Ghana Banks To Connect To Mobile Payments Platforms In 2014

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Written by Kevin Mwanza

From BiztechAfrica

It will be possible for all bank customers to make payments from their mobile phone fromĀ  next year, the Chief The Executive of Ghana Interbank Payment and Settlement Systems (GhIPSS), Mr Archie Hesse, says this follows the development of a gh-link mobile payment system by GhIPSS in collaboration with e-transact.

The gh-link platform introduced by GhIPSS interconnects all the banks and therefore any service available on the electronic platform will be available to the banks.

Currently a few banks have introduced the mobile phone payment system, but with the gh-link platform, all other banks will be able to provide the service.

The mobile phone payment systems will link customers phones to their bank accounts and enable them to make payments from their mobile phones.

The payment system is intended to create more convenience for bank customers and encourage more people to keep bank accounts.

Mr Hesse explained that the system has already been developed and would be tested early next year before it will go live.

Read more at BiztechAfrica