| Accra, Ghana December 16th, 2009 – Clydestone (GSE:CLYD) and Transaction Solutions (GSE:TRANSOL) together with Sud Telecoms 3000 announce that it has formed a consortium and reached agreement with the GhIPSS to provide Electronic Prepaid Airtime Vouchers on e-Zwich POS Terminals deployed by GhIPSS and the Banks in Ghana.. Prepaid Airtime from all Mobile Networks will be available for sale by merchants with the e-Zwich POS Terminal of more than 4000. GhIPSS has also agreed to supply 200 POS Terminals proportionally between Transol and Sud Telecom for deployment at their Ezi and QuickFon Shops nationwide. The locations will offer all e-Zwich Services in addition to the sale of prepaid airtime.
About Clydestone
Clydestone is a provider of Information and Communications Technology Solutions in the area of Payment Systems, Transaction switching comprising Mobile, Automated Teller Machines (ATM) and Point of Sale (POS) deployment to enable payment transactions.
About Transol
Transol deploys POS Terminals and ATMs for the sale of Electronic Prepaid Vouchers and Third party payments, Debit and Credit Card transactions and ATMs Cash withdrawal services. Transol also operates EziShop Retails Outlets and supply’s Electronic Prepaid Vouchers to Banks.
About Sud Telecom 3000
Sud Telecoms 3000 Ghana Limited incorporated in Ghana in 2002 is into providing and processing electronic top up codes on behalf of various telecommunication companies. Sud Telecoms is a representative of Euronet Worldwide, an industry leader in processing of secure electronic financial transactions for banks, retailers and mobile telecommunication operators. Sud also operates the QuickFon Retail Outlets.
About GhIPSS
GhIPSS is a wholly owned subsidiary of the Bank of Ghana that was set up to provide a range of technology driven solutions and associated services which will support and contribute to the general efficiency of the Ghanaian Payment System, and provide affordable and convenient access by residents and visitors to banking services.
In this regard, GhIPSS is charged to implement and manage the following systems:
a. E-zwich, which enables the processing of both offline and online smartcard transactions. It also settles transactions that take place on POS terminals, ATMs and Mobile Banking Platforms.
b. Cheque Codeline Clearing
c. Automated Clearing House
d. Real Time Gross Settlement (RTGS) Systems
Contacts: Michael Ghartey, Clydestone 660755; Archie Hesse, GhIPSS 610780 |
