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e-zwich

E-zwich Transfers to Mobile Money on the Increase

Transfer of funds from e-zwich card to mobile money (MoMo) wallet is on a steady rise as the public is making good use of...
Mobile Money Interoperability

Mobile Money Interoperability Closed in December with 2.2 Million Transactions

Cross network mobile money transfers were done about 2.2 million times between May and December last year, according to figures released by the Ghana...
Mobile Money Interoperability

Vodafone makes giant steps in the use of interoperability

Within the first six days of the launch of Mobile Money Interoperability, the platform recorded exactly 22,919 successful transfers, and more than half of...
Paypal

Dr. Bawumia Gives Assurance of Ghana’s Paypal-Compliant

Vice President Dr Mahamudu Bawumia has announced that Ghana has concluded discussions with renowned online payments system, Paypal, to ensure online money transfer. Paypal supports...
Mobile Money

BoG Reveals That Mobile Money Transactions Stands At GHc52.35 billion

Mobile money transactions have increased by about 177 per cent between 2013 and March 2018, reaching GHc312. 93 million and valued at GHc52.35 billion...
GhIPSS

GhIPSS urge businesses to adapt to new payment systems

Businesses would have to adapt to the changing payment system in order to support the cash-lite drive, Mr Archie Hesse, the Chief Executive Officer...
e-zwich

e-zwich payments saves companies some money – GhIPSS

Organisations and companies, which used the e-zwich to pay various remunerations, have made a lot of savings from the biometric card, the Ghana Interbank...
GhIPSS

GhIPSS Calls for More Merchants to Set Up POSes

The Chief Executive Officer of the Ghana Interbank and Payment System (GhIPSS) Mr Archie Hesse said concerted effort was required to increase the number...
The Ghana Interbank Payment and Settlement Systems

GhIPSS deploys channels to addresses digital economic agenda

Government’s drive to digitise the economy will be effectively complemented by the various payment initiatives the Ghana Interbank Payment and Settlement Systems (GhIPSS) has...
cocoa-plant

Cargill’s Now Pay Ghanaian Cocoa Farmers Through E-Money Platforms

Cargill is celebrating with more than 10,000 Ghanaian cocoa farmers as the company has made its first ever sustainable premium payment by electronic transfer...
e-zwich

Ghana’s e-zwich PDS Registers 94 Per Cent Rise

The use of e-zwich to pay salaries and other forms of emoluments christened e-zwich Payment Distribution System, (PDS) saw a 94 percent jump in...
GhIPSS

Instant Pay records over 7,000 transactions mid-year

The latest figures from Ghana Interbank Payment system (GhIPSS) suggest that in the first quarter of this year, 1,254 Instant Pay transactions took place...

Ghana Banking Awards honours Zenith and GCB for transaction in cashless and e-zwich services

The Ghana Banking Awards has adjudged Zenith Bank as the Cashless Promotion Bank of the Year and the GCB Bank as the E-zwich Bank...

Brong Ahafo begins enrolment of e-zwich agents

Enrolment of enterprises and individuals to offer e-zwich services is underway in major towns in the Brong Ahafo region. The move is to make e-zwich...

The rise of Instant Pay services

About 22 banks and four fintech companies as well as a savings and loans company are now offering the GhIPSS Instant Pay (GIP) service...

It’s about time we switched to electronic payment -GhIPSS

Mr Archie Hesse, the Chief Executive of Ghana Interbank Payment and Settlement Systems Ltd (GhIPSS), has urged Ghanaians to adopt electronic payment as a...
telecom mobile money

Mobile money companies to be merged by November 2017

The Ghana Interbank Payment and Settlement Systems (GhIPSS), a wholly owned subsidiary of the Bank of Ghana, has been tasked by government to interoperate...

Fill Text Of Ghana’s President May Day Speech

Below is the full text of President Nana Addo Dankwa Akufo-Addo’s maiden May Day Address at the Independence Square in Accra as obtained by...

Ghost Names In Payroll Cost Ghana GH¢433m Yearly

President Nana Addo Dankwa Akufo-Addo on Monday exposed the fraud perpetrated by unpatriotic Ghanaians who have caused the state to lose substantial amounts of...

E-zwich Usage Rise In First Quarter Of 2017

More people continue to use e-zwich leading to an impressive growth in patronage by over 170 per cent in the first three months of...

GhIPSS Boss Urge Public to Patronise Instant Pay,Other Related Services

The Chief Executive Officer of the Ghana Interbank Payment and Settlement Systems (GhIPSS), Archie Hesse has encouraged the public to patronise instant pay and...

Standard Chartered Bank Invest Heavily In Technology

Customers of Standard Chartered Bank Ghana can now enjoy instant transfers to the bank accounts of other banks following the Bank's successful integration of...

GhIPSS Seeks to Make Telcos Interoperability With Stakeholders Support

The Chief Executive Officer of Ghana Interbank Payment and Settlement Systems (GhIPSS), Archie Hesse, says he will work with stakeholders to enable telcos to...
Cheque

Patronage Of Express Clearing Of Cheques Increase

There is a gradual increase in the request for express clearing of cheques as patronage records a growth of 60.2 percent in 2016 compared...

GhIPSS to Reengage Ghana’s Civil Servants onto E-zwich Platform

Management of the Ghana Interbank Payments and Settlement System (GhIPSS) has expressed its readiness to roll on civil servants onto the Ezwich platform if...

Instant Pay Makes Money Transfer Easy

About 18 of the country’s banks are now able to offer the Instant Pay (GIP) service to their customers, more than twice the number...

GhIPSS to organise instant Pay User engagement

The event is to create a platform for GhIPSS to interact with stakeholders on GIP and to explain to them its potential as a...

Express Clearing of Cheques Increased to 80 Percent

The latest statistics is contained in the half year report of Ghana Interbank Payment and Settlement Systems (GhIPSS). The increase in volume of the express...
From left to right:, Abiola Bawuah, Chief Executive Officer of United Bank for Africa (UBA) Ghana; Chief Executive Officer of Digital Jewels, Adedoyin Odunfa; and Archie Hesse, CEO of Ghana Interbank Payment and Settlement System (GHIPSS)

Banks must follow standards to win fight against electronic fraudsters

Some of the standards are the Payment Card Industry Data Security Standard (PCIDSS) and the global Information Security Management Systems standard (ISO27001), which ensures...

GHIPSS receives support from Ingenico to develop Ghana’s financial inclusion

Ingenico Group the global leader in seamless payments, has developed for the past years a strong partnership with Ghana Interbank Payment and Settlement Systems...