Mr. Andrew Takyi-Appiah (far right) and other officials of Zeepay at the launch
ZEEPAY, a fast-growing fintech and an electronic money issuer (mobile money company), on Monday opened its flagship branch at Kasoa in the Central Region.
Andrew Takyi-Appiah, Managing Director of Zeepay, commenting on the development, said, “Over the last 2 years, we have seen over 200,000 remittance transactions going into the Kasoa Municipality and its environs annually. This decision is a major influencing factor 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 sender and receiver 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 at Zeepay, mentioned that “with the introduction of Zeepay Mobile Money service, we are able to reduce cost of remittance by 20 per cent. We are delighted that our receivers and subscribers can benefit from the savings, especially in this period of the pandemic. Our services include airtime for all networks in both Ghana and abroad; and 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 six months.”
Felicity Jaforktuk, Mobile Money Product Manager at Zeepay, also stated, “Our Zeepay mobile money is designed such that we leverage existing distribution in the market, which gives us access to over 150,000 agents’ network nationwide. Our services are also interoperable and available for use by all. You do not need a SIM card. All one needs is an active phone number and dial *270# to register and use the service. Our service is truly ubiquitous; and since the opening of our doors in July, we currently have about 101,000 subscribers and processed over GH¢500 million in volumes already. We anticipate closing the year with about 500,000 subscribers.”
Kwame Achampong-Kyei is the Board Chair of Zeepay.