CYST Company Limited has launched its flagship mobile payments app Mazzuma.
The new app was launched at the Economic Outlook and Business Strategy Conference held at the Tang Palace Hotel on last Wednesday.
Vice President Dr Mahamudu Bawumia was the keynote speaker.
The Vice President challenged the stakeholders in the financial industry to mobilize efforts to achieve interoperability in order to achieve total financial inclusion.
The Mazzuma app enables users to receive and send mobile money to all networks, thereby achieving interoperability at the telecommunications level.
It can be accessed on the Facebook platform, allowing Facebook users to buy airtime, pay bills and send mobile money directly on Facebook Messenger through Mazzuma’s platform.
Founders Kofi Genfi and Nii Osae Osae Dade, who were commended by Dr. Bawumia for their efforts, urged the general public to download and use the payment system.
They strongly believe that this innovation will greatly increase the usage of mobile money services and thereby dramatically increase the drive towards absolute financial inclusion.