![]() ![]() You can cancel, withdraw and lock your financial savings at anytime. Dash Reserve offers you 3.5% every year interest on your app deposits monthly, no strings attached. Savings for curiosity, you can earn as much as 15% per annum utilizing this saving technique. We automate the financial savings to match your finances, you earn 5% each year. Savings for a aim, this lets you save towards that journey, fees, sneakers and so on, daily, weekly or month-to-month. You can improve limits and additional reduce costs by signing as much as the Dash service. If that fails, we're always here to assist you kind out any downside with our in-app customer support.ĭash gives you access to unique companies within the Dash app. Want a refund? You can request a refund for any transaction, we will notify the opposite celebration, they will accept or decline. With month-to-month expense stories, you'll be able to see where your cash went to with a full visual breakdown of your bills. You can redeem airtime, information bundles, KPLC tokens and more. You can redeem rewards anytime, if you reach a threshold. You can high up your Dash app account utilizing Mobile Money (M-PESA, MTN Mobile Money, AirtelTigo Money, Vodafone Cash Airtel Money), Bank, Debit or Credit Card (Visa or Mastercard).ĭash rewards you with points everytime you transact. You pays Paybill accounts Buy Goods Till numbers straight from the Dash app. You can even automate these bills, we will notify you 5 days earlier than the bills are due. In Kenya, you can pay Zuku, KPLC Postpaid Tokens, DStv, GOtv, StarTimes, Safaricom Home and Nairobi Water payments. You can purchase data bundles, airtime, pay in your Surfline, Vodafone Broadband, DStv, GOtv, Startimes, Busy Internet, MTN Fibre, ECG Postpaid and Water Bills in Ghana. With the Dash app, you'll ship cash to financial institution accounts and PayPal accounts immediately and cheaper as properly.ĭash App permits you to pay, automate and cut up bills with pals. You can also send cash to any Mobile Money person, 80% cheaper than traditional means. You can send cash throughout countries instantaneously. Sending and receiving cash to/from a dash consumer is FREE. Dash might be launching in South Africa ?, and Tanzania ? soon. Dash is presently in Ghana ?, Kenya ?, and Nigeria ?. It works seamlessly together with your Mobile Money account, card and bank account. GDP: $72.35 billion compared to $67.Dash App simplifies your money motion and allows you to ship, receive, spend and save, all in a single app, with full transparency and safety. Population: 31 million in 2020 as compared to 30 million in 2019 The company will most likely pursue getting all necessary approval for the Dash app to get back to the business. High regulatory costs might further discourage the pace of innovation in the country as many startups will be discouraged to enter the system considering its demands. ![]() Generally, startups like the Dash app are usually challenged with high rates of fees for approval from authorities. They are ultimately discouraging illegal or fraudulent activities from penetrating the Financial Industry. This recent decision by the apex bank will encourage startups and financial institutions to play by the books. The presence of the Bank of Ghana provides adequate supervision and regulatory strength in the entire financial system, for the regulatory body enforcing strict compliance to directives is key to maintaining a stable ecosystem. Hence Ghana's FinTech space is complex, and so is the need for regulations. Over 70 FinTech companies exist in Ghana with no association or body to provide supervision in an ever-growing ecosystem. This event is coming days after the startup announced raising about $32.8 million in funding for expansion. The regulatory body mentioned services like wallet creation, cross border payment, and utility payment required appropriate approval or license to operate. The Bank of Ghana has ordered Spektra Technologies Payment network Dash App which has been running since its establishment in 2019, to shut down its operations in the country, citing that the FinTech startup is offering services without approval. ![]()
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