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Central bank officials and switch operators from African countries were in Ghana to learn from the national payment infrastructure provider

Central bank officials and switch operators from six African countries were in Ghana last week, to learn from the national payment infrastructure provider, Ghana Interbank Payment and Settlement System ltd (GhIPSS). The officials were from Burundi, Democratic Republic of Congo, Rwanda, Sierra Leone, and switches such as Rwanda Rswitch, Zambia…

Representatives of central banks and payment switch operators from select African countries are in Ghana to study its instant and interoperable payment solution, Ghana Interbank Payments and Settlement System (GhIPSS) that is among the most advanced in the continent. The peer learning visit, organized by AfricaNenda, in partnership with GhIPSS,…

According to the report, GhIPSS Instant Pay is ranked under “progressed inclusivity” as it not only meets the fundamental Instant and Inclusivity Payment System criteria but also provides inclusive functionality that supports the most widely used channels and essential transactions

GhIPSS Instant Pay (GIP) has been ranked the most advanced on the African continent per the financial inclusivity criteria outlined in the the State of Instant and Inclusive Payment Systems (SIIPS) report for 2022 by AfricaNenda. In 2021, the SIIPS Report adjudged the Ghana the only country to have reached…