Ghana links m-payments to national switch

Tuesday 31 December 2013 08:15 CET | News

Ghana has unveiled plans to introduce mobile payments solutions following enhancements to the countrys interbank switching and processing system by Bank of Ghana subsidiary Ghana Interbank Payment and Settlement Systems, or GhIPSS.

GhIPSS developed GH-Link mobile in collaboration with the Nigerian payment company eTranzact. The introduction of GH-Link mobile is part of GhIPSS mandate to transform Ghana into an electronic payments society.

GH-Link is a national interbank switching and processing system that interconnects the switches of some financial service providers to third party institutions, launched in January 2013,

In recent news, eTranzact and Multichoice Ghana have teamed up to roll out Easy Pay, an online payment platform for monthly DStv and GOtv subscriptions.

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Keywords: Ghana, m-payments, national switch, GhIPSS, gh-link, Bank of Ghana, mobile payments, eTranzact
Categories: Payments & Commerce
Countries: World
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