The in-store payments service provider was recently honored with the title of “Fastest Growing Fintech” at the prestigious Ghana Business Standards Awards (GBSA).
Held at the luxurious Movenpick Hotel under the theme “Celebrating Organizations Committed to Remarkable Business Standards Geared Towards Sustainable Growth,” the awards recognize organizations that exemplify outstanding business practices in Ghana.
Blu Penguin’s remarkable achievement was primarily attributed to its groundbreaking in-store payments solution, BluPay.
This innovative app has become a cornerstone of the Ghanaian financial landscape, highly regarded by both merchants and banks across the nation. It allows businesses to seamlessly accept payments through mobile money and cards from their valued customers.
One of BluPay’s distinguishing features is its compatibility with various local mobile money networks, including MTN Momo, Vodafone Cash, AT Money, and ZeePay. It further extends its reach by facilitating Visa, Mastercard, and contactless transactions, providing a wide range of payment options.
BluPay is designed for installation on point-of-sale (POS) devices or smartphones, streamlining the payment process for merchants. Its cross-platform compatibility ensures that it caters to both iOS and Android users, making it accessible to a broad audience. Currently, over three million Ghanaians, representing approximately 10% of the country’s population, have transacted using Blu Penguin’s platforms, with this number steadily growing.
Founder and CEO of Blu Penguin, Tenu Awoonor, expressed his enthusiasm for BluPay’s impact on merchant businesses. He emphasized that BluPay enables cashiers to swiftly adopt the system, and its remarkable capability to seamlessly integrate all payment channels into a single app makes it incredibly convenient for merchants. The app also provides business owners with a dedicated portal to monitor transactions in real-time, even from remote locations.
With these innovations and a commitment to empowering businesses, Blu Penguin has undoubtedly earned its title as Ghana’s Fastest Growing Fintech.
The company’s vision for a technology-driven financial landscape is making waves in the industry and contributing to the growth of Ghana’s economy.