Email
Print
Comments 0
(0)
Comments
Share on Facebook Share on Twitter
 

The Chief Executive Officer (CEO) of Ghana Interbank Payment and Settlement Systems, (GhIPSS), Archie Hesse has welcomed President John Mahama’s description of the e-Zwich card as the best medium for paying public sector workers.

President Mahama, at the opening of a two-day high level conference on National Anti-corruption Action Plan in Accra recently, noted that the National Service Secretariat (NSS) would start paying allowances on the e-zwich and subsequently extend it to all government-subverted organisations.

This decision, the President said, was part of efforts to fight corruption.

Speaking in an interview, Mr Hesse commended President Mahama for taking such a decision.

He said GhIPSS was ready to accomplish the task.

The biometric features of the e-Zwich card make it impossible for multiple payment of salaries while people who do not exist cannot cash monies paid them since a live finger is required to access monies paid onto the e-Zwich card, he indicated.

He said apart from fighting payroll fraud, paying public sector workers through the biometric payments system would significantly usher Ghana into an electronic payment regime.

Mr Hesse explained that if public sector workers get part of their salaries on their e-zwich card, they would be greatly motivated to use the cards to shop.

GhIPSS has rolled out more than 200 Point of Sales terminals (POS) in Accra alone and these terminals accept both e-Zwich and normal ATM cards, the GhIPSS CEO said.

The moment shop owners and other service providers get to know that this huge number of people will have active e-Zwich cards, they will secure and make the POSes available in addition to introducing all kinds of schemes to attract customers.

In advanced countries, the use of cards to shop has become the norm, and card issuers constantly come out with various discount schemes to encourage people to shop with them, Mr Hesse said.

Source: Daily Guide

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Bank Customers Swindled! …No Trace Of Years Of Savings As Bank Shuts Down

Next Post

Technical Hurdles Affect Atuabo Gas Commissioning Schedule

 
 

More Stories

KFC In Good Standing With ECG - Management Assures Customers
CEO Of Quick Angels Richard Quaye Gifts 10 Entrepreneurs With Free Seed Capital On His Birthday
Vodafone Cash And Mobile Money Limited Partner To Enable Merchant Interoperability
MobileMoney Limited And Vodafone Ghana Partner To Enable Merchant Interoperability
Huawei’s FinTech 2.0 To Support Ghana’s Mobile Money, Deepen Financial Inclusion
Vodafone Cash Leads The Charge For Digital Financial Inclusion In Ghana
Ghana's Debt Forgiveness Request From China Unlikely To Succeed - Isaac Adongo
UMB Celebrates BOST Revival At Customer Recognition Event
Vehicle Components Manufacturers Explore Avenues In Ghana
Next Post

Technical Hurdles Affect Atuabo Gas Commissioning Schedule

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Business News Stories

  • KFC In Good Standing With ECG - Management Assures Customers

  • CEO Of Quick Angels Richard Quaye Gifts 10 Entrepreneurs With Free Seed Capital On His Birthday

  • Vodafone Cash And Mobile Money Limited Partner To Enable Merchant Interoperability

  • MobileMoney Limited And Vodafone Ghana Partner To Enable Merchant Interoperability

  • Huawei’s FinTech 2.0 To Support Ghana’s Mobile Money, Deepen Financial Inclusion

  • Vodafone Cash Leads The Charge For Digital Financial Inclusion In Ghana

  • Ghana's Debt Forgiveness Request From China Unlikely To Succeed - Isaac Adongo

  • UMB Celebrates BOST Revival At Customer Recognition Event

  • Vehicle Components Manufacturers Explore Avenues In Ghana

  • BOST, beacon of corporate governance-Veep

 

 
 

Popular Videos

Akan News @ Midday On Peace 104.3 FM (18/3/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (20/03/2023)

Kokrokoo Live On Peace 104.3 FM (20/03/2023)

Akan News @ 6am On Peace 104.3 FM (19/3/2023)

AKOKO ABON ON HELLO101.5FM WITH SAMUEL JOACHIM BOKEEM(18/03/2023)

Peace Power Sports (20/03/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media