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Mr Archie Hesse

Remote electronic payment key to Covid-19 fight in 2021

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Making payments remotely or without contact is proving to be one effective way to deal with Covid-19 as the New Year beckons. Such...
Ghana Interbank Payments and Settlement Systems (GhIPSS)

Invest in e-payments ahead of the yuletide –GhIPSS

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Business owners are being urged to make electronic payment services available at their shops and offices to offer customers the opportunity to make payments...
Ghana Interbank Payments and Settlement Systems (GhIPSS)

GhIPSS introduces Near Real Time Payment platform for bulk payments

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The Ghana Interbank Payments and Settlement Systems (GhIPSS), a subsidiary of the Bank of Ghana, has introduced a Near Real Time (NRT) Automated Clearing...
Ghana Interbank Payments and Settlement Systems (GhIPSS)

GhIPSS introduces new platform to enable bulk payments in 15 minutes

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You can do bulk payment in 15 minutes now The Ghana Interbank Payments and Settlement Systems (GhIPSS), in collaboration with all banks in the country,...
Mobile Money Interoperability

Mobile Money Interoperability transactions rise 400 percent in six months

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The volume of Mobile Money Interoperability (MMI) transactions jumped over 444 percent in the first half of this year compared to the same period...
GhIPSS

GhIPSS Instant volume up by 600 percent in first half of the year

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The Ghana Interbank Payment and Settlement System, a subsidiary of the Bank of Ghana, says its GhIPSS Instant Pay (GIP) has gone up by...
GOIL Service Station

COVID-19: GOIL advocates for cashless transactions at Filling Stations

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Mr Kwame Osei Prempeh, Group Chief Executive Officer, GOIL Company Limited, has said amidst COVID-19 pandemic, the need to eliminate the use of physical...
Technology Conference

GCB Bank sponsors Mobile Technology for Development Conference

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GCB Bank, the first bank with mobile money services in Ghana, is sponsoring the maiden edition of the Mobile Technology for Development Conference (MT4D)...
Economics Ghipss Code

Talk to your banks to set you up for QR Code – GhIPSS

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The Ghana Interbank Payment and Settlement Systems (GhIPSS) has advised merchants- super markets, pharmacies, restaurants and hotels, to talk to their bankers to help...

GhIPSS concluding preparations for the launch of QR code next month

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The Ghana Interbank Payment and Settlement Systems (GhIPSS) is wrapping up preparations for the launch of the universal QR code next month, Mr Archie...

GhIPSS mulls more real time payment products in 2020

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There is continuous growth in the volume of GhIPSS Instant Pay (GIP), emphasising customers’ preference for real time payment, the 2019...
GhIPSS

Embrace electronic payment as a life style in 2020 – GhIPSS

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The Chief Executive of Ghana Interbank Payment and Settlement Systems (GhIPSS), Mr Archie Hesse, has urged the public to adopt electronic payment as a...
GhIPSS

Verve Launches Cross Border Service with GhIPSS in Ghana

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Celebrates Partnership with GhIPSS Verve, a leading payments technology and card business in Africa, has partnered with the Ghana Interbank Payment and Settlement Systems Limited...
Verve logo

Verve Cross Border Launch – Address By Mike Ogbalu III

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Good morning esteemed ladies and gentlemen, partners, colleagues in the financial industry and distinguished members of the Press. I want to recognize the presence of...
mobile money

Mobile money Interoperability records over 1 million transactions in September

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Mobile money transactions across networks referred to as mobile money interoperability (MMI) recorded over one million transactions in September this year, the highest volume...
LEAP household beneficiaries receive payment

Gender Ministry introduces electronic reporting system for paying LEAP beneficiaries

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The Ministry of Gender, Children and Social Protection (MGCSP) has developed a digitised electronic monitoring and reporting systems for payment of beneficiaries under the...
e-zwich

E-zwich Transfers to Mobile Money on the Increase

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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...