The Brong-Ahafo Regional Secretary of the New Patriotic Party,
Mr Kofi Ofosu Boateng has said the "tremendous work done”, by the presidency has bore fruits barely five months into the introduction of the mobile money interoperability service in the country .
His comments follow latest data from the Ghana Interbank Payment and Settlement System (GhIPSS), which indicates that over 1.1 million transactions
According to GhlPSS in its first month of operations, only 96 thousand transactions took place but that figure has risen steadily over the period to over 312,000 transactions in the month of September alone.
The Chief Executive of GhIPSS, Archie Hesse said the continuous growth in the volume of transactions clearly shows that the mobile money interoperability came to
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The Vice President, Dr Mahamudu Bawumia last year issued a challenge to the Bank of Ghana, the Ghana Interbank Payment and Settlement Systems (GhIPSS), the Telcos and financial institutions to ensure that mobile money platforms were interoperable to make banking services more accessible to the large unbanked population, estimated to be about 70
Launching the mobile money interoperability system in may this year,
Speaking to some media men in Sunyani in the Brong Ahafo Region,
He said the
It is informative to stress that as part of the commitment and determination by