Mobile Money Interoperability Phase II rolls out Nov 28

BY: Enoch Darfah Frimpong
Minister of Information, Mr Kojo Oppong Nkrumah
Minister of Information, Mr Kojo Oppong Nkrumah

The second phase of the Mobile Money Interoperability is completed and expected to be rolled out on Wednesday November 28, 2018.

The Minister of Information, Mr Kojo Oppong Nkrumah who made this known at a media briefing on Sunday afternoon said government has initiated moves to include various payment platforms. 

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In March 2017, the Mobile Money Interoperability Project was commissioned by the Vice President, Dr Alhaji Mahamudu Bawumia.

The interoperability platform was necessitated to allow a seamless flow of transactions across mobile money, bank and other payment systems.

To further create convenience and rope in mobile money users into the core financial ecosystem, the government initiated a move to create interoperability among the various payment platforms in Ghana.


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GhIPSS was tasked to lead the project. Together with the three mobile Money Operators: MTN, Vodafone and Airtel/Tigo, and financial institutions, Ghana’s Universal Interoperability under the concept, Financial Inclusion Triangle, has been successfully implemented.

The project was executed in 2 phases;

Phase one (1) saw the interconnection of the mobile money platforms and the Ghana National Switch (gh-link system). It made it possible for customers to send MoMo across networks and from MoMo wallet to bank account and vice versa. Over 1.3 million transactions have been recorded so far on the

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Phase 1 platform.

Phase two (2) has completed the interconnection between Mobile Money and ezwich (Ghana’s biometric smart card system). This makes Ghana one of the few countries to achieve this Universal Interoperability. Phase two completes the Financial Inclusion Triangle that connects bank accounts, MoMo wallet and ezwich.

How it works

Mobile Money subscribers and e-zwich cardholders wishing to move money across these payment platforms can now do so seamlessly from their phones or any e-zwich device such as Poses at the banks and agent locations.

Similarly, the interconnection of mobile money and e-zwich platforms, to the gh-link platform means customers can conveniently move funds across all three platforms: bank accounts, Mobile Money wallets and e-zwich cards.

With the successful roll out of phase II, Customers will be able to send and receive money directly from each other irrespective of the payment platform they are on; allowing them more accessibility and convenience. Achieving this level of Interoperability, contributes to digitizing cash in the Ghanaian economy, increasing efficiency of payments, and improving financial inclusion by bridging the gap between the banked and unbanked.

It will also enable free flow of funds between and among all the three platforms; allowing the banked and the unbanked to interact at the same level.

The interconnection of the 3 platforms creates a world of opportunities for Fintechs to develop a plethora of services/payment solutions for the public.

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