{"id":675894,"date":"2019-08-08T13:47:25","date_gmt":"2019-08-08T13:47:25","guid":{"rendered":"
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The Vice President, Dr Mahamudu Bawumia has launched what has been described as the world\u2019s first dual-purpose EMV and financial inclusion payment card in Accra.<\/span><\/p>\n

Known as the Gh Dual Card, t"},"modified":"2019-08-08T13:47:25","modified_gmt":"2019-08-08T13:47:25","slug":"bawumia-launches-gh-dual-card","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/08\/08\/bawumia-launches-gh-dual-card\/","title":{"rendered":"Bawumia launches ‘Gh Dual card’"},"content":{"rendered":"

<\/p>\n

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The Vice President, Dr Mahamudu Bawumia has launched what has been described as the world\u2019s first dual-purpose EMV and financial inclusion payment card in Accra.<\/span><\/p>\n

Known as the Gh Dual Card, the new product, being rolled out by the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS), is a two-in-one payment card that has both e-zwich and gh-link applications. <\/span><\/p>\n

It can, therefore, be used either as e-zwich, gh-link or both as desired on payment platforms.<\/span><\/p>\n

According to officials of GhIPPS, the card has been designed to give cardholders access to both funds on their e-zwich cards and in their bank accounts at the same time and seeks to eliminate the inconvenience that comes with carrying multiple cards.<\/span><\/p>\n

The card can be used by cardholders for any point of sale purchase across merchant locations; ATM cash withdrawals; ATM PIN change; and Balance Enquiry. <\/span><\/p>\n

Thus, any customer who has an e-zwich card and also owns a bank account can opt for a Gh dual card instead of two separate cards.<\/span><\/p>\n

Speaking at the launch ceremony, Vice President Bawumia celebrated the strides Ghana continues to make in the quest for greater financial inclusion, in order to ensure holistic national development.<\/span><\/p>\n

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\u201cWe have in the past two years seen a convergence towards electronic based services as a country and it is a deliberate policy by His Excellency President Nana Addo Dankwa Akufo-Addo, to use technology to drive efficiency as we grow the economy and move Ghana beyond aid. Many a time we tend to look at what other countries are doing without recognizing the great strides we are making. T<\/span>oday, thanks to the hard work of GhIPSS and partner institutions such as the banks, Telcos and Fintechs, financial inclusion and intermediation has improved significantly. Ghanaians can now move funds seamlessly across the various payment platforms: mobile wallets, e-zwich wallets and bank accounts.<\/span><\/p>\n

\u201cThis dual card is part of the payment system architecture that we are putting in place. What we are launching today, which is the dual e-zwich card and gh-link card, is a world first; its not happened anywhere in the world. It is the first time that any country in the world is issuing this combined EMV card and a financial inclusion card. It is remarkable, and will further promote financial inclusion in Ghana.<\/span>In the payment systems space, and I\u2019m not shy about saying this, it is clear that Ghana is now the undisputed leader in Africa.\u201d<\/span><\/p>\n<\/blockquote>\n

The NPP administration has introduced a number of digital initiatives since it came to power.<\/p>\n

The Ports, Lands Commission, Ministry of Tourism and the Passport Office are a few state agencies that have migrated to digital platforms to enhance efficiency.<\/p>\n

Recently the Vice President indicated that government will soon digitize the distribution of premix fuel but Member of Parliament for the Odododiodio constituency, Nii Lante Vanderpuye said the initiative is needless.<\/p>\n

Mr. Vanderpuye said the move will not necessarily tackle diversion of premix fuel and other corrupt activities associated with its distribution.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Vice President, Dr Mahamudu Bawumia has launched what has been described as the world\u2019s first dual-purpose EMV and financial inclusion payment card in Accra. Known as the Gh Dual Card, the new product, being rolled out by the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS), is a two-in-one payment card that has both […]<\/p>\n","protected":false},"author":1,"featured_media":675895,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-675894","post","type-post","status-publish","format-standard","has-post-thumbnail","category-lifestyle"],"yoast_head":"\nBawumia launches 'Gh Dual card' - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/08\/08\/bawumia-launches-gh-dual-card\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Bawumia launches 'Gh Dual card' - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"The Vice President, Dr Mahamudu Bawumia has launched what has been described as the world\u2019s first dual-purpose EMV and financial inclusion payment card in Accra. 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