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The Ghana Interbank Payment and Settlement Systems (GhIPSS), a subsidiary of the Bank of Ghana, and partner institutions have embarked on public education to create awareness and to drive patronage of Ghana’s Universal Quick Response code for payment.
Vice-President Mahamudu Bawumia launched the GhQR last year to add up to Ghana’s existing electronic payment channels as part of the larger cash-lite agenda.
The use of GhQR is expected to experience significant growth as more than 15 institutions, comprising 11 financial institutions and four payment service providers had gone live with the service.
Speaking on the development, Mr Archie Hesse, Chief Executive of GhIPSS, commended the institutions that have gone live with the service and expressed hope that the remaining players in the industry would quicken their processes to enable customers to enjoy the service.