Business News of Wednesday, 17 September 2014

Source: www.ghanaweb.com

Bank of Africa launches B-Mobile Banking App

The Bank of Africa (BOA), one of the leading financial service providers in Ghana has launched a secured and easy-to-use mobile Banking App onto the Ghanaian market dubbed B-Mobile.

The new app affords customers of the bank the opportunity to undertake banking transactions and enjoy other services whilst skipping the long queues at the banking halls. Customers can simply download the app onto their mobile devices and begin using this service.

Among other services, B-Mobile users can access their bank accounts to check their bank balance and transaction history, top up mobile credit or airtime for themselves and for third parties, carry out intra and interbank transfers and pay their utility bills such as postpaid electricity bills and DSTV/GO TV bills.

However customers engaging in external transfers would have to ensure that the recipients of the transfers are on the eTransact switch.

The emergence of mobile banking services is a novelty that is gradually changing the traditional way of banking in Ghana. It is believed that the adoption of mobile banking solutions by financial service providers in the country will help in driving the country closer to a cashless society, an agenda vigorously being pushed by managers of the economy.

Though Ghana is yet to fully utilize the immense benefits that mobile banking offers, such efforts and innovations by banks like BOA will go a long way in entrenching mobile banking services in the country.

BOA Ghana is part of the BOA Group, a subsidiary of the 13th largest bank in Africa – BMCE, and has banking operations in 15 African countries.