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Educate Ghanaians so they can understand the electronic payment systems-Expert

Written by  May 17, 2018
International banker, Emmanuel Amoah Darkwah has admonished government to conduct a rigorous education campaign to help citizens appreciate and understand the electronic system of payment being introduced in recent times. In an interview with Rainbow Radio’s Kwame Tutu, the economist said although the electronic system being introduced is good, citizens lack better understanding hence the need to educate them to ensure the successful implementation of the various electronic payment systems. Mr. Darkwah said because majority of citizens lack understanding on economics of money, it becomes difficult for them to make use of the electronic processes. Speaking on the mobile money interoperability, he described the system as good since it forms part of efforts to make Ghana a cashless system but I will underscore the need for government to educate citizens to understand the systems. ‘’Ghanaians must understand and accept these systems. If they lack understanding they will not accept these systems, it will yield no positive impact. It is s step in the right direction but let us increase the education,’’ he added. Vice President Dr. Mahamudu Bawumia has justified the reason why the governing NPP to review the controversial 4.6 billion cedis Sibton Switch System deal downwards, describing it as the right decision. Speaking at the launch of the Pay Systems Company Limited in Accra today [Wednesday], Dr. Bawumia said the country is getting more at less cost under the reviewed deal. “One company bid GHC 14 million and another company, for the same scope of work, bid 5 million Ghana cedis A third company, for the same scope of work, bid 4.6 billion Ghana cedis and guess who won? 4.6 billion cedis won that bid. “What are we trying to provide? And we have been able to do it for 4.5 million dollars and we have become the leading country in interoperability.”
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