
Audio By Carbonatix
Tertiary institutions in the country account for 34 percent of the volume of transactions on e-zwich Automated Teller Machines. That is according to new statistics released by the Ghana Interbank Payment and Settlement System (GhIPSS).The figures also show the campuses account for 25% of the value of transactions on the ATMs across the country.The e-zwich ATMs are currently installed on four campuses; the University of Ghana, the Institute of Professional Studies (IPS), the University of Cape Coast and the Kwame Nkrumah University of Science and Technology (KNUST).Over the past month, the KNUST recorded the highest level of activity with close to 1, 200 transactions whilst IPS recorded the highest value of close to 26,000 Ghana cedis.The e-zwich ATMs are used largely to load funds on the electronic payment cards and to receive money transferred to them.Officials of GhIPSS are impressed with the level of activity on the campuses.General Manager in charge of Project and Business Development, Archie Hesse says other tertiary campuses will soon have the ATMs to benefit from the biometric smart card.He commended the banks for their role in the deployment of the e-zwich ATMs, stating that “GhIPSS is aware of the fact that the use of the electronic card implies a fundamental change and it is therefore adopting the best strategy with sufficient patience to ensure high patronage of the payment system”.Story by Kofi Adu Domfeh
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Tourism Minister advocates expansion of Vodza Regatta in Volta region to boost coastal tourism
9 minutes -
Gradual recovery signals shift in fortunes of Tema Oil Refinery
12 minutes -
Greece to ban social media for under-15s from next year
12 minutes -
Volta Chiefs condemn EOCO over alleged disregard for Court ruling in Kwamigah-Atokple case
13 minutes -
We need collective action to advance sustainability in Ghana and Africa – Deloitte Tax Partner
18 minutes -
Imperial College promotes science communication and Africa–UK innovation links
18 minutes -
Imperial College President calls for global science partnerships with Africa
29 minutes -
NPP leaders converge at party headquarters ahead of NEC meeting on polling station elections
39 minutes -
Fuel prices may rise in Ghana despite global drops – Duncan Amoah
42 minutes -
‘No one is above the law’- Volta Chiefs condemn EOCO over handling of Council of State member’s case
43 minutes -
AMA creates alternative pedestrian routes at Kaneshie after footbridge closure
47 minutes -
Ghanaians were misled- NPP accuses NDC of politicising Anti-LGBTQ bill
47 minutes -
iWatch Africa’s Philip Kwasi Banini to Speak at the 13th Digital Rights & Inclusion Forum in Abidjan
50 minutes -
Photos: Mahama receives full state welcome in Paris ahead of talks with French President Macron
1 hour -
Deputy Health Minister endorses Women in Medicine Fellowship
1 hour