Business News of Friday, 20 November 2020Source: www.ghanaweb.comGhana becomes first country in Africa to implement Universal QR CODE payment systemVice President, Dr Mahamudu Bawumia used the technology in Accra on Thursday, November 19Ghana has become the first African country to implement a universal quick response code (QR Code) payment system. The successful outdooring of the QR code makes Ghana the first African country to implement this remarkable digital technology. It is also historic because Ghana will be the first country in Africa to launch a Quick Response (QR) code payment system," Dr Bawumia said. How the QR Code WorksAfter paying for his waakye through the universal QR Code, Vice President Bawumia provided a detailed explanation of how it works. "The universal QR code will bring about interoperability across the telcos and all the banks and between the banks and the telcos.

Source: GhanaWeb November 20, 2020 13:30 UTC