Banking

GhIPSS and its CEO pick GITTA award again

Archie Hesse, CEO of GhIPPS

The Ghana Interbank Payment and Settlement Systems (GhIPSS) and its Chief Executive, Archie Hesse have for the second year running won awards at the prestigious Ghana Information Technology & Telecom Awards (GITTA) held in Accra.

Mr. Hesse was adjudged the Payment Systems Personality of the Year, while GhIPSS won the Payments and Clearing Technology Provider of the Year. The awards are in recognition of the role of GhIPSS and its CEO in driving electronic payments in Ghana.

The GITTA award recognises not only the products and diverse innovations that keep the ICT and Telecom sector thriving but also the companies and people who make the industry great. The awards were open to all players and stakeholders in the ICT ecosystem.

GITTA is considered the most celebrated ICT awards, attracting the crème de la crème and top decision makers in the sector. It is organised in partnership with the Ghana Chamber of Telecommunications.

Ghana has witnessed a significant transformation of its payment system since the establishment of GhIPSS by the Bank of Ghana over a decade ago.

The organisation has over the years introduced a number of electronic payment services which have made payments quicker, safer and more convenient, including interbank and cross-platform transactions.

Last year, GhIPSS introduced the Gh Dual card, which is a single card that serves as e-zwich and gh-link card at the same time. This year, it has so far introduced three different products namely GhQR code, Proxy Pay and Direct Credit Near Real Time.

The GhIPSS Boss said in an interview that they are challenged by the awards to continue to work hard in fulfilling the mandate to migrate Ghana into an electronic payment society.

He said available statistics clearly show that electronic payment was on the rise, adding that GhIPSS will continue to work assiduously with its partners to drive various forms of digital payments in Ghana.

Mr Hesse hinted that a lot of efforts was going to be directed at promoting the GhQR code and was hopeful that it was going to be another game-changer within the payment ecosystem.