Payment systems
Bawumia Petitioned Over GHC4.6bn BoG Contract
An Accra-based radio station, Citi 97.3 FM, has appealed to Vice President Dr. Mahamudu Bawumia to launch an...
E-Zwich Patronage Grew By 140% In 2016
The use of the biometric smart card, e-zwich, experienced exponential growth last year after series of mechanisms were...
Retail Payment Contract Genuine – BoG
The Bank of Ghana has explained that its recent decision to engage a third-party firm to interconnect mobile money...
BoG ?4.6bn Saga: I Don’t Know Who Owns Sibtons Switch
The Bank of Ghana has mounted a spirited defence for a controversial ?4.6 billion contract to a private company to...
Ghanaians In UAE Most Generous Long Distance Lovers
New data released this Valentine’s Day season by money transfer service WorldRemit shows that Ghanaians living in the...
Ghana’s Modern Payment Regime
The current Payment system in Ghana refers to the entire matrix of institutional infrastructure arrangements and...
BoG In GHc4.7bn Dodgy Contract
The Bank of Ghana (BoG) has awarded a multi-billion-cedi contract to Sibton Switch Systems Limited to implement a...
Retail Payment Systems Infrastructure To Be Deployed In Ghana
Funds transfer and electronic payment in Ghana is expected to be enhanced soon when the Retail Payment Systems...
New Retail Payment Systems Infrastructure To Be Deployed In Ghana
The money transfer market and the electronic payment system is expected to receive a major boost with the deployment of...
Sibton Defends GHc 4.6 Bn Mobile Money Contract With BoG
Sibton Switch Systems, the company given the contract to enhance interoperability in mobile money transactions across...
BoG Swerves Own Subsidiary In Mobile Money Deal
Enquiries made by the B&FT have established that the Ghana Interbank Payment and Settlement Systems (GhIPSS), can...
Instant Pay Is Game Changer For Banks
Banks in Ghana could ride on the back of the Instant Pay service to reduce any threat posed by mobile money services,...
BoG To Curb Identity Fraud Through Biometric Verification
The Bank of Ghana is speeding up efforts to introduce biometric verification in the banking sector to combat incessant...
Telcos Kick Against Mobile Money Intermediary
Telecom operators in the country are unhappy about moves by the central bank to impose on them a third-party company...
How Serious Do Banks Take It?
By Charles Benoni Okine A public servant runs two accounts with two separate banks in the country. She does that not...
Instant Pay Service Tops the Agenda In 2017
The Management of Ghana Interbank Payment and Settlement Systems (GhIPSS) said it would embark on aggressive public...
BoG To Move Banks Payment System To EMV
The Bank of Ghana(BoG) has announced plans to migrate all payment systems of banks in the country from magnetic chip to...
BoG To Move Bank Payment Systems To EMV
The Bank of Ghana(BoG) has announced plans to migrate all payment systems of banks in the country from magnetic chip to...
BoG To Move Banks Payment System To EMV
The Bank of Ghana(BoG) has announced plans to migrate all payment systems of banks in the country from magnetic chip to...