The Ghana Olympic Committee (GOC) has landed a mouth-watering deal with PaySwitch Company Limited to assist the national sports federations in payment of their international affiliation fees.
This deal will see the various federations getting at least US$500.00 as a subsidy in support of their affiliation fees.
Explaining the arrangement to www.ghanaolympic.org, the President of the Ghana Olympic Committee, Mr Ben Nunoo Mensah, said one of the biggest challenges facing federations in the country is the payment of their affiliation fees, therefore, it was prudent to find ways of assisting them.
He noted that the GOC under his leadership would continue to find alternative ways to supporting federations in their developmental programmes.
It would be recalled that prior to Ghana’s participation in the 2018 Gold Coast Commonwealth Games in Australia, the GOC solicited funds from Association of National Olympic Committees of Africa (ANOCA) to aid participating disciplines to prepare.
Non-participation disciplines were also given support for their developmental programmes.
PaySwitch Company Limited has been supportive to the Ghana Olympic Committee and this would be the second time they are coming on board to assist Ghana’s Olympic family.
They were Ghana’s headline sponsor for the 2018 Winter Olympic Games held in PyeongChang, Korea, early this year and have now come on board to assist the federations in payment of their 2018 affiliation fees.
PaySwitch Company limited is a Ghanaian company providing alternative banking solutions. The company owns a switch and has built the state of the art data-centre.
PaySwitch Company Limited provides an integrated payment solution that facilitates the circulation of money as well as the exchange of values between individuals (C2C); individuals and organizations (C2B); organizations and individuals (B2C); and between organizations (B2B) on a timely and consistent basis.
Currently, their target market includes commercial banks, non-banking financial institutions, telecommunication companies and other organizations within the payment space in Ghana and West Africa.