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e-zwich ATMs for All 10 Regions
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The Ghana Interbank Payment and settlement system (GhIPSS) has started a project to install e-zwich Automated Teller Machines (ATMs) in all the regional capitals and major trading towns. The move is to allow e-zwich card holder to have enough avenues to use the smart card. As part of the project ATMs have been installed in the Western Regional capital. Takoradi, Volta Regional capital, Ho and Techiman in the Brong Ahafo Region. There is an e-zwich ATMs at Dansoman in Accra.

Officials of GhIPSS say they are in the process of installing the ATMs in Cape Coast, Kusmasi and Tamale in the central ,Ashanti and Northern Regions respectively. Others are also being installed at University of Ghana, Legon and the high street, National Investment Bank Head office in Accra, and the ATMS at the Kwame Nkrumah University of Science and Technology (KNUST) has been functioning since last year. The ATMs accepts all e-zwich cards regardless of the banks which makes it accessible to many people.

The biometric smart card holders can therefore perform various transactions including the transfer of money from one card to another. These services make the e-zwich ATMS very beneficial it individuals who have the cards. GhIPSS hopes to install the e-zwich ATMS across the country.
Archie Hesse, General Manager in charge of Project and Business Development says the full benefits of the ATMs would be realized when all banks link the traditional accounts f their customers to their e-zwich cards.

So far some banks including Cal Bank, Standard Chartered Bank, Merchant bank, Zenith Bank, the United Bank for African (UBA), International Commercial Bank and the Trust Bank have completed this process. The patronage of the biometric e-zwich card has witnessed a significant increase in recent time as more Ghanaians are discovery its enormous benefits. Available figure from GhIPSS indicate that between January to March this year, 8.631 money transfers had been made through the e-zwich which is valued at GHc 2,074.597.96.

In 2009, 7.012 money transfers were made through the biometric cards that was valued at GHc 851.946.56.

Source: Daily Guide

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Date Published: 14/05/2010
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