ZEEPAY, a fast-growing FinTech and mobile money company, has opened its flagship branch at Kasoa in the Central Region to primary facilitate remittance transaction within that community.
The company said in a statement that Kasoa is currently one of the fastest growing cities in Accra and West Africa, adding that due to the high number of returnees, and the high rate of remittance receivers living there, Kasoa is presently considered as a “remittance epi center, thus, justifying Zeepay’s decision to set up its first branch at Kasoa”.
Zeepay Mobile Money is the fastest growing Remittance to Mobile Money wallet provider in Ghana. Initially started out as a FinTech 6 years ago. Until it was recently licensed by Bank of Ghana to operate as a Mobile Money.
Managing Director Zeepay, Andrew Takyi-Appiah, said “Over the last 2 years we have seen over 200,000 remittance transactions go into the Kasoa municipality and it environs annually, adding that, “this is one of the major influencing factors that drove us to set up in the area.”
He said the strategy of Zeepay Mobile Money remains the same as their founding principles – which is to help reduce the cost of remittance both on the send and receive side.
“We believe we have achieved this today by making it possible to pay international money transfer directly into Zeepay Mobile Money,” he added.
Chief Commercial Officer ZEEPAY, Dede Quarshie, speaking about the service, said, “With the introduction of our Zeepay Mobile Money service, we are able to reduce cost of remittance at the last mile by 20 percent.
She said Zeepay is delighted that its receivers and subscribers can benefit from the savings especially in this period of the COVID-19 pandemic., adding “our services include airtime for all networks in both Ghana and abroad, 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.
Dede Quansah said Zeepay looks forward to opening up additional concept stores nationwide over the next 6 months.
Mobile Money Product Manager, Felicity xxx mentioned “Our Zeepay Mobile Money is designed such that we leverage existing distribution in the market, which gives us access to over 150,000 agent network nationwide.”
She said their services are also interoperable and available for use by all, adding that customers do not need a SIM card, rather an active phone number and dial *270# for registration and use of the service.
“Our service is truly ubiquitous and since opening our doors in July, we currently have about 101,000 subscribers and processed over GHS500million in volumes already. We anticipate to close the year with about 500,000 subscribers and thanks to all for believing in the FREEDOM we bring to market,” she said.
Zeepay is the fastest growing FINTECH into Mobile Financial Services across Africa with Operations in Ghana and United Kingdom and terminating to 20 countries across Africa and with termination agreements in over 90 jurisdictions globally. We specialize in Remittance termination into mobile wallets and completely network and partner agnostic. We are wholly owned Ghanaian company and regulated in the UK by Financial Conduct Authority-FCA # 592538 and in Ghana by Bank of Ghana- PSD/ZGL/20/03 under the Payment Systems and Services Act, 2019 (Act 987). Zeepay supports Sustainable Development Goals (SDG) 3 and is considered a Financial Inclusion Company positioned to improve last mile access. Visit myzeepay.com for more information.