GK MPay is a mobile money service that allows users to conduct monetary transactions, including paying for goods and services, from a virtual account fully backed by funds in a bank account. GK MPay is not mobile banking. Mobile banking requires customers to have an account at a financial institution, while a mobile money service allows access to funds in a regulated virtual account.
However, customers must first go into an agent location with a government issued photo i.d. and their Taxpayer Registration Number (TRN) to register for the service before it is operable.