IT Consortium, Axis Pensions launches RemitPlus ghanavisions.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanavisions.com Daily Mail and Mail on Sunday newspapers.
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IT Consortium, a FinTech company in Ghana, has launched RemitPlus, a product designed to give Ghanaians access to value added financial services such as pensions contributions whenever they receive international remittances.
A press release issued by the company stated other value offerings that come with RemitPlus to include an embedded life cover of GH¢5,000 for contributors and access to loan facilities from partner financial institutions using pension contributions as collateral.
Speaking at the launch, the Managing Director of IT Consortium, Mr Romeo Bugyei, expressed delight about the potential RemitPlus offered to financially excluded citizens, particularly women.
Prime Minister Imran Khan launched Pakistan’s first instant payment system – Raast – to enable end-to-end digital payments among individuals, businesses,
MONEY MARKET
The Central Bank of Nigeria (CBN) yesterday announced the revocation of the operating licenses of seven dormant payment service providers (PSPs).
The PSPs are Easifuel Limited, Transaction Processing System (TPS), Grand Towers Limited, Paymaster Limited, and E-Revenue Gateway Limited. The others are Eartholeum Network Limited, Globasure Limited and 3Line Card Management Limited.
The seven PSPs according to the CBN have ceased to carry on, in Nigeria, the type of business for which their licenses were issued for a continuous period of six months. The apex bank disclosed this in an official gazette titled, Revocation of operating licenses of some Payment Service Providers (PSPs).