Powering Ghana’s Digital Payment Infrastructure with Secure, Interoperable Systems

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Blog List

Industry Performance

In 2025, GhIPSS processed 530 million transactions, representing a 31.7% increase over the 402.5 million transactions recorded in 2024. Total transaction value reached GHS 1.73 trillion, marking a 50% year-on-year growth from GHS 1.15 trillion. The scale and pace of growth in 2025 reflect three structural shifts in Ghana’s payment ecosystem: Increased reliance on real-time […]

Platform Spotlight Deep Dive

Bulk Payments made easy with GIP Payment Distribution Module (PDM) What is the GIP PDM? The Payment Distribution Module (PDM) is a comprehensive bulk payment solution that enables Financial Institutions and Corporate Organisations to transfer funds to multiple recipients efficiently through one integrated platform.It supports payments such as: Insurance claim settlements Employee payroll Promotional payments […]

Infrastructure Update

ISO 20022: Why It Matters for the Industry ISO 20022 is the global messaging standard for financial transactions. It provides a common language and structured data format that improves how payment information is transmitted, interpreted, and processed across financial institutions. For Ghana’s payment ecosystem, alignment with ISO 20022 represents an important step in modernising our […]

External NewsLetter Q 1 2026

Message from the Chief Executive Dear Partners, As we progress through the first quarter of 2026, I want to express my sincere appreciation for your partnership. The year-on-year growth recorded across our platforms is a testament to our industry’s collaboration and the deepening confidence in the shared systems we manage. The past year demonstrated the […]

Trust, Intelligence, and Infrastructure: The New Foundations of Modern Payments

The 2025 Payments Trends Report shows a global payments industry at a turning point: digital payments are now universal, but the real battle is shifting to trust, intelligence, and technology-driven advantage as fraud rises, consumer behaviour fragments, and new infrastructures reshape how money moves.For payment ecosystems, this shift places infrastructure providers at the centre of […]

Key trends and opportunities for promoting Financial Inclusivity

Several emerging trends and innovations affect Instant Payment Systems (IPS) inclusivity. They suggest opportunities for expanding IPS access and the use of instant payments. These trends play out at the market, system, and consumer levels.

Data protection is not just part of what we do; it is central to who we are.

As a national switch, safeguarding data is not optional; it is fundamental to the integrity, trust, and efficiency of payment systems. Every transaction, settlement, and service depends on security, lawfulness, and responsibility for data processing.

GhIPSS Strengthens leadership with CTIO and Advisor Appointments

GhIPSS Strengthens leadership with CTIO and Advisor Appointments GhIPSS has announced the appointment of Emmanuel Kwaben Owusu as Chief Technology and Information Officer (CTIO) and Kwadwo Ntim as Advisor to the Chief Executive on Emergent Technologies, reinforcing its commitment to innovation and digital transformation in Ghana’s payments ecosystem. The appointments are expected to strengthen the […]

GhIPSSAnnounces Executive Leadership Appointments

GhIPSS Announces Executive Leadership Appointments GhIPSS has announced new executive leadership appointments as part of its strategy to strengthen its operational capacity and support growth across Ghana’s digital payments ecosystem. Download Press Release

GhIPSS Vendor Onboarding Announcement

FOR IMMEDIATE RELEASE GhIPSS Announces Vendor Onboarding for Inclusion in Approved Vendors Database Accra, Ghana – March 2026 Ghana Interbank Payment and Settlement Systems (GhIPSS), operating under the mandate of the Bank of Ghana and in accordance with the Payment Systems and Services Act, 2019 (Act 987), invites reputable, compliant, and technically capable vendors to […]

Clara B. Arthur Appointed CEO of GhIPSS

FOR IMMEDIATE RELEASE Mrs. Clara B. Arthur Appointed Chief Executive Officer of Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) Accra, Ghana – August 5, 2025 The Board of the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS), a subsidiary of the Bank of Ghana, is pleased to announce the appointment of Mrs. Clara B. […]

Press Release – July 1, 2025

FOR IMMEDIATE RELEASE ARCHIE HESSE BOWS OUT AS CEO OF GHANA INTERBANK PAYMENT AND SETTLEMENT SYSTEMS (GhIPSS) July 1, 2025 – Accra, Ghana The Board and Management of Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) today announced the retirement of Mr. Archie Hesse as Chief Executive Officer, effective July 1, 2025, after nearly two […]

GhIPSS Presents Dividend to Bank of Ghana, Reinforcing Confidence in Ghana’s Digital Payment Ecosystem

Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) has presented a dividend of GH¢14.58 million to its sole shareholder, the Bank of Ghana, following another year of strong financial and operational performance.

GhIPSS and Pan Africa Savings and Loans Deepen Strategic Collaboration to Advance Financial Inclusion

The Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) hosted the Chief Executive Officer of Pan Africa Savings and Loans, Jacqueline Mpare, for a high-level courtesy visit aimed at strengthening collaboration within Ghana’s financial services ecosystem and advancing shared goals for financial inclusion and digital transformation.

Building a Connected Payments Ecosystem for every African

Africa’s digital financial future will be defined by how easily money moves across borders, not just for governments and large corporations, but for everyday people, traders and small businesses that power the continent’s economy.

GhIPSS CEO Champions Fintech Investment at Ghana–UK Investment Summit

London, UK- The Chief Executive Officer of GhIPSS, Clara Arthur, has highlighted Ghana’s growing attractiveness as a destination for fintech investment, citing the country’s progressive regulatory environment and robust digital payment infrastructure as key enablers of innovation and growth.

GhIPSS commemorates 19 Years of Powering Ghana’s Digital Payment Transformation

GhIPSS has marked 19 years of driving Ghana’s digital payments transformation on 27 May, reinforcing its position as a key backbone of the country’s financial infrastructure while setting its sights on the milestone of 20 years of enabling seamless electronic payments and financial inclusion nationwide.

GhIPSS Joins Africa in Celebrating AU Day, Reflecting on Unity, Progress and Shared Growth

In a colourful display of African heritage and brightly adorned traditional garments, GhIPSS joined millions across the continent to celebrate and commemorate AU Day, in alignment with spotlighting the values of unity, collaboration, resilience, and collective progress that continue to shape Africa’s development journey.

ADB EXCO Members Pay Courtesy Call on GhIPSS CEO to Discuss Growth Opportunities and Collaboration

The Executive Committee (EXCO) members of ADB paid a courtesy call on the Chief Executive Officer of GhIPSS, Mrs. Clara Arthur, to discuss new growth opportunities and strengthen collaboration aimed at advancing digital payments and financial inclusion in Ghana.

GhIPSS CEO Urges Stronger Support for Women-Led Innovation at Women in Tech Accelerator Launch

The Chief Executive of the Ghana Interbank Payment and Settlement Systems (GhIPSS), Mrs. Clara Arthur, has called for stronger support for women-led innovation and entrepreneurship, emphasizing the need to close persistent funding and capacity gaps affecting female founders.

From KYC to eKYC: Ghana’s Digital Identity Push Gains Momentum at ID4Africa 2026

At the 2026 ID4Africa Conference in Abidjan, Ghana’s progress in digital identity and financial inclusion drew significant attention as stakeholders across the continent examined how to build stronger trust systems in an increasingly real-time digital economy.

From Infrastructure to Interoperability: GhIPSS Shapes Conversations on Africa’s Digital Financial Future at 3i Africa Summit 2026

A conversation with a trader at Makola Market helped frame the keynote address delivered by the Chief Executive of GhIPSS, Clara B. Arthur, at the 3i Africa Summit 2026.

3i Africa Summit 2026: GhIPSS Positions Ghana at the Centre of Africa’s Digital Financial Integration

Ghana is positioning itself as a leading hub for Africa’s digital financial integration, with Ghana Interbank Payment and Settlement Systems (GhIPSS) advancing plans to strengthen cross-border payment interoperability across the continent.

GhIPSS CEO Speaks at SWIFT PMI Event in Nairobi

The CEO of GhIPSS, Mrs. Clara Arthur, joined payment systems directors and central bankers at the SWIFT Payment Market Infrastructure (PMI) event held at the Kenya Monetary Institute in Nairobi, where she spoke on “Advancing Instant and Interoperable Payments in Africa.”

Government Moves to Fully Digitise Public Payments with GIFMIS and GhIPSS Integration

The Government of Ghana has taken a major step toward modernising public financial management with the signing of a Service Level Agreement to integrate the Ghana Integrated Financial Management Information System (GIFMIS) with the Ghana Interbank Payment and Settlement System (GhIPSS).

GhIPSS CEO Advocates Stronger CrossBorder Payment Infrastructure at Inclusive FinTech Forum

At the Inclusive FinTech Forum in Kigali, GhIPSS CEO Mrs. Clara B. Arthur joined industry leaders for a conversation on Scaling Beyond Borders in Pan African FinTech. Representing Ghana’s national payments ecosystem, she shared insights on what is required to accelerate sustainable fintech growth across the continent.

GhIPSS Hosts Delegation from HPS During Courtesy Visit

GhIPSS was pleased to host the Chief Executive Officer of HPS, Abdeslam Alaoui, together with members of their team, during a courtesy visit to our Head Office.

MoMo from MTN Ghana Leadership Visits GhIPSS

A delegation from MobileMoney Limited (MoMo), MTN Ghana, led by its Chief Executive Officer, paid a working courtesy visit to the offices of Ghana Interbank Payment and Settlement Systems (GhIPSS).

Republic Bank Ghana Pays Courtesy Call on GhIPSS

Republic Bank Ghana paid a courtesy call on Ghana Interbank Payment and Settlement Systems (GhIPSS), led by its Managing Director, Dr. Benjamin Dzoboku (PhD), together with members of the Bank’s leadership team.

FirstBank Ghana Pays Courtesy Call on GhIPSS

FirstBank Ghana paid a courtesy call on Ghana Interbank Payment and Settlement Systems (GhIPSS). The delegation was received by our Chief Executive, Mrs Clara B. Arthur and members of the GhIPSS senior leadership team.

GHASALC Pays Courtesy Call on GhIPSS

GhIPSS received a delegation from the Ghana Association of Savings and Loans Companies (GHASALC) on a courtesy visit aimed at strengthening institutional collaboration.

GhIPSS Hosts UNCDF and Bank of Sierra Leone Delegation on Study Visit.

The Ghana Interbank Payment and Settlement Systems (GhIPSS) has hosted a delegation from the United Nations Capital Development Fund (UNCDF) and the Bank of Sierra Leone on a study visit aimed at learning from Ghana’s experience in implementing interoperable payment platforms and managing a national payments switch.

Central Bank of Liberia Governor Leads Delegation for Visit to GhIPSS

The Governor of the Central Bank of Liberia (CBL), Mr. Henry F. Saamoi along with a high-level delegation, paid a visit to Ghana Interbank Payment and Settlement Systems Ltd. (GhIPSS).

IWD25: Bridging the financial divide: How Ghana Pay’s mobile banking is empowering women

Across Ghana, the adoption of digital financial services is reshaping how individuals—particularly women—interact with money.

GhIPSS reshapes financial landscape with innovative solutions

Ghana’s financial ecosystem is undergoing a profound transformation, driven by pioneering efforts of the Ghana Interbank Payment & Settlement Systems (GhIPSS).

Ghipss Instant Pay Emerges as Catalyst in Ghana’s Digital Payments Surge

Ghana’s transition toward a cashless economy has accelerated dramatically, with Ghipss Instant Pay (GIP) driving unprecedented growth in digital transactions.

GhIPSS hosts Kenyan Central Bank on study tour, promoting collaboration in Payment Systems Development

The Ghana Interbank Payment and Settlement Systems Ltd (GhIPSS) recently hosted a seven-member delegation from the Central Bank of Kenya on a study tour aimed at exploring how Ghana has modernised its payment systems.

GhIPSS guarantees safe transactions on GhanaPay Mobile money services

GhanaPay Mobile Money service was introduced in June 2022 by the Ghana Association of Banks in collaboration with GhIPSS. This collaboration means that customers can register for GhanaPay Mobile Money and decide which financial institution they wish to own a wallet with.

GhanaPay Mobile Money Gains Traction as Secure, Cost-Efficient Digital Wallet

Launched in June 2022 through a partnership between the Ghana Association of Banks and the Ghana Interbank Payment and Settlement Systems (GhIPSS), GhanaPay Mobile Money is reshaping digital finance by allowing users to directly engage with banks via mobile wallets-even without a traditional bank account.

Fostering Unity and Inclusion GhIPSS hosts Iftar for Adabraka Muslim Community

The Ghana Interbank Payment and Settlement Systems (GhIPSS) has marked its continued commitment to community engagement by joining the Muslim community in Adabraka for an Iftar gathering during this year’s Ramadan.

GhanaPay Sponsored Wallet Provides Controlled Spending Solution for Parents and others

Parents and individuals looking to provide financial support in a controlled manner can now benefit from the new GhanaPay mobile money feature called the Sponsored Wallet Service.

GhanaPay Crowdfunding: Ideal for Alumni and Group Fundraising Activities, Says GhIPSS

Pooling resources for various campaigns has become significantly easier with the introduction of the GhanaPay Crowdfunding feature. This service provides a transparent way to pool resources/funds for projects with audit trails that ensure every pesewa raised can be accounted for.

Ghana’s Payment Leader, GhIPSS and CEO Archie Hesse Recognized at GITTA

The Ghana Interbank Payment and Settlement Systems (GhIPSS) and its Chief Executive Officer (CEO), Mr. Archie Hesse, were recognized for their outstanding contributions to the payment systems industry at the 13th Edition of the Ghana Information Technology and Telecom Awards (GITTA).

GhIPSS rolls out gh-link Mothers’ Day promo

Ghana Interbank Payment and Settlement System (GhIPSS) has launched a special Mothers’ Day promotion in collaboration with Melcom, China Mall, Stadium Gate and all partner financial institutions, offering exciting rewards for customers who shop and pay with a gh-link card at selected outlets across the country.

GhIPSS CEO awarded at the Arab-Afro Digital Payment summit

Archie Hesse, CEO of Ghana Interbank Payment and Settlement Systems (GhIPSS), has received the prestigious Best Leadership in Payment Regulatory Anglophone award at the Arab-Afro Digital Payments Symposium, Exhibition & Awards in Morocco.

GhIPSS Head of Finance awarded for his Outstanding Contribution to Public Finance

The Head of Finance at the Ghana Interbank Payment and Settlement System (GhIPSS), Mr. Bright Kyei Adomakoh, was honoured with the prestigious “Outstanding Contribution to Public Finance” award at the 2024 InstinctBusiness CFO Summit and Awards.

GhanaPay introduces savings wallet with a competitive interest rate.

Users of the GhanaPay mobile money service can now enjoy the benefits of a savings wallet, which offers attractive monthly interest rates. This development follows the successful implementation of the GhanaPay savings wallet, as disclosed by the officials of the Ghana Interbank Payment and Settlement Systems (GhIPSS).

GhIPSS receives outstanding CEO Award

The Chief Executive Officer (CEO) of Ghana Interbank Payment and Settlement Systems (GhIPSS) Archie Hesse has once again been recognised with a prestigious award, this time as the Outstanding Digital Payment Technology CEO of the year. The Ghana Entrepreneurs Foundation bestowed this honour upon him, celebrating his exceptional leadership in guiding GhIPSS over nearly 12 […]

GhIPSS CEO receive life time achievement award at Ghana Fintech awards

Mr. Archie Hesse, the Chief Executive of Ghana Interbank Payment and Settlement Systems Ltd (GhIPSS), was honored with the Lifetime Achievement Award for his outstanding contribution to the digitalization of payments and financial inclusion at the Ghana Fintech Awards 2023 held over the weekend.

Banks Urged to prominently display Near Real Time ACH Direct Credit Services on digital channels

Financial institutions have been urged to boldly showcase ACH Direct Credit Near Real Time (NRT) services on their digital platforms to facilitate easy access for customers. Highlighting and appropriately labelling the NRT option, will raise awareness among customers about this payment service, encouraging its utilization.

GhIPSS organizes gh-link Val’s day promo at specific shopping outlets

Shoppers using gh-link cards during the Valentine period, from February 14 to 17, 2024, will enjoy special rewards at the two China Malls located on the Spintex Road and Zen Petroleum at Odorkor.

GhIPSS signs Domestic Processing Agreement with Visa

The Ghana Interbank Payment and Settlement Systems Limited (GhIPSS), Ghana’s National Payment Systems Infrastructure Provider, today announced a pioneering partnership with Visa, a global leader in digital payments. The partnership will have GhIPSS process domestic transactions denominated in Ghana Cedi with Visa cards issued in Ghana.

GhIPSS launches GhanaPay mobile money service

The Vice President Dr. Mahamudu Bawumia has, on Wednesday June 15, 2022, launched the GhanaPay Mobile Money Service in Accra.

Interbank transactions show steady drive to cashless agenda

The GhIPSS 2021 half year performance report has shown that the GhQR and other new electronic services have started making gains.

GhIPSS introduces near real time payment platform for bulk payments

The Ghana Interbank Payments and Settlement Systems (GhIPSS), a subsidiary of the Bank of Ghana, has introduced a Near Real Time (NRT) Automated Clearing House (ACH) Direct Credit platform that allows Corporate Institutions to make bulk payments much faster.

GhQR to play lead role in ghana’s cashless agenda

GhQR is considered a key enabler for Ghana’s quest to migrate into en electronic payment society. The country is hoping to ride on the back of the payment service to become one of the first countries on the continent to have a cashless economy.

Ghana adds GhQR to regular modes of payment – GhIPSS

The Chief Executive of the Ghana Interbank Payment and Settlement Systems (GhIPSS) Archie Hesse has urged the public to consider GhQR as one of their regular modes of payments. This, he explained, would enable more people enjoy the benefits associated with the service considered simple, efficient and secured.

Mobile money made easy

Vice President Dr Mahamadu Bawumia yesterday launched the Mobile Money Payment Interoperability in Accra, paving the way for customers to transfer money from one mobile network to another seamlessly.

e-zwich transaction increases by 102%

The total value of e-zwich transactions in Ghana went up by 102 percent in the first half of this year to GH¢2.7 billion, according to a report on Payment Systems by the Bank of Ghana (BoG).

Preference is shifting away from cheques to other digital payments

There is an increasing shift away from the use of cheques to electronic payments channels for various transactions. Although cheques continue to have the single largest share, it is growing at a slower pace while other electronic payments are experiencing a faster growth in patronage.

GIP record massive growth in transactions in half year performance

The GhIPSS Instant Pay (GIP) has recorded a massive increase in patronage in the first half of this year compared to the same period last year. The GIP is an electronic payment system that enables a customer to transfer money from one bank account to another of a different bank and the transfer is effected […]

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