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Tingg by Cellulant Automates Payments for Petrol Stations in Ghana

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Tingg by Cellulant

By Adedapo Adesanya 

Tingg by Cellulant In-Store Solution has announced that it has started providing Oil Marketing Companies (OMCs) with a single payment collection point across multiple payment options and channels, ensuring real-time settlement.

This allows OMCs in the country to reduce client queues at the till and boost customer satisfaction.

In recent years, Ghana has experienced remarkable growth in its mobile money market, with over 50 per cent of the adult population having mobile money accounts, emerging as a leader in sub-Saharan Africa. This has sparked the rise of multiple payment platforms and solutions tailored to meet the diverse requirements of businesses and consumers nationwide.

However, despite this remarkable growth, making and receiving payments remains a major pain point for many businesses in the country operating at scale. For businesses, the obstacle lies in establishing individual connections with multiple payment methods from different card networks to mobile money service providers to gain access to online and offline payments from these various methods.

To address this challenge, Cellulant launched Instore on its digital payments platform, Tingg, which enables businesses to collect payments from different payment options at the point of sale without the need for costly hardware or software.

Particularly for OMCs, where one company has multiple branches across the country and multiple tills in a single branch, the ability to offer a seamless payment experience has a decisive impact on revenue growth and customer satisfaction.

Speaking on this, Mr Eric Kortey, Cellulant Ghana’s General Manager, said, “With Tingg, the OMCs can track and reconcile transactions more easily, reducing the risk of fraud and errors. This level of transparency and accountability helps to build trust between businesses and their customers, suppliers, and other stakeholders, which is essential for business success.

“We power payments for businesses, enabling them to focus on their core business functions and growth. At Cellulant, we believe enabling businesses to collect and payout seamlessly is critical to the growth of the economies they operate in and Africa at large.”

Some of the OMCs Tingg by Cellulant is powering payments for in Ghana include Star Oil, Zen Petroleum, Glory Oil, Nick Petroleum, Petrosol, Shell (Vivo Energy), BF Petroleum and GTA (Groupe TransAfrica).

Customers who fuel at these fuel stations can pay for their fuel via USSD, QR code or the Tingg App. In-store, Tingg’s offline payments solution is available in all the physical locations for these fuel stations requiring customers only to have a mobile device, and they can conveniently pay without using cash. For these OMCs, Tingg has increased its efficiency in collections and managing transactions by more than 50 per cent.

In addition to integrating payments, the Tingg platform offers a reporting and settlement dashboard with a single view of all collections from all channels and the opportunity for businesses to connect with and engage with customers using the Tingg messaging tools.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Relief Across Markets as US-China Agree to Trade Deal

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us china trade deal

By Adedapo Adesanya

The global markets are experiencing relief as the United States and China, the world’s two largest economies, have agreed to slash tariffs on each other, to ease effects of a trade war.

Speaking after talks with Chinese officials in Geneva, US Treasury Secretary, Mr Scott Bessent told reporters that the two sides had reached a deal for a 90-day pause on measures.

US trade representative Jamieson Greer said so-called reciprocal tariffs were now at 10 per cent each.

Business Post reports that in real terms, the deal means the US is reducing its 145 per cent tariff announced by President Donald Trump to 30 per cent on Chinese goods.

A tariff of 20 per cent had been implemented on China when President Trump took office over what his administration said was a failure to stop illegal drugs entering the US.

China has agreed to reduce its 125 per cent retaliatory tariffs to 10 per cent on US goods.

Sector-specific tariffs, such as the 25 per cent tax on cars, aluminium and steel, remain in place.

Last month, President Trump announced a 90-day pause on the reciprocal tarrifs. However, China was the only country exempt from the pause on the retaliatory tariffs above the base 10 per cent levies.

The development had impacted many markets across the world from stocks to oil to bonds and minerals.

Mr Bessent said after a weekend of negotiations in Switzerland, the countries had a mechanism for continued talks.

It is the second major trade announcement made by the US in the last week, after a deal was secured with the United Kingdom on Thursday.

The move signals a willingness from the Americans to make deals on tariffs.

The news was received positively by major markets.

Brent crude is currently up 2.9 per cent to $65.78 per barrel while the US West Texas Intermediate (WTI) is up 3.1 per cent to $62.91 a barrel.

Asian stock markets on Monday as major indexes were up. In China, the Shanghai Composite stock index rose 0.8 per cent, the Shenzhen Component gained 1.7 per cent, and Hong Kong’s Hang Seng index was up nearly 3 per cent.

Korea’s Kospi grew 1.1 per cent, Japan’s Nikkei was up 0.8 per cent while India’s Nifty 50 index of most valuable companies gained more than 3 per cent, as per Sky News.

CNBC reports that US stocks look set to rise on the open, based on after-hours trading. Wall Street’s tech-heavy Nasdaq is expected to rise by 3.3 per cent, and the S&P 500 index of companies relied on to be stable and profitable by 2.5 per cent.

Mr Bessent also said, “As long as there is good faith effort, engagement and constructive dialogue, then we will keep moving forward,” in response to questions from journalists.

The market will await further developments and possible ease to recent headwinds.

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American Robert Prevost Emerges as New Pope 

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Robert Prevost

By Adedapo Adesanya

The new pope of the Catholic Church has been revealed as Robert Prevost of the United States, the first American pontiff in history.

Following his emergence, he will be known as Pope Leo XIV.

Voting commenced on Wednesday, and after three rounds of black smoke, white smoke billowed above the Sistine Chapel on Thursday evening.

This is the signal that cardinals had selected a new pontiff on the second day of the conclave.

Prevost, age 69, from Chicago, Illinois, is a leader with global experience. He spent much of his career as a missionary in South America and served as a Bishop in Peru. He most recently led a powerful Vatican office for bishop appointments. He is expected to build on Pope Francis’ reforms.

There were 133 voting cardinals, who had all been sequestered inside the Vatican during the conclave. Any one of them needed two-thirds of the vote to become the next pope.

“Peace be with you all,” said Leo XIV in his first remarks as pope.

“This is the first greetings of the resurrected Christ, the good shepherd who has given up his life for God,” he said, explaining the choice of his greeting. “And I should also like this greeting of peace to enter our hearts and our families.”

Leo XIV looked visibly emotional as he waved to the adoring crowd in the square below the balcony.

A leader with global experience, he spent much of his career as a missionary in South America and most recently led a powerful Vatican office for bishop appointments. He is expected to build on Pope Francis’ reforms.

He worked for a decade in Trujillo, Peru, and was later appointed bishop of Chiclayo, another Peruvian city, where he served from 2014 to 2023.

Prevost also holds a Peruvian passport and has been a Peruvian citizen since 2015.

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JUST IN: Conclave Elects New Pope as White Smokes Emerges at Vatican

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white smoke the Sistine Chapel

By Dipo Olowookere

A white smoke was seen from the Sistine Chapel at the Vatican City on Thursday evening, signalling the election of a new pope for the Catholic Church.

This is coming a few days after the previous occupier of the position, Pope Francis, was laid to rest after he died on Easter Monday of 2025 at the age of 88 after an illness.

At the moment, the name of the new pope has not been announced. This would be done later by Cardinal Dominique Mamberti from the balcony of St. Peter’s Basilica.

About 133 Cardinals partook in the process of electing a new pope, the largest in history, with 103 of them doing this for the first time.

On Wednesday, the Conclave could not finalise the election of a new pope, with a black smoke emanating from the the Sistine Chapel.

Details later…

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