BUZZ Paid introduces electronic payment for goods, services

Managing Director of Buzz Paid, Mr Ben Ato Peterson, made this known when he paid a courtesy call on the Editor of the Daily Graphic, Mr Ransford Tetteh in Accra.

For merchants, Buss Paid channels all customer payments seamlessly and directly into their trading bank account while corporate organisations under the system could centralise, manage and control employees expenditure from their Buzz Paid corporate account.

With this, staff do not need to carry cash or use credit cards for hotel and other corporate expenditures.

Customers can also use Buzz Paid as a convenient way to pay their bills to utility companies such as the Ghana Water Company Limited (GWCL) and the Electricity Company Ghana (ECG).

Individuals can use the system to pay for goods, services and bills in Ghana from the comfort of their homes, offices or wherever they may be. With Buzz Paid, they can pay for international goods and services which could be delivered to them.

According to Mr Peterson, the initiative ensured 100 per cent fulfilment of every valid transaction request and provided proof and details on every transaction.

People and organisations, he said, could receive email confirmation on the transactions they made. 

To be part of the system, interested persons and organisations would have to register online to set up and obtain their unique customer account number. Personal and corporate account holders would have to pay into or transfer money into a prepaid Buzz Paid account at any of the participating banks recognised under the initiative.

Personal and corporate account holders do not need to have a bank account to register or to use the Buzz Paid.

According to Mr Peterson, “you do not need to have a bank account to use this platform”

He said a customer would be notified of every transaction effected, adding that two years ago, he started an e-commerce platform through which goods and services were delivered within two weeks.

“I call the Buzz Paid an engine for commerce,” he said.

Institutions such as Social Security and National Insurance Trust and the Ghana Revenue Authority (GRA), he said, could also take advantage of the platform to do business.

Story by Emmanuel Bonney