GhIPSS Instant Pay (GIP) is a real time interbank account-to-account credit transfer service. It allows funds to be sent across financial institutions electronically from one bank account to the other as a single immediate payment.

The service is provided by financial Institutions through channels like Mobile banking APP, USSD, Internet banking, in-branch, ATM and POS devices.

GIP can be used by both Businesses & Individuals for payments for goods & services.

Benefits of GhIPSS Instant Pay

1. Provides Convenience
2. Better cash management
3. Service is available 24/7
4. Provides an audit trail of transactions
5. Recipient get value in real-time