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To promote financial inclusion, consider a universal mobile wallet scheme – Vodafone to government

Mabel Boamah by Mabel Boamah
5 years ago
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To promote financial inclusion, consider a universal mobile wallet scheme – Vodafone to government
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Having made a commitment to bridge the digital and economic divide with its purpose-led agenda, Vodafone Ghana in an industry first, completely waived charges to any network via Vodafone Cash.

Geta Striggner-Quartey, Vodafone Ghana’s Legal and External Affairs Director, believes that government and policymakers must engineer policies that will trigger a “quantum change and accelerate substantial engagement in the digital eco-system” to expand financial inclusion, provide relief to customers, and increase volumes and pace of monetary movements across networks.

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“We advise the government to remove hurdles to encourage widespread adoption and usage,” she added, adding that “having a single wallet scheme that allows consumers to access funds from any mobile agent would be a game-changer.”

According to Vodafone’s External Director, such a dispensation would usher in a new age of true global digital financial inclusion for the general public.

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Read Also: COVID-19 test result for AfCFTA Secretary-General was a ‘false-positive’ – Secretariat

Madam Striggner-Quartey, speaking at the Telecoms Chamber’s Mobile Technology for Development (MT4D) program for the second time, urged the government to consider lowering the cost of owning a mobile device in the country.

“The government should work with mobile makers and providers to ensure that almost every adult has access to a smartphone.” Furthermore, the government should encourage use and adoption by exempting mobile devices from VAT,” she said.

Ms. Quartey said that at Vodafone Ghana, they believe that in order to enjoy the rewards of a digital revolution and participate in the digital economy, everybody must be linked.

The conference, titled ‘The Rise of Africa: Promoting Africa’s Sustainable Digital Ecosystem,’ was held on the subject of ‘The Rise of Africa: Promoting Africa’s Sustainable Digital Ecosystem.’ The position of creative technological solutions and collaborations, according to Vodafone Ghana’s legal mind, has played a crucial role in mitigating the human effect of the COVID-19 pandemic.

The pandemic’s economic consequences have widened the digital gap. The Pan-African campaign of Vodafone Ghana is all the more compelling. Connected aims to use technology to help speed up “our attempts to create a safer, more resilient, inclusive, and green Africa.”

Madam Geta Striggner-Quartey made the case for the campaign to liberalize the Mobile Money (MoMo) network to make digital payments more active in the eco-system and at retailer points during the two-day summit, which included presentations, panel discussions, and speeches from different stakeholders.

SOURCE: ATLFMONLINE

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