The Chief Executive Officer of Ghana Interbank Payment and Settlement Systems (GhIPSS), Archie Hesse, has accepted the challenge thrown by the Vice President, Mahamudu Bawumia, that stakeholders...
The Bank of Ghana (BoG) is alarmed at the rising spate of card fraud and defalcation in the banking sector that is threatening the integrity of the financial system. Fraud remains a major operational...
The Ghana Cocoa Board (COCOBOD) has debunked his claims being made by some Licensed Buying Cocoa Companies (LBCs) in the Ashanti Region that it has failed to pay them for produce supplied. According...
The Ghana Co-Operative Credit Unions’ Association has announced plans to push for its own inter payment and settlement platform in the short to medium term. The association aims to carry out the...
The central bank has reportedly put on hold the billion-dollar deal it handed to Sibton Switch, a local IT firm, to interconnect all payment systems in the country, following public outcry over...
Former deputy Finance Minister, Mona Quartey has dismissed reports that the central bank is paying Sibton Switch Systems Limited to implement a retail payment system infrastructure in Ghana. The...
The arrears, according to the hospital’s management, have had a toll on day to day running of the hospital over the past 12 months. In a Citi News interview, the Medical Director of the Hospital,...
The management of the Princess Marie Louise Children’s Hospital in Accra, has revealed the National Health Insurance Authority (NHIA) owes it over GHc 500,000. The arrears, according to the...
The Bank of Ghana has explained that its recent decision to engage a third-party firm to interconnect mobile money retail payment was taken in the best interest of the economy. The bank said it was...
The current Payment system in Ghana refers to the entire matrix of institutional infrastructure arrangements and processes in a country set up to enable economic agents (individuals, businesses,...
The Bank of Ghana (BoG) has awarded a multi-billion-cedi contract to Sibton Switch Systems Limited to implement a retail payment system infrastructure in Ghana. The contract, which is seen by many...
The money transfer market and the electronic payment system is expected to receive a major boost with the deployment of a new retail payment systems infrastructure that will soon be rolled out. The...
Sibton Switch Systems, the company given the contract to enhance interoperability in mobile money transactions across telecom networks by the Bank of Ghana, has justified the GHc 4.6 billion cost of...
Enquiries made by the B&FT have established that the Ghana Interbank Payment and Settlement Systems (GhIPSS), can handle the intermediary role in across-network mobile money transactions, a...
Management of the Ghana Interbank Payments and Settlement System (GhIPSS) has expressed its readiness to roll on civil servants onto the Ezwich platform if approved by the Controller and Accountant...
Management of the Ghana Interbank Payments and Settlement System (GhIPSS) has expressed its readiness to roll on civil servants onto the Ezwich platform if approved by the Controller and Accountant...
The Management of Ghana Interbank Payment and Settlement Systems (GhIPSS) said it would embark on aggressive public education to whip up interest in the Instant Pay Service as part of efforts to...
The Bank of Ghana (BOG) has inaugurated a Payments Systems Council (PSC) under its Payments Systems Department to help drive the development of efficient and safe electronic payment systems in...
Scores of contractors earlier Friday morning, besieged the residence of President John Dramani Mahama, demanding payment for projects they executed for the government of Ghana. According to the...
About 18 of the country’s banks are now able to offer the Instant Pay (GIP) service to their customers, more than twice the number that could do so as at August this year. This means that more...
