Graphic Business News

GT Bank partners RIA, Zeepay to launch financial platform

By: Graphic Business
Management of GT Bank and RIA, launching the platform
Management of GT Bank and RIA, launching the platform

GT Bank has partnered with RIA money transfer and Zeepay to launch a financial platform that will enable Ria Money Transfer (Ria) customers worldwide to send money directly into beneficiaries’ mobile money wallets in Ghana.

Dubbed ‘Ria2Mobile’, the platform would also allow customers of GT Bank to receive remittances straight into their accounts.

Speaking at the launch in Accra, the General Manager and Divisional Head for General Internal Services, GTBank, Ms Iris Richter-Addo, said the platform would offer beneficiaries the convenience and security of receiving remitted funds directly into their mobile money wallets at any location in the country.

She said the introduction of the platform would serve as a major boost to Ghana’s financial inclusion agenda and support the collective drive to promote a cash-lite economy.

“GTBank is delighted to partner Ria and Zeepay to champion this service in line with our bold digital banking agenda to make world class banking services available to every Ghanaian,” she stated.

Convenient way for customers

For his part, the Director of Operations, Ria Africa, Mr Robert Kotei  said the Ria2Mobile provides Riacustomers across the world the opportunity to remit directly into about 13 million mobile money wallets in Ghana.

“This partnership offers Ria the opportunity to bring another quick and convenient way for our customers to receive funds, in line with our commitment to providing a superior channel experience to our cherished beneficiaries in Ghana”

He said the platform would ensure an increase in remittance to Ghana for this year which was estimated to be US$3 billion in 2018.

Reaching 150million wallets
The Managing Director of Zeepay, Mr Andre Takyi Mensah also speaking at the launch said Zeepay has been able to reach more than 150million mobile money wallets in 20 African countries as it partners RIA and GT Bank.

He said the aim of his company was to become a household name when it comes to remittance directly to mobile money wallets, not just in Ghana, but across the continent.

"We are grateful to GTBank and RIA for such a wonderful opportunity to do more through this initiative. Such opportunities are what have made it possible for Zeepay to reach over 150million mobile money subscribers across 20 countries in Africa and become a household name in remittance termination on the continent.”

“At Zeepay our objective is to improve financial access for the unbanked and banked in an effort to contribute to financial inclusion. To this regard, as a fintech in the mobile financial services sector, we make it possible for remittance companies to expand their distribution through digital technology to reach critical mass in seven seconds.

While in the process encouraging receivers to get mobile money wallets for easy access to their remittances,” he noted.

As partners, he assured RIA, GTbank and every Ghanaian that Zeepay, would continue to offer its 24-hour support to make this major milestone a great success.

"We are looking forward to ensuring that over 2 million Ghanaians would leverage this additional omnichannel GTBank and RIA have opened within the ecosystem in the coming months,” he said.