Audio By Carbonatix
Standard Chartered Bank has introduced the Visa Infinite Credit Card into the banking industry as a way of helping to improve Ghana’s quest to reduce the amount of physical cash flow in the country.
The introduction of this new card by the bank seeks to change the culture of transacting business in Ghana and improve upon the move to a cash-lite society.
The quest by the government to have a cash-lite society has been receiving a boost from the financial sector through the introduction of electronic forms of transactions.
The Infinite Card, first in its kind to be introduced into the country comes with complimentary travel insurance of up to 2.5 million dollars, worldwide emergency services and among others.
In an interview with Joy Business after the launch in Accra, the Head of Retail Banking for Stanchart West Africa, Henry Baye, assured that the bank have deployed all the necessary measures to ensure safety of customers transaction.
He said, “We are focused on bringing the latest cutting edge digital capabilities to the market. The launch of the Infinite Card marks another milestone in the bank’s 120 years history.”
Besides the Infinite Visa card, the bank also launched the Visa Platinum credit card. This new entry is in line with the bank’s aim at making banking easier and convenient in the country.
Latest Stories
-
Matthew McConaughey trademarks iconic phrase to stop AI misuse
1 hour -
Song banned from Swedish charts for being AI creation
1 hour -
Barcelona reach Copa del Rey quarter-finals
1 hour -
Players need social skills for World Cup – Tuchel
2 hours -
Labubu toy manufacturer exploited workers, labour group claims
2 hours -
Lawerh Foundation, AyaPrep to introduce Dangme-language maths module
2 hours -
US forces seize a sixth Venezuela-linked oil tanker in Caribbean Sea
2 hours -
Votes being counted in Uganda election as opposition alleges rigging
2 hours -
Ntim Fordjour accuses government of deliberate LGBT push in schools
2 hours -
National security task force storms ‘trotro’ terminals to halt illegal fare hikes
2 hours -
U.S. visa restriction development for Ghana concerning – Samuel Jinapor
2 hours -
Uganda election chief says he has had threats over results declaration
3 hours -
Quality control lapses allowed LGBT content into teachers’ manual – IFEST
3 hours -
Akufo-Addo’s name will be “written in gold” in Ghana’s history in the fullness of time – Jinapor
3 hours -
Tread cautiously about financial hedging – US-based Associate Professor to BoG
3 hours
