Republic Bank (Ghana) Limited, a subsidiary of Republic Financial Holding Limited has unveiled its partnership with Vodafone Ghana.
Republic Bank is now a partnering bank to the Vodacash services offered by Vodafone.
As a partnering Bank, Republic Bank can now hold on to funds generated from Vodacash transactions as deposits. The deal also gives the bank the opportunity to offer other products and services through the Vodacash platform.
Speaking at the launch of the Vodafone cash services held at the Bank’s Head Office last week Friday, the Managing Director of Republic Bank, Anthony Jordan said the Bank recognises the convenience of Vodafone Cash as an alternative means for the safe and secure transfer of money, hence the partnership with Vodafone.
"We at Republic Bank believe that taking our services closer to our customers goes beyond opening physical branches. It extends to providing a seamless means by which our customers can send and receive money in a safe and secure manner. As a result, we are very excited about the launch of our Vodafone Cash service today,” he said.
The Managing Director added that in addition to funds transfer and bills payment, the Bank seeks to extend its Savings and loans products on the Vodacash platform.
Republic Bank has nine branches in the cocoa growing areas of the Western part of the country. According to the Managing Director, the Bank will utilize the Vodacash system to support the cocoa farmers.
Present at the meeting were representatives of Vodafone Ghana led by Carl Ashie, the Mobile Financial Service Manager, Members of the Republic Board, and other Executive staff.
Mr Ashie was impressed with the progress made by Republic Bank in the past two years. Mr Ashie took the opportunity to reiterate the importance of Mobile Money in the financial inclusion of the informal sector of our country.
Latest Stories
-
‘What are the real causes of the erratic power outages?’ GUTA demands from ECG
4 mins -
Implementing ESG framework in Ghana’s energy sector for sustainability
38 mins -
CAFCC: Dreams FC exit competition after 3-0 defeat in Kumasi
38 mins -
The detrimental effects of political interference on Ghana’s electricity sustainability
42 mins -
Prof. Opoku-Agyemang’s appointment as running mate intimidates the NPP – Benjamin Quashie
48 mins -
Black Stars physical trainer dead
49 mins -
Bawumia to kick off nationwide campaign for Election 2024 tomorrow
51 mins -
GUTA charges ECG to provide ‘dumsor’ timetable for businesses to plan
52 mins -
Reason for training professional counsellors is to heal a hurting world – CCP president
3 hours -
Woman allegedly brings dead man to bank to take out a loan
3 hours -
It’s a good feeling to score against PSG because I’m a Marseille boy – Andre Ayew
4 hours -
Joe Lartey Sr: A voice that brought life to Ghana sports and beyond
4 hours -
Bawumia promises to tackle issue most dear to Ghanaians as he begins nationwide campaign
5 hours -
Indian couple donate $24m fortune to charity to adopt monkhood
6 hours -
Australians call for tougher laws on violence against women after killings
6 hours