As part of
This comes after the bank's receipt of approval from the
Apart from affording customers the freedom to perform transactions regardless of their mobile network operator, G-Money will also create an enabling environment for the ongoing digitisation processes in
Speaking ahead of the official launch, Mr
"Leveraging GCB's rich experience in banking acquired over many years, we will offer financial services tailored to suite the specific needs of our diverse customers," he emphasised.
G-Money, which is the first of its kind to be operated by any bank in
The Unstructured Supplementary Service Data (USSD)-ran service would allow both bank and non-bank customers to send and receive money both locally and internationally.
Customers would also be able to save and borrow money using their G-Money accounts. The account could also be linked to any
The introduction of G-Money is part of
Other services that G-Money offers include the payment of telecommunication network services and the payment of utility bills. The service can be accessed by registering at any
All subscribers, agents and merchants of existing mobile money services can still register to use the G-Money service.
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