The Vice President of the Republic, Dr Mahamudu Bawumia, has launched what has been described as the world’s 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 the e-zwich and gh-link applications. It can therefore be used either as e-zwich, gh-link or both as desired on payment platforms.
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.
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. 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.
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