The global benefits of online transfers in Ghana

News published on Nov 15, 2022 @ 12:47 pm

A combination of rapidly evolving technology and the restrictions imposed by the COVID -19 pandemic has resulted in nothing short of a revolution in the online money transfer sector.

Globally, there have been drastic shifts in how people pay for goods and services, with electronic payments increasingly displacing traditional cash and more recently, cryptocurrency and digital currencies emerging in the market. In Ghana, financial technology and mobile money markets have grown significantly, with mobile money becoming the main drivers of the country’s financial services since its commencement in 20091.

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