Tingg by Cellulant Automates Payments for Petrol Stations in Ghana

Image

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.

Share
Related Stories
Image
25-August-2023

Why Egypt, Ethiopia’s Inclusion in BRICS is Strategic—Arnold Boateng

Kestér Kenn Klomegâh South Africa hosted the 15th BRICS summit from August 22 to 24. The BRICS (Brazil, Russia, India, China and South Africa) members have thoroughly discussed a wide range of significant issues, including the bloc’s expansion, common currency, investment and trade, the bloc’s strategy and geo-policy. We already know that BRICS members consistently champion the rights and interests of Africa and also play an increasing role and influence in the global governance system – particularly international financial and economic organisations. Holding the 15th summit, especially this crucial time, within the context of the emerging multipolar world, BRICS discussed

Image
24-August-2023

South Africa: Putin Visits the Cape of Good Hope

By Kestér Kenn Klomegâh South Africa hosts the 15th BRICS summit in Johannesburg. Russian President Vladimir Putin is participating, not in person, but this time only online. Historically, he has, a number of times, paid official working visits to South Africa. During these past two decades, he has held high-level talks, at different times, with Thabo Mbeki, Jacob Zuma and Cyril Ramaphosa. Russia and South Africa have unlimited opportunities to develop mutually beneficial economic partnerships. For instance, in early September 2006, Vladimir Putin and Thabo Mbeki discussed the outlook for improving bilateral economic ties with representatives of the two countries’

Image
07-September-2023

The 6 Most Essential Kilimanjaro Stuff Things

In the event that you’ve seen our stuff show, you realize there are heaps of things on it. The rundown contains discretionary, suggested and required things. However the expected things are required, there are things that are more critical than others with regards to your security, solace, and achievement. In this article we examine the 7 most significant things on the Kilimanjaro gear list. For more information check Africa Joy Tours  With regards to choosing these pieces, you need to be particularly careful that they will finish the work. Knit cap You might have heard the familiar maxim that you

More Stories
Image
30-January-2019

Naira Trades N363.34/$ at I&E After 0.16% Loss

By Dipo Olowookere The value of Naira depreciated against the Dollar on Tuesday at the Investors and Exporters segment of the foreign exchange market. Data from the FMDQ website showed that the high demand for the United States currency piled pressure on the local currency at the market yesterday. With renewed political crisis in the country concerning the suspension of the nation’s chief jurist, some foreign portfolio investors, who had returned into the Nigerian market to make quick return before next month’s polls in the country, started to pull out again. This, Business Post analysts gathered, is causing the gradual

Image
24-November-2020

FG to Eliminate 300 tonnes of e-Waste by Q1 2021

By Adedapo Adesanya The federal government is targeting the elimination of 300 tonnes of electronic waste (e-waste) from the environment by the first quarter of 2021 through the implementation of its Global Environmental Facility (GEF) programme. This was disclosed by the Director-General, National Environmental Standards and Regulations Enforcement Agency (NESREA), Mr Aliyu Jauro, while declaring open a four-day training on e-waste management in Lagos. The theme of the training is Executable Building Programme for Enforcement Officers and Value Chain for the EPR on the Circular Economy; Approaches for Electronic Sector in Nigeria and will run from Monday, November 23 –

Image
16-March-2019

Leadway Introduces Digital Will Writing Platform

By Dipo Olowookere In order to make writing will easier and better, the management of Leadway Capital and Trusts Limited has unveiled a website to make this a reality. The company’s Head, Private Trusts, Ms Morenike Akinwande-Tomori, while speaking at the launch of the new initiative, stated that the platform makes it simpler to wrote a will against the traditional and more expensive way of going to a lawyer to have a will written. “It is easier, faster and you can do it at the convenience of your home or office, from your phone or laptops. You don’t have to

Image
18-February-2018

Experts Ready for First Riyadh Int’l Humanitarian Forum

By Dipo Olowookere All is now set for the first Riyadh International Humanitarian Forum will take place in Saudi Arabia on February 26 and 27, 2018 under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud. Organized by the King Salman Humanitarian and Relief Centre (KSrelief), the forum is the first of its kind to take place in the Kingdom, building on previous global humanitarian events to address changes to the humanitarian landscape and to formulate new practical and efficient responses which reflect the changing needs on the ground. Bringing together professionals and

Image
27-April-2022

Value of Naira Drops 0.29% at Investors’ FX Window

By Adedapo Adesanya The value of Naira depreciated against the United States Dollar on Tuesday by 0.29 per cent or N1.20 at the Investors and Exporters (I&E) segment of the foreign exchange (FX) market. Business Post reports that forex traders exchanged the greenback with the local currency at the investors’ FX window at N418.50/$1 for their customers as against the N417.30/$1 of the previous session. It was observed that the market witnessed a disruption in the supply of FX, which contributed to the weakening of the domestic currency during the session. But the Nigerian currency performed better against the other

Image
07-October-2018

Ogunleye, Basorun Condemn Violence During APC Primaries in Lagos

By Ebireri Henry Ovie Former Deputy Governor of Lagos State, Prince Abiodun Ogunleye, on Saturday reviewed the destruction in Ikorodu over the National Assembly primaries in Lagos East, describing the action of the lawmaker representing Kosofe Constituency 1 in the Lagos State House of Assembly, Mr Bayo Osinowo, and his associates as dangerous trend. Mr Ogunleye said it was the party’s duty to hold free and fair primaries but it has miserably failed to do so. Addressing journalists in Ikorodu, the politician stated that open secret voting remain a vital process for the development of democracy in Nigeria. He described

Image
26-August-2023

Wema Bank Expands e-Commerce Payment Capabilities

By Aduragbemi Omiyale To expand its e-commerce payment capabilities and provide secure and reliable payment options at a reduced cost, Wema Bank Plc has joined forces with the acclaimed new disruptor in the African payments market, enza. It was gathered that collaboration would enable enza to integrate its innovative payment orchestration solution into the lender’s payment system, thereby improving the quality of service to merchants, enhancing payment security, increasing service reliability, and significantly reducing operating costs through transaction optimization. Wema Bank said it would leverage enza’s payment orchestration capability to further enhance its existing e-commerce payment services, including its digital

Image
16-March-2023

Burna Boy to Perform at 2023 UEFA Champions League Final

By Adedapo Adesanya In a historic move, Nigerian Grammy Award-winning and multi-platinum-selling singer, songwriter, and producer, Damini Burna Boy Ogulu will co-headline the 2023 UEFA Champions League Final Kick-Off Show at the Atatürk Olympic Stadium in Istanbul on Saturday, June 10. The Last Last crooner will be the first African act to perform at the event sponsored by Pepsi since it was started in 2016 and became known as the UEFA Champions League Final Kick-Off Show by Pepsi, which replaced the UEFA Champions League Opening Ceremony. This year’s other co-headliner will be announced soon, a statement said, adding that “the

Ad
Ad
Recent Stories
Image
03-October-2023

September PMI: Nigeria’s Business Activity Improves

By Modupe Gbadeyanka Nigeria’s business activity improved in September despite cost pressures limiting demand, according to the latest Purchasing Managers’ Index (PMI) released by Stanbic IBTC Bank Plc. The lender said in the period under review, the private sector had a reading of 51.1 points compared with the 50.2 points achieved in August 2023. It was the rise in business activity in the country was influenced by the growth in order, though the rates of expansion in each were only modest. New orders increased for the sixth month running in September as some firms signalled an improvement in demand. While

Image
03-October-2023

Agostini, Two Others Win 2023 Nobel Prize in Physics for Attosecond Pulses

By Adedapo Adesanya Three scientists will share the Nobel Prize in Physics as the Royal Swedish Academy of Sciences recognised Pierre Agostini, Ferenc Krausz and Anne L’Huillier as this year’s recipients for experimental methods that generate attosecond pulses of light for the study of electron dynamics in matter. The three Nobel Laureates in Physics 2023 were recognised for their experiments, which have given humanity new tools for exploring the world of electrons inside atoms and molecules. BREAKING NEWSThe Royal Swedish Academy of Sciences has decided to award the 2023 #NobelPrize in Physics to Pierre Agostini, Ferenc Krausz and Anne L’Huillier

Image
03-October-2023

Nigeria Targets 22% ICT Contribution to GDP by 2027

By Adedapo Adesanya Nigeria plans to increase the net contribution of the telecommunications sector to the gross domestic product (GDP) by 22 per cent by the end of 2027. This is part of efforts announced by the Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, in the ministry’s 31-page Strategic Blueprint document titled Accelerating our Collective Prosperity through Technical Efficiency, seen by Business Post. In the document, the ministry noted that “As telecommunications continues to evolve in line with new technology and associated opportunities, it is critical to revamp our national approach to account for changing imperatives and

Image
03-October-2023

Union Bank, Fate Foundation Empower SMEs in Nigeria

By Modupe Gbadeyanka Small and Medium Enterprises (SMEs) in Nigeria recently had the opportunity to gain more knowledge on how to scale their operations at a training organised by the Fate Foundation Alumni Conference. The event, in its 8th edition, was bankrolled by one of the leading financial institutions in the country, Union Bank of Nigeria Plc. It was gathered that at the programme, participants, including chief executive officers of major businesses, SME and MSME owners, exhibitors, and Fate Foundation Alumni shared knowledge on crucial topical subjects essential for entrepreneurial growth and success from seasoned entrepreneurial leaders and influencers. At

Image
03-October-2023

Stock Market Witnesses N30.379 billion Transactions in Four Days

By Dipo Olowookere Transactions worth N30.379 billion were recorded at the Nigerian Exchange (NGX) Limited last week, which had four trading sessions due to the public holiday observed last Wednesday for Eid-el Maulud. Data obtained by Business Post showed that the stock market posted these trades from the sale of 3.911 billion shares in 38,536 deals. When compared with the preceding week, which had five trading days, the value of transactions weakened by 36.00 per cent, as investors bought and sold 2.933 billion shares valued at N47.449 billion in 44,654 deals. A breakdown indicated that the financial services industry led

Image
03-October-2023

Schneider Electric Shares Insights on Improving Customer Satisfaction

In recognition of Customer Service Week 2023 (October 2 – 6), Schneider Electric shares valuable insights on improving customer satisfaction. Ajibola Akindele, Country President, Schneider Electric, West Africa, shares strategies and insights on how Schneider Electric has built long-lasting customer relations over the years through customer satisfaction. How would you describe Customer Service? The heart of Schneider Electric is its customer service. It represents our guiding principles and is essential to how we conduct business every day. At Schneider Electric, we consider providing exceptional customer service to be more than just a department, but rather a part of who we

Image
03-October-2023

NDIC Begins Payment of N16.18bn to Depositors of 20 Failed Banks

By Adedapo Adesanya The Nigeria Deposit Insurance Corporation (NDIC) has disclosed playing N16.18 billion in liquidation dividends to depositors, creditors, and stakeholders of 20 banks in liquidation. According to a statement from the corporation’s Director of Communication and Public Affairs, Mr Bashir Nuhu, this follows impressive recoveries from debtors and the realisation of assets of banks in liquidation. As a result, the NDIC, which is responsible for protecting depositors and guaranteeing the settlement of insured funds when a deposit-taking financial institution can no longer repay their deposits, said it had commenced verification and payment of stakeholders covered by the declarations

Image
03-October-2023

NASD Index Rises 0.83% in Week 39

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed Week 39 mixed as the unlisted securities index rose by 0.83 per cent, while the market capitalisation depreciated by 2.63 per cent after VFD Group Plc finally delisted after three years of trading on the platform. According to data from the bourse, the NASD index went up by 6.70 points to 815.65 points from 808.95 points, while the value of the exchange shrank by N30 billion to N1.110 trillion from N1.140 trillion. In the week, Nipco Plc improved its value by 9.8 per cent to close at N95.00 per share

Image
03-October-2023

Norwegian Start-up Invests $13m in WATT Renewable

By Aduragbemi Omiyale A Norwegian start-up, Empower New Energy, has injected about $13 million into a Nigerian hybrid solar solutions provider, WATT Renewable Corporation, to reduce the country’s carbon footprint through innovative technologies. A statement from WATT said the funds would be used to improve the renewable energy portfolio, adding an impressive 8MW of installed generating capacity and 14.3MWh of storage capacity through end-to-end services and operation of towers in Nigeria. The firm stated that this is set to make a substantial impact on the availability and reliability of clean energy in the region and reduce the consumption of diesel

Image
03-October-2023

Naira Value Appreciates at P2P as Bitcoin Trades Above $27000

By Adedapo Adesanya The Naira appreciated against the US Dollar in the Peer-2-Peer (P2P) wing of the foreign exchange market on Monday, October 2, as the official market, the Investors and Exporters (I&E) window closed for the Independence Day holiday. In the P2P segment, the Nigerian Naira appreciated against the American currency by N3 to sell at N998/$1 compared with the preceding session’s value of N1,001/$1. In the same vein, the local currency improved its value against the US Dollar on Tuesday by N1 to sell at N1001/$1 versus the previous session’s exchange rate of N1002/$1. During the Independence Day