- Deputy governor of the Bank of Ghana says passengers will soon pay their fares electronically
- This move is to make payment of fares easier in the trotro
Passengers of commercial public transport will soon be paying their fares not in cash but through electronic means. This is according to the deputy governor of the Bank of Ghana, Dr Maxwell Opoku Afari, who says the passing of the electronic payment bill will aid for this new move.
Addressing a conference on the topic: Innovative Financial Service for Business and SME’s Development, at a symposium held at the University of Ghana, the deputy governor revealed that the move will bring to an end moments when driver's mate scuffles with a passenger over change.
“If you are going to board a trotro all you need to do is just ask for the mobile money number of the driver, then you transfer the payment. This innovation will curtail the occasional scuffle between passengers and conductors over few Cedis change,” he revealed.
The revelation made by the governor comes in the wake of mobile money transactions in Ghana creating in excess of 150,000 jobs as at December 2017. Meanwhile, there are calls for heightened security in the mobile money sector as cases of fraud and theft continues to increase.
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