Audio By Carbonatix
The ravaging impact of the pandemic affected a vast number of small businesses that also struggled to keep up with their recurring monthly expenditure.
Whilst focusing on cutting the budget and operating efficiently, businesses became critical of every amount spent.
One remarkable initiative, which has seemingly brought relief to small businesses during this pandemic, is the zero charges on mobile money transfers from Vodafone Cash.
With this arrangement, businesses are able to transfer any amount of money from their Vodafone Cash accounts to any other mobile money account without charges.
In essence, businesses that use Vodafone Cash to pay wages and salaries, suppliers and other monthly transactions have been saving the transfer charges they would have incurred.
One could for instance, save as much as ¢100 if they needed to send ¢1,000 or more to 10 different mobile money accounts.
Reminiscing over what many have described as bold and purpose-first decisions, some SMEs have praised the Telco for the relief they say it has brought them.
According to them, through this “show of goodwill,” they are able to save the charges on money transfers to solve other pressing needs.
“Thanks to the free mobile money transfers on Vodafone Cash, my cost of doing business has reduced and this has enhanced my profit base. If I am able to save even a ¢100 per month as a result of the non-payment of charges on money transfers, that is a crumb of comfort, especially in these hard times,” said Dr Eunice Quansah, Chief Executive Officer (CEO) of Nkunim Seafood Enterprise in Cape Coast.
On his part, Kenneth Sackey, an event organizer based in Accra, is even more happy with the service.
“Unless I am required to produce physical cash, I do not need to go to the bank to deposit or send money to my partners and clients. I am able to do these anywhere and anytime especially knowing that I will not be charged.
"Moreover, I get to purge myself of all the risks associated with carrying huge sums of money to the bank to either deposit in my account or send to someone. Vodafone Cash offers me a viable alternative with its unfettered free transfer,” he said.
For Gifty Pino of Agee Ventures, her upbeat about Vodafone Cash is especially based on what she describes as trading made simple and special.
According to her, she now has the peace of mind to concentrate on the things that matter the most without caring at all about how much to pay for transferring money from her phone to her business partners or loved ones.
“I sell bags, shoes and dresses. Vodafone Cash has made trading specially for me. I mean, because of Vodafone Cash, I am not charged a pesewa for sending any amount of money to anyone, regardless of their network.
"The complete removal of charges on Vodafone Cash has given us traders peace of mind. Indeed, Vodafone Cash has really helped us,” she said.
Latest Stories
-
Christina Koch becomes first woman to travel around the moon on Artemis II
2 minutes -
Epstein survivors’ calls to meet King Charles and Queen harder to ignore as US visit approaches
8 minutes -
UN Secretary-General names Ghana’s Anita Kiki Gbeho as South Sudan envoy
10 minutes -
Mali withdraws recognition of Sahrawi Republic, backs Morocco’s autonomy plan
14 minutes -
Gov’t distributes over 8,500 laptops to One Million Coders project
15 minutes -
Julius Debrah, ‘man to beat’ as NDC’s James Agbey dismisses Musah Dankwah’s polls
21 minutes -
GPRTU in Savannah Region to protest alleged eviction in Damongo
50 minutes -
Re: Reinsurance does not replace process — A response to the SIGA–SIC defence
1 hour -
Gender Ministry supports Harriet Amuzu in ongoing abuse case
1 hour -
AG joins plaintiff to scrap OSP ?: We should be mindful of the mischief in this – Bobby Banson
1 hour -
Samson Lardy Anyenini questions willingness of Attorneys-General to prosecute political colleagues
1 hour -
It is only fair the OSP is heard in Supreme Court case – Bobby Banson
2 hours -
Asiedu Nketia resumes Ashanti tour, second leg kicks off on Sunday
2 hours -
NLA denies salary cut claims, threatens legal action over reports
2 hours -
BoG Governor honoured for stabilising cedi, improve inflation
2 hours