Tag: gracekennedy

How Western Union and GraceKennedy may use Ripple in GK MPay App
Tech News, Caribbean Tech

How Western Union and GraceKennedy may use Ripple in GK MPay App

“WU.com will be hitting a new customer base; customers who are account-based. We don’t expect to cannibalize our existing customers but will reach out to new customers that use the banks.” CEO of GKMS, Michelle Allen confirmed WU's plans to launch an online portal to Loop News Financial giants Western Union and GKMS (GraceKennedy Money Services) are partnering to launch an innovative online remittance platform WU.com. Scheduled to launch in April of 2018, the platform will allows Jamaicans to not only receive but send remittances directly from their bank accounts. But what most Jamaicans may not know is that Western Union is planning to use Ripple’s Blockchain-based settlement system, Xrapid and XRP. Folks, remember I had predicted this in my article GraceKennedy’s Innovati...
GraceKennedy’s Innovation Lab planning to launch a GK MPay cryptocurrency
Gadgets, Tech News, Internet, Caribbean Tech

GraceKennedy’s Innovation Lab planning to launch a GK MPay cryptocurrency

GraceKennedy has plans for their MPay platform. They've been buying companies left right and center with an aim to hit $100 billion in annual revenue before 2020 via acquisitions in overseas markets. The food and financial services company has 50 subsidiaries in the following territories: The Caribbean United States United Kingdom Europe Canada Africa They've already got a one-third stake in Gray's Pepper and 100% of Consumer Brands Limited with the CEO Don Wehby eyeing prospects in Trinidad and Guyana. These acquisitions have netted them $92 billion in revenue last year and $4.77 billion in net profit. Now word on the street is that they plan to go cryptocurrency with the GK MPay App, having sunk some serious cash into building out an Innovation Lab at the...
How to get Jamaicans to use Quisk, GK MPay for more than just Phone Credit
Tech News, Internet, Caribbean Tech

How to get Jamaicans to use Quisk, GK MPay for more than just Phone Credit

“We are gaining acceptance, concentrating on customer education and working on the right mix to make signing up and use of GK MPay more simple and seamless” GraceKennedy Group CEO Don Wehby commenting on the progress of GK MPay, their mobile wallet launched in February 2017 It's been 10 months since GraceKennedy launched GK MPay, their mobile wallet, in February 2017. I know as I had attended that original launch event as described in GraceKennedy Money Services launches GK MPay Mobile Money. There are now three mobile money services in Jamaica: GK MPay Quisk from National Commercial Bank Jamaica Conec from the credit unions GraceKennedy's technology partner, Flow Jamaica, is an interested active party, albeit GK MPay is Network Neutral and can be used on Digi...
FLOW Jamaica has Huawei Y3 Lite and Huawei Y3II on Sale during Easter
Tech News, Internet, Caribbean Tech

FLOW Jamaica has Huawei Y3 Lite and Huawei Y3II on Sale during Easter

Easter looks to be hot this year!! As of April 7, 2017, FLOW Jamaica has decided to give us something better than homemade Easter Bun. FLOW Jamaica is having a massive islandwide sale on the following smartphones: Huawei Y3 Lite for $2,800.00 + GCT inclusive of $400 topup when you trade in your banger and switch to Flow Huawei Y3 Lite for $3,400.00 + GCT inclusive of $400 7-Day Data plan when you switch to Flow Huawei Y3II for $5,500.00 + GCT when you purchase $700.00 a 30-Day Data plan So says this tweet on FLOWJamaica Twitter Page:   https://twitter.com/FLOWJamaica/status/850445158659350529 Click on the link http://bit.ly/FlowMobilePromo for more details; the sale basically lasts until Friday April 21st 2017! FLOW on a roll - Success from Boys and...
FLOW Jamaica and GraceKennedy Winnings a Run Promotion for GK MPay
Tech News, Internet, Caribbean Tech

FLOW Jamaica and GraceKennedy Winnings a Run Promotion for GK MPay

GraceKennedy is certainly pulling out all the stops to market their Mobile money platform, GK MPay! I’d covered the event as per my ditty GraceKennedy Money Services launches GK MPay Mobile Money. Now they're teamed up with FLOW Jamaica in their Winnings a Run Promotion as shown below. The promotion began on Friday March 17th 2017 and will end on Friday March 31st 2017. Yes folks, that’s Elaine Thompson, the 100m and 200m winner from Rio Olympics hailing from Banana Ground, Manchester on the poster! https://twitter.com/FLOWJamaica/status/764638414045970433 https://twitter.com/FLOWJamaica/status/766416882542874624 FLOW Jamaica had signed her in February 2017 as an ambassador for their brand as evident from their postings on FLOW Jamaica’s Twitter page: https://twitter....
Mobile Money: GraceKennedy gets approval from BOJ to launch GK MPay
Tech News, Caribbean Tech, Press Releases

Mobile Money: GraceKennedy gets approval from BOJ to launch GK MPay

GraceKennedy Payment Services has been granted a license by the Bank of Jamaica to take its mobile money solution to the public through GraceKennedy Money Services (GKMS) locations island wide. This comes at the successful conclusion of a nine-month pilot project which registered participation of over 250 internal customers. Branded GK MPay, the service will allow users to pay bills, pay for goods and services at retail locations, top up mobile phones, execute peer-to-peer transactions, among other transactions using their mobile phone. GK MPay will bring a host of payment options, reduce the need to manage large sums of cash on the go, and facilitate payment or money service needs without hassle, in a much shorter time period. “GK MPay is a world-class service which makes use of the...