Ghana Interbank Payment and Settlement Systems (GhIPSS) has introduced two new payment services called gh-link e-Commerce and GhIPSS Instant Pay.

The gh-link e-Commerce platform will enable local businesses in commerce and service industry to receive payments and donations online from domestic automated teller machine cards.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

GhiPSS Instant Pay will allow customers to instantly send funds from one bank account to another, irrespective of the bank. It will also facilitate transactions, as funds transferred through this medium would be credited to the account of the recipient instantly.

The Bank of Ghana governor Henry Kofi Wampah said the roll out of the two products was a further demonstration of a cashless agenda and the move to modernize the payment system.

GhIPSS CEO Archie Hesse said: "Today, we are confident that by enabling the domestic ATM to be accepted for payment online a major void has been filled. This should serve as an encouragement for potential e-commerce companies to start re-aligning their business strategy for the future."