General News of Thursday, 17 November 2011

Source: GNA

NSS to use electronic payment system

Cape Coast, Nov.16, GNA- The National Service Scheme (NSS) in collaboration with the Unique Trust (UT) Bank on Wednesday distributed free e-zwich cards for the payment of monthly allowance to national service personnel in the Cape Coast metropolis.

The exercise, which is a Ghana Interbank Payment and Settlement System (GHIPSS) of the Bank of Ghana (BoG) initiative, is to reduce mishandling of the cedi notes.

An official of the UT bank who spoke to the GNA on anonymity, said that the bio-metric card which has the details of its users as well as their finger prints is reliable and safe to keep money for future usage and also to reduce the inconveniences of joining long queues and waiting for group cheques.