Maximus Global Gh

The SatF-Interpay project is designed to expand the range of financial services available for the underserved peri-urban and rural populations in Ghana through migration and digitization onto Maximus - a new ubiquitous Mobile Money based group funding and saving platform built by Interpay which interacts with all mobile money platforms operating in the country. Maximus improves the transactional efficiency by which Informal Savings Mechanisms (ISMs) users - individuals susu savers and savings groups - save money and access financial services from Financial Services Providers (FSPs) such as Commercial Banks, Rural & Community Banks, Savings & Loans companies, Microfinance companies, and Financial NGOs. Maximus also expands the Economically Feasible Operational Zone (EFOZ) of FSPs from proximity to FSP branch locations to availability across all mobile money wallets in Ghana and/or proximity to any of the plus mobile money agents across Ghana. Interpay intends to work with qualified FSPs by providing them with the technology and support needed to migrate and digitize existing and new ISMs onto Maximus. The digitization is expected to help FSPs to expand product and service offerings, reduce the cost of transactions, increase clientele base and deposits, and increase profitability of engaging ISMs in the peri-urban and rural communities in Ghana in a sustainable manner.