SMSGH to launch integrated payment system

SMSGH to launch integrated payment system

SMSGH, one of the country’s leading mobile content providers is set to launch a holistic electronic payment system in Ghana. The new electronic payment platform, dubbed “mPower” is complete end-to-end online and mobile payment transactions solution to enable consumers and merchants send, spend and receive payments. The mPower platform was built by SMSGH and ncode.devlabs, with support from Urbanhive Group Inc. of the United States of America, and it is expected that it will give users the same convenience and efficiency that Paypal, for example, affords its users. The platform will combines all electronic payment technologies like mobile money, debit/credit card, internet banking, bank electronic transfers and others into one account, through which the user can access money from the various sources for transaction online. Users of mPower will only have to open a single online account at www.mpower.com.gh, through which they will have access to the money in their bank account, mobile money wallet from any network, Mastercard, Visa card, Visa Electron, American Express cards and any number of electronic payment services one is subscribed to for payments online. Users will be able to transfer money from any of the above mentioned sources into the mPower account in a cheaper, safer and secure way, so one could have access to the money in a more flexible way without always reverting to one’s bank, mobile service provider or others. Once the user has access to the various sources of his or her money through the mPower account, one can pay utility bills, service bills, shop online, buy airtime from any mobile network, buy music/movies, send and receive money to other mPower account holders, and do several other transactions online without limitation. For business, it enables direct processing of payment from over 10 funding sources, one simple integration and contract, and access to millions of mobile money subscribers, banks customers, as well as debit and credit card users, all within a sophisticated fraud chargeback protection environment. SMSGH is Ghanaian-based digital content aggregator that provides bulk sms, corporate sms, mobility and web solutions, as well as short code aggregations for content developers, banks, insurance companies, media organizations, mobile network operators, handset manufacturers and others across Ghana and parts of West and East Africa.