Paystack, the fintech company, has introduced a new feature for users in Ghana.
The new Transfer to bank account feature allows businesses to make single or bulk disbursements (Transfers) to any Ghanaian mobile money wallet as well as any Ghanaian bank account.
How It Works
To use the Transfers feature, users would need to be a Registered Paystack Business and have money in their Paystack Balance. Users can use Topup feature to add money to their balance.
Users can then transfer money to bank accounts or mobile money wallets.
Why This Matters
With this feature, startups and entrepreneurs can use the Transfers API to build experiences for their customers. Businesses can also pay their vendors for products or services, using Paystack Transfers right from their Dashboards.
Source: Paystack
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