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eTranzact secures Enhanced PSP license from BoG for the processing of EMV GH-Link prepaid card

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From left to right Eric Quarcoo, GM, Admin & Public Sector; Sylvia Kwame, Head, Recons & Settlement; George Babafemi, Executive Director; Elinam Agbottah, Head, Risk & Compliance; Fred (1)
From left to right: Eric Quarcoo, GM, Admin & Public Sector; Sylvia Kwame, Head, Recons & Settlement; George Babafemi, Executive Director; Elinam Agbottah, Head, Risk & Compliance; Fred Honu, Head, Finance; and Kofi Pianim, GM, Financial Services all of eTranzact

eTranzact Ghana Limited, a leading electronic payment services provider, has secured an enhanced Payment Service Provider (PSP) license from the Bank of Ghana (BoG) in accordance with the Payment Systems and Services Act, 2019 (Act 987).

Established in the year 2006, eTranzact Ghana Limited has been at the forefront of the delivery of cutting-edge innovation in the electronic payment space. As a market leader providing bespoke electronic payment solutions, eTranzact continues to support banks and other financial services providers to deliver digital financial solutions to their clients.

The license, the highest within the PSP category, allows eTranzact to among other services process EMV GH-Link prepaid cards for banks, institutions, and the general public.

The license also allows eTranzact to undertake payment processing services such as mobile money transfer, mobile banking for financial institutions using applications, and USSD and EMV prepaid card routing and aggregation services. It also offers eTranzact the opportunity to undertake the termination of inbound international remittances to beneficiaries’ wallets through partnerships with foreign remittance companies, payment aggregation, merchant acquiring and aggregation, and payment gateway services.

The Executive Director of eTranzact Ghana, George Babafemi, stated that this license offers the company, as a processor of Gh-link EMV cards, the opportunity to partner banks who may want to issue Gh-link prepaid cards in either the physical or the virtual variant.

Hitherto, this service has been a preserve of foreign card processors but the issuance of the license will mean that banks can issue the Gh-link EMV cards at a cheaper cost for various use cases such as loyalty card, momo card, remittance card, ID card, etc, to deepen the agenda of the Bank of Ghana in making banks in Ghana issue local cards for local transactions.

“This license means eTranzact is a brand to be associated with within the payment industry without fear or doubt. It means that the investments made in infrastructure and the contributions made so far in the payment industry are not in vain,” he said while expressing his appreciation to the regulator for its diligent and forward-thinking approach to new technologies.

Mr. Babafemi added that the license also allows eTranzact the room for upward scalability, a deepening of its existing business portfolio and customer base.

He added that his outfit is also ready to innovate within the payment ecosystem to accommodate those who may have been excluded. “The enhanced PSP license means our business has a good foundation to leverage expansion, business, and regulatory-wise,” he said.

Kwame Pianim, Board Chairman of eTranzact used the opportunity to laud the Central Bank for bringing sanity to the payment ecosystem, as it has not only introduced relevant and timely policies, it has also made the issuance of licenses more transparent and more importantly, established a dedicated office for the sub-sector.

“An unregulated environment brings chaos, cheating, and galamsey-like businesses which can be a cancer in the entire system. It is therefore reassuring to see that the regulator has set up a dedicated office for the budding FinTech space,” he added.

On security that the enhanced license offers, the eTranzact MD expressed the belief that customers will have a greater sense of security in his firm’s operations, especially at a time when there has been a rise in the activities of cybercriminals.

“Anyone can claim to be secure but the proof that a platform is secure is largely in its license and who licenses it. BoG’s licensing process is thorough as it scrutinizes the security of the platform, the environment as well as the background of the key employees. With these, companies, both local and in the diaspora, can feel comfortable to work with eTranzact,” he added. This, he added, will be crucial in his firm’s expansionary drive into other markets.

eTranzact has been operating in Ghana for more than 15 years. Having gathered industry experience over these years in addition to being licensed, the banking fraternity now can relax in doing what they know how to do best, that is, banking, while we offer them a truly first-class and secured electronic payment platform to carry out their innovative digitization agenda at an unbelievably low cost

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People & Lifestyle

How Spinner Rings Can Help You De-Stress

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If you’re looking for a way to de-stress, spinner rings may be the answer. These simple jewelry pieces can help you focus on the present moment, relieve anxiety and stress, and improve your mood. Here’s what you need to know about spinner rings and how they can help you de-stress.

Spinner Rings: What Are They and How They Work

Spinner rings are a type of ring that features a spinning band. The band is usually made of two pieces attached at the top and bottom, allowing them to rotate around the ring.

This unique design not only adds an element of fun and movement to the ring but also has some practical benefits. For example, spinner rings can help to relieve stress and anxiety, as the spinning motion can be calming and therapeutic.

They can also be helpful for people with fidgety hands, as the motion can provide a distraction from nervous fidgeting. In addition, a spinner ring is simply fun to wear – it adds a bit of whimsy and playfulness to any outfit.

Benefits of Using Spinner Rings

Spinner rings are becoming increasingly popular to reduce stress and anxiety. These rings have a spinning band that can be rotated around the outer ring. The motion is said to help calm the mind and ease tension.

Spinner rings are also believed to help with focus and concentration. In addition, spinning the ring is said to provide a calming sensation for the wearer. Spinner rings are made from various materials, including metals, glass, and stone.

They come in various colors and designs, making them a fashionable way to reduce stress. Here are four ways spinner rings can help you de-stress:

Spinner rings help you focus on the present moment

Spinner rings are becoming increasingly popular to focus on the present moment and reduce stress and anxiety. The principle behind spinner rings is simple: spinning the ring helps to center your thoughts and focus your attention on the present moment.

This can be helpful in many different situations, from dealing with a stressful work situation to recovering from a traumatic event. Spinner rings are also becoming increasingly popular to stay calm and focused during meditation.

Spinning the ring helps to ground you in the present moment and prevent your mind from wandering.

Spinner rings help you relieve anxiety and stress

Spinner rings are becoming increasingly popular as people seek new ways to relieve anxiety and stress. These rings, also known as worry rings or fidget rings, can be worn on any finger and provide a discreet way to keep your hands busy.

Spinning the ring is said to help calm and focus the mind, while the weight of the call can also help reduce anxiety-related fidgeting.

Spinner rings to improve your mood and make you happier

Spinner rings are simple yet stylish pieces of jewelry that can have a significant impact on your mood. Unlike other types of rings, spinner rings feature a central band that can be rotated.

This spinning motion is not only therapeutic and calming but can also help boost your mood and make you feel happier. In addition to the mental health benefits, spinner rings are also said to promote physical health by helping relieve stress and muscle tension.

Spinner rings promote relaxation and peace of mind

It can be hard to find time to relax in a fast-paced world. Spinner rings are a simple way to promote peace of mind and relaxation.

Spinner rings have a large center stone that is surrounded by smaller rocks. Each spinner ring has two bands that are connected by a hinge.

Users can rotate the large center stone with their fingers, allowing the smaller rocks to spin around it. Doing this promotes relaxation and peace of mind by providing a visual and tactile focus for the user.

 

How To Use A Spinner Ring

Spinner rings are a fun and unique way to express your style. They are also a great conversation starter and can be a great way to relieve stress. Here are some tips on how to use spinner rings

Spinner rings are best worn on the middle or index finger. Hold the ring by the center gemstone to put on a spinner ring and gently twist the outer band. The spinner ring should fit snugly on your finger but should be able to spin freely.

When wearing a spinner ring, you can choose to spin the outer band with your thumb or another finger. Some people find it soothing to rotate the ring while thinking or working on a problem. Spinning the ring can also help to relieve stress and anxiety.

If you want to show off your spinner rings, you can wear them on both hands. You can also stack them on one finger for a more dramatic look. Mix and match different colors and styles to create your unique look.

How Spinner Rings Can Help You De-Stress

How Spinner Rings Can Help You De-Stress

In conclusion

Spinner rings are a simple yet effective way to de-stress. Whether you’re dealing with a difficult situation at work or struggling to recover from a traumatic event, spinner rings can help you focus on the present moment and find peace of mind. With a wide range of styles available, a spinner ring is sure to be perfect for you.

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Everything can last forever: Why you need to back up all your data on the mobile cloud

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Mobile Cloud Storage 2

You save everything on your mobile phone but what if you were to lose it? Would you still have access to your contacts, images, videos and all other important data? Why not save all your data on the HUAWEI Mobile Cloud – a data storage location that securely keeps and backs up all your sentimental and essential data, including your and contacts, recording and photos.

One of the great features of the HUAWEI Mobile Cloud is that it provides you with common data services, such as simultaneous updates on multiple devices, automatic data backup, space expansion, and space management.

Read Also: Best New Mobile Devices to Play Video Games

Keep your contacts forever

While doing a sim swap is great, it is difficult to remember to save your contacts on your sim card, and not on your phone. With the HUAWEI Mobile Cloud, you can manage all your contacts, this includes adding, editing and deleting all contact information.

No matter how many phones you may lose, or get stolen, you can ensure that you are always in touch with your loved ones, colleagues, Doctors, personal trainer or your therapist. Fortunately for you, all the changes made to your contact lists will be automatically synchronized to your Huawei devices with data synchronization enabled.

When using a new device, you can instantly restore your data from cloud backup, making your data restore process easier and your data storage more secure.

Mobile Cloud Storage 1

Continuous access to recordings

If you are a recording artist who wants to keep sample music, a journalist who interviews people, or a church goer who loves to record sermons, then you will be happy to know that the HUAWEI Mobile Cloud will keep your recording safe and maintain its quality.

As a journalist, for example, it’s great to be able to refer to something that was said in an interview, so you can report with truth and clarity. You can view and play your uploaded recordings on the ‘Recorder’ page of your HUAWEI Mobile Cloud.

For those who don’t always save on the cloud, you can enable cloud backup and your device will automatically save all data, every 7 days, through a Wi-Fi connection.

Read Also: Why African mobile networks must invest in 4G

Reminisce on all your memories

Remembering all your milestones, including your child’s birthday and graduations, weddings and first-time adventures has never been easier. With HUAWEI Mobile Cloud, you can upload, edit and download all your photos and videos.

If by mistake, you happen to delete some of your special photos, this can easily be solved. You can restore recently deleted photos and videos. If you don’t want the photos at all, you can also permanently delete them.

Keeping a lifetime of contacts, recording and photos can seem like a lot, but worry not. The HUAWEI Mobile Cloud has intelligent local data classification, to make your storage management clear and simple to navigate. You can also upgrade your cloud storage to up to 2048 GB.

Don’t lose the opportunity to save your data. You too can get the best of the HUAWEI Mobile Cloud, by setting it up on one of your Huawei devices today.

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Kafui Prebbie Foundation launches KAP Educational Fund, signs 500 kids onto the NHIS

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Global development expert and social entrepreneur, Kafui Prebbie has launched an educational fund through his Kafui Prebbie Foundation. (more…)

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How Not To Be Afraid To Place A Bet And Overcome Greed

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Bet

As we have already found out, discipline is one of the most important components in the field of betting. With what attitude the player approaches this activity, this will be the result, nothing else.  (more…)

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Mental health and your love life

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Mental health and your love life

Mental health is the topic on everyone’s lips these days. With issues like Anxiety on the rise, it’s no wonder. We hear about the symptoms every day, but rarely do people talk about how it can affect your love life. It’s a conversation that needs to happen- and now.

All problems that can be caused by Anxiety. All problems that can affect you forever if you ignore them. It’s daunting to think about, and easy to feel as though you’re facing the impossible. Thankfully, nothing could be further from the truth. Armed with some handy tips and a lot of stamina, you’ll be on your way to banishing Anxiety in no time. You never know, you could have more fun than you expected.

Remove the Pressure

All our lives, we are taught that making love is a Big Deal.

For some people, it is- and that’s okay- as long as it doesn’t get in the way of your bedroom antics. For others, these harmful expectations only build on existing anxieties. Do you need to get it up every time? Do you need to make it last longer than an hour? Do you need to have sex twice a day, every day? All questions people ask themselves.

And the answer is always no.

This pressure is the last thing you need, and it can have lifelong effects if you let it get to you. Learn to laugh it off instead, remind yourself that times are changing, and ignore what society is telling you. Mostly, remember that taking sex lightly doesn’t mean it’s not important. You can easily value intimacy and love while still being able to enjoy sex. People do it every day, so why should you miss out? This is where websites like Skissr can come in, it gives men the chance to deal with their bedroom issues without having to feel judged or shamed.

Read Also: Kenyan mental health advocate Sitawa Wafula named BET International Global Good Honoree

Work On Your Confidence

Anxiety manifests in various ways. With sex, a lot of these worries stem from low confidence. Whether it be body confidence issues, lack of faith in your sexual abilities, or being too afraid to ask for what you want during sex, there is no denying that confidence is your key to a better sex life. Without it, you won’t feel satisfied, and it might put you off having it altogether.

That’s something nobody wants, but there is one silver lining to all this. Today, there are more resources than ever out there to help people build their confidence back up. Even the smallest of tips can revolutionise your love life and your sex life, and you can start following them as soon as now.

Living a healthier lifestyle, giving yourself daily reminders, and practicing your technique are all ways you can make the change. It won’t happen overnight, but following these tips is sure to help your confidence grow in the long run.

Get to Know Yourself

A huge part of sexual anxiety is not knowing what it is that gets you off. Or, knowing exactly what does, but feeling (wrongly) embarrassed about it.

People should never be ashamed of their kinks. Luckily, we are living in an age where masturbation, fetishes, and fantasies are no longer taboo. Instead, they’re encouraged. There is no better time to shed your embarrassment. So, when you have some time alone, explore your body, find out what you like, and embrace what turns you on.

Even so, it is one thing to be comfortable with yourself, and another to be comfortable with someone else. This is why many people prefer a different approach, an escort service. Opting to have a non-judgemental, helping hand teaching you about what makes you tick could be more useful in the long term- and more fun. Choosing the right service provider makes all the difference, making escort services like

Learn How to Relax

People deal with stress and anxiety every day. Work commitments, family problems, and money troubles can all leave you lying awake at night. The result is tension, and lots of it. This can make you snappy, frustrated, and unable to enjoy sex. Your brain and body are one in the same, and it’s true that a lot of obstacles with sex are to do with what’s going on in your head.

There is one glaringly simple answer to this, which is learning how to relax. Relaxation results in nothing less than mind-blowing sex, which can make you feel even more relaxed- trapping you in a non-stop cycle of ecstasy.

It is no secret that hiring an escort can help you relax during sex, but escorts aren’t the only way. It could be as simple as meditating for a few minutes every day to diffuse daily anxieties, but having regular massages and trying tantric yoga are both popular ideas making their way into the mainstream.

Talk it Out

The first rule when it comes to mental health is to find someone to talk to. Keeping everything bottled up inside can have a huge impact on your wellbeing, and an even bigger one on your sex life.  Unfortunately, talking about anxiety- especially sexual anxiety- is much easier said than done. This could be because you fear admitting the problem, or because you’re worried it might dampen the mood even further.

One thing’s for sure: the opposite is true.

In fact, talking to a partner or therapist can actually relieve worry. Sometimes, reassurance about your worries may be all you need to jump back into the bedroom and improve your sex life. Other times, it could be that you need to work through some deeper issues relating to companionship. Somewhere along the line, you’re bound to find some real solutions that you can put into practice. Either way, you can be sure that you’ll soon be swapping therapy talk for dirty talk.

 

 

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Archyn Brew-Butler shares journey behind his black-owned label reshaping luxury bags

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Archyn Brew-Butler shares journey behind his black-owned label reshaping luxury bags

Archyn Brew-Butler is a Ghanaian using his ORIJIN CULTURE label to create signature pieces that help people of African descent to carry the culture, and the continent everywhere they go! (more…)

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