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“The thing about IT is its ability to expand the tax net, help service providers to cut down cost of doing business and most importantly create more jobs. And this is why everything possible must be done to aid their coming into fruition”, said Mr Boateng.
He said the PAYZONE payment platform for instance is providing a very crucial interface needed to create a cashless society. The next phase he said is training and education, considering the level of literacy.
The PayZone platform currently hosts all the telecommunication networks in Ghana, facilitates the purchase of direct airtime top-ups on its Self – Service payment kiosk and are currently deployed at various locations in the Greater Accra Region.
The company is currently holding discussions to enrol Electricity Bill Payment (Post & Pre-paid), Ghana Water Bill Payment, hosting of Internet Service Providers Payment, Lotteries, Mobile Banking, Mobile Payments, Tax payment, Banking & Finance, Micro Finance & Insurance, Airline and Event Ticketing, among others.
The platform is capable of hosting 1,600 services concurrently.
It currently has a growing patronage of about 80,000 to 100,000 per month and in the next 5 years,
Innovative EPS hopes to expand to other African countries.
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