GhIPSS impending version, which is its flagship initiative for 2020 is known as Ghana’s Interoperable QR Code solution (GhQR) and will provide a standardized specification for interoperable payments across the country. Four other interoperable products accessible nationwide by customers of financial payments services providers are also scheduled to commence in 2020. Another is Proxy Pay, an overlay service on the GhIPSS Instant Pay service. RTP will leverage on GhIPSS existing Instant Pay service to facilitate instant payments by customers to their service providers. “GhIPSS remains committed to partnering the financial services industry to embrace and develop services that will meet customer demands” assures Archie Hesse, CEO.

Source: GhanaWeb January 29, 2020 09:56 UTC