Business Hilights

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Ghana Interbank Payment and settlement Systems (GhIPSS)

Mobile money
ICT

How mobile money interoperability changed the game of financial inclusion in Ghana

Since the Ghanaian government flagged off mobile money interoperability (MMI) in May, narrative in the financial inclusion space has changed for the better as every mobile phone owner now sends and receives money with ease across the networks. According to…

Ghana leading in appetite for electronic payments in W’Africa

The geometric surge in uptake of cross network mobile money transactions in Ghana since the launch of Mobile Money Interoperability (MMI) in May this year, has shown that use of digital payment platforms is rising in the economy more than…

Fintech 55
ICT

How mobile money interoperability, GIP in Ghana push up financial inclusion

Barely three months after the launch of Mobile Money Interoperability (MMI) in Ghana, there has been surge in financial inclusion across all strata of the Ghanaian economy and society. This is further pushed up by the GhIPSS Instant Pay (GIP)…

BoG Yedu Addison
ICT

Ghana sees surge in financial inclusion, e-transactions after launch of interoperability

Latest figures obtained from the Ghana Interbank Payment and Settlement Systems (GhIPSS) on Wednesday by Business Hilights Ghana Bureau chief have shown that electronic transactions and transfers from one mobile network to another have gone haywire in terms of growth…

Ghana Bawumia
ICT

Ghana deepens e-transactions one week after launch of mobile money interoperability

Barely one week after the launch of mobile money interoperability (MMI) platform in Ghana, details from the Ghana Interbank Payment and Settlement Systems (GHiPSS), has revealed massive rise in transaction which translates to boom in financial inclusion. The agency said…

BoG urges banks, mobile money operators to develop attractive mobile-based services

Governor of Bank of Ghana (BoG), Dr Ernest Addison, has called on commercial banks and mobile money operators in Ghana to ride on the excellent growth of mobile money in the country to raise their bar in developing more eye-catching…

Ghana Bawumia
ICT

Ghanaian VP, Bawumia to launch mobile money interoperability May 10

Ghana is seriously deepening its policy of financial inclusion via mobile money with glaring indications of emerging West Africa’s digital economy champions ahead of Nigeria. First successful move to this mission in Ghana is the official position of government to…