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Innovations

Dr. Bawumia Launches E-Travel Card to facilitate cashless disbursement of traveling expenses of public officials

Published

5 years ago

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The Government of Ghana on Friday, 4th February, 2022 launched an E-Travel Card which seek to facilitate cashless disbursement of traveling expenses and allowances of public officials.

Dr. Mahamudu Bawumia, Vice President of Ghana

The official launching of the E-Travel Card was spearheaded by the Vice President, Dr. Mahamudu Bawumia  at the 2022 Annual Conference of Controller and Accountant General’s Department at the University of Cape Coast.

As stated earlier in my first paragraph, the e-Travel Card is to facilitate cashless disbursement of traveling expenses and allowances of public officials.

According to Dr. Bawumia, this innovative initiative forms part of government’s Digitalization agenda aimed at building a cashless economy.

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The E-Travel Card

More importantly, the e-Traveling Card is to ensure proper accountability, effective monitoring, control and avoid risks of carrying cash.

The launch saw in attendance the Central Regional Minister, Hon. Mrs Justina Marigold Assan, Second Lady Samira Bawumia and Management of the Controller and Accountant General’s Department.

Hon. Mrs. Justina Marigold Assan – Central Regional Minister


In a detailed explanation to the E-Travel Card, Ghana’s Vice President, Dr. Mahamudu Bawumia wrote;

Since Independence, public officials are provided cash for their imprest when they travel. This system has many associated problems including the risks of carrying cash, fraud in the disbursement of imprest, the increasing use of cashless payment channels in many jurisdictions, ineffective monitoring and controls, etc.

Today, that era is coming to an end with my launch of the e-Travel Card to facilitate the cashless disbursement of travel allowance and other payments for local and foreign trips of public officials. All officials will be issued with the e-Travel card and their imprest and per diem for travel will automatically be put on the card for use.

The e-Travel Card is expected to deliver several benefits, including the elimination of the risk of carrying cash; transparency and ease of accountability; timely retirement of accountable Imprest; and improved monitoring and controls of budgetary allocations for official travels to avoid overspending.

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The era of cash for travel in the public sector will soon be over, bringing further transparency and accountability in the use of public funds.

Source: Sintim Media

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Innovations

How to Seamlessly Buy and Sell Bitcoin with USSD code

In today’s digital era, Bitcoin has become synonymous with the future of finance. With a burgeoning ecosystem around it, various platforms offer the promise of seamless transactions. One such platform making waves is Mybitstore with its groundbreaking USSD code. This guide delves deep into how you can effortlessly buy and sell Bitcoin using it’s USSD code *447*22#.

Published

3 years ago

on

September 19, 2023

By

bitcoin ghana

Step-by-Step Guide: How to Seamlessly Buy and Sell Bitcoin with Mybitstore USSD code *447*22#

In today’s digital era, Bitcoin has become synonymous with the future of finance. With a burgeoning ecosystem around it, various platforms offer the promise of seamless transactions. One such platform making waves is Mybitstore with its groundbreaking USSD code. This guide delves deep into how you can effortlessly buy and sell Bitcoin using it’s USSD code *447*22#.

Introduction to Mybitstore’s USSD Service:

Mybitstore, always a pioneer in crypto innovations, has introduced a USSD code service. This unique *447*22# code ensures that buying and selling Bitcoin is as easy as checking your bank balance.

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Pre-requisites:

Before diving in, ensure you have:

  • A registered account with Mybitstore. (If you haven’t registered on our website or app yet, you can still purchase cryptocurrency from us. Simply provide your email address and set a PIN. It’s that straightforward!)
  • A mobile phone linked with your Mybitstore account.
  • Sufficient balance (for buying) or Bitcoin (for selling).

 Buying Cryptocurrency:

  1. Select Option One: Buy
  2. Choose the cryptocurrency you wish to purchase: 1 for Bitcoin or 2 for USDT (Tether).
  3. Enter the amount you wish to purchase in USD.
  4. Review the purchased amount and provide a valid wallet address to receive the cryptocurrency.
  5. You will receive a payment promptly. Enter your PIN to authorize and securely complete the transaction.

Selling  Cryptocurrency

  1. Select Option Two: Sell
  2. Choose the cryptocurrency you wish to sell: 1 for Bitcoin or 2 for USDT (Tether).
  3. Enter the amount you want to sell in USD.
  4. Review the amount and provide a valid wallet address to receive the cryptocurrency.
  5. Wait for the pop-up confirmation and confirm the transaction.

Sending Cryptocurrency

Note: This option is exclusively available to Mybitstore account holders.

  1. Select Option Three: Send
  2. Choose the cryptocurrency you wish to send: 1 for Bitcoin or 2 for USDT (Tether).
  3. Review your Mybitstore account balance and provide the amount you want to send in USD.
  4. Enter a valid wallet address to send the cryptocurrency to.

Receiving Cryptocurrency

  1. Select Option Four: Receive
  2. Choose the cryptocurrency you want to receive: 1 for Bitcoin or 2 for USDT (Tether).
  3. Your wallet address will be sent to you via SMS or email.
  4. Copy the provided wallet address and share it with your sender to securely receive the funds into your Mybitstore account.

Checking Balance

  1. Select Option Five: Check Balance
  2. Your wallet balance will be promptly displayed.

Checking Rates

  1. Select Option Six: Check Rates
  2. The latest cryptocurrency rates will be promptly displayed.

Reading Instructions

  1. Select Option Seven: Instructions
  2. Instructions will be sent to you via email.

Benefits of using *447*22# for Bitcoin Transactions:

  • Fast: Transactions are processed almost instantly.
  • Secure: USSD ensures that your transactions remain confidential.
  • Accessible: No need for internet connectivity or a smartphone. A basic mobile phone will do.

In the rapidly evolving world of cryptocurrencies, convenience is key. With Mybitstore’s USSD code *447*22#, you’re assured of a seamless, secure, and simple way to transact in Bitcoin. Whether you’re a newbie or a seasoned trader, this guide ensures that you’re well-equipped to buy and sell Bitcoin effortlessly.

Note: Always ensure you are transacting in a safe environment and be wary of fraudulent schemes. Always use the official USSD code provided by Mybitstore and double-check any information you provide.

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