Accra, November 2015 – More than 40 participants gathered at the Labadi Beach Hotel in Accra, Ghana, to discuss the evolution of banking in the payment industry as well as to have a robust discussion on new offerings in the payments industry.
The seminar was specifically designed for banking and payment solutions practitioners and provided them with the opportunity to come together and hear about the latest innovations and trends in the payments technology solutions ecosystem.
A payments technology solution company based in Johannesburg, Veneka has a footprint in over 32 sub-Saharan African countries. The biggest portion of its customer base is in Ghana and the company has completed several projects in the country and has gained extensive and valuable knowledge and expertise about its needs, challenges and imperatives.
Veneka has developed a solid presence in the Ghanaian market to the extent that it has acquired a local partner. The company is looking forward to being part of the evolution of the Ghanaian payments ecosystem and to developing tailormade solutions that will deal with Ghana’s key imperatives of ensuring that the almost 70% of its population that is unbanked have access to banking services at extremely affordable rates.
“We feel firmly entrenched in the Ghanaian market and have become extremely familiar with the terrain. Our years of experience and encounters with the intricacies of the country’s banking and payments technology markets have placed us in a great position to offer relevant payments solutions in the future, and engage on some pertinent issues relating to the country’s imperatives with regard to the banking of its unbanked citizens” said Veneka MD Evans Musodza.
“We are also cognisant of the fact that the Ghanaian banking system is a tiered one with some very sophisticated clientele and have thus also been able to offer a solution that speaks to their need for world class quality services,” said Musodza
“Our partnership with Tieto also ensures that our systems comply with international business standards as Tieto is committed to leveraging on its research and development capabilities to generate distinctive value through new and improved products and innovative ways,” he said. Tieto is an IT development company and software developer which runs one of the world’s leading multinational card management systems.
The event was one filled with informative discussions, a fantastic ambiance and the turnout was as expected by the organisers. Veneka hopes to have similar events on a yearly basis in countries where their footprint is growing.