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ZEEPAY, a fast-growing FINTECH and a Challenger Electronic Money issuer (Mobile Money Company), has announced the opening of its flagship branch in Kasoa.
Kasoa is currently one of the fastest-growing cities in Accra and West Africa. The area, due to the high number of returnees living in it, and the high rate of remittance receivers located there is presently considered as a remittance epicenter.
Thus, justifying Zeepay’s decision to set up its first branch in the Kasoa locality.
Zeepay Mobile Money is the fastest-growing Remittance to Mobile Money wallet provider in Ghana. Initially started out as a FINTECH 6 years ago until it was recently licensed by Bank of Ghana to operate as a Mobile Money.
Mr. Andrew Takyi-Appiah, Managing Director Zeepay said “Over the last 2years we have seen over 200,000 remittance transactions go into the Kasoa municipality and its environs annually. This decision is one of the major influencing factors that drove us to set up in the area.
At Zeepay Mobile Money, our strategy remains the same as our founding principles- which is to help reduce the cost of remittance both on the send and receive side. We believe we have achieved this today by making it possible to pay international money transfer directly into Zeepay Mobile Money.”
Dede Quarshie, Chief Commercial Officer ZEEPAY, speaking about the service said, “With the introduction of our Zeepay Mobile Money service, we are able to reduce cost of remittance at the last mile by 20 percent. We are delighted that our receivers and subscribers can benefit from the savings especially in this period of pandemic. Our services include Airtime for all networks in both Ghana and abroad, ability to fund your Zeepay Mobile Money using your VISA Card, or from all Networks and regular Cash In and Out at Agents points including Banking Halls and ATMs. We look forward to opening up additional Concept Stores nationwide over the next 6 months.”
Felicity L. Jaforktuk, Mobile Money Product Manager mentioned “Our Zeepay Mobile Money is designed such that we leverage existing distribution in the market, which gives us access to over 150,000 Agent network nationwide. Our services are also interoperable and available for use by all. You don’t need a SIM card, rather, all you need is an active phone number and dial *270# to Register and use the service. Our service is truly ubiquitous and since opening our doors in July, we currently have about 101,000 subscribers and processed over GHS500million in volumes already. We anticipate closing the year with about 500,000 subscribers and thanks to all for believing in the FREEDOM we bring to market.”
Zeepay is the fastest-growing FINTECH into Mobile Financial Services across Africa with Operations in Ghana and the United Kingdom and terminating to 20 countries across Africa and with termination agreements in over 90 jurisdictions globally.
We specialize in Remittance termination into mobile wallets and completely network and partner agnostic.
We are a wholly-owned Ghanaian company, regulated in the UK by Financial Conduct Authority-FCA # 592538 and in Ghana by The Bank of Ghana- PSD/ZGL/20/03 under the Payment Systems and Services Act, 2019 (Act 987). Zeepay supports Sustainable Development Goals (SDG) 3 and is considered a Financial Inclusion Company positioned to improve last mile access. Visit myzeepay.com for more information.
Source: Zeepay JV UK