Officials of Zeepay, Ria and GTBank at the launch
ZEEPAY, a leading African financial technology (fintech) company, is seeking to reach more than 150 million mobile money wallets in 20 African countries as it partners global remittance giants to transfer monies directly to these mobile money wallets.
Speaking at the launch of Ria2Mobile in partnership with Ria Money Transfer and GT Bank in Accra, the Managing Director of Zeepay, Andrew Takyi-Appiah, said the hope of Zeepay is to become a household name when it comes to remitting directly to mobile money wallets, not only in Ghana but also across the continent.
The innovative Ria2Mobile service, which enables Ria customers worldwide to send money directly into beneficiaries’ mobile money wallets across operators in Ghana, is part of a bold initiative launched by GTBank and Ria in 2017 that enabled customers to receive remittances straight into their GTBank accounts.
Mr. Takyi-Appiah said, “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 150 million mobile money subscribers across 20 countries in Africa and become a household name in remittance termination on the continent.”
Already, the company has since its inception touched the lives of over 750,000 Ghanaians. It has targeted markets in countries such as Uganda, Cameroon, Guinea, Mozambique, Rwanda, Kenya, and Malawi as partners.
Mr. Takyi-Appiah said, “We are looking forward to ensuring that over 2 million Ghanaians would leverage this additional omni channel that GTBank and RIA have opened within the ecosystem in the coming months.”
GTBank’s General Manager and Divisional Head for General Internal Services, Iris Richter-Addo, said, “Ria2Mobile is a game-changing solution that offers beneficiaries the convenience and security of receiving remitted funds directly into their mobile money wallets anywhere in Ghana.”
Director of Operations for Africa at Ria, Robert Kotei, stated, “Ria customers across the world can now send money directly into about 13 million mobile money wallets in Ghana.”
In 2018, an estimated US$3 billion was remitted into Ghana, contributing more to the GDP of the country than most exported resources including gold and cocoa.