
Audio By Carbonatix
The Special Advisor on Policy at the Office of the Vice President, Samuel Ofosu Ampofo, has praised Ghana's interoperable payment system, which allows seamless payments between banks and mobile money accounts.
The unique instant payment system is renowned as the only one on the African continent, as Ghana is the only country with such an instant cross-payment system between bank accounts and mobile money wallets.
Speaking on GTV Breakfast Show on Tuesday, August 26, Mr. Ofosu Ampofo asserted that Ghana is the only country with such a unique payment system, which he said has significantly impacted the financial sector of the country and has also expanded financial inclusion.
"Ghana is the only African country with fully interoperable instant payment systems, a unique achievement that has fuelled mobile money adoption, expanded e-commerce and promoted financial inclusion," GTV quoted the Special Advisor on Policy at the Office of the Vice President as saying.
Latest Stories
-
Police arrest convicted fraudster Eric Afoakwa while attempting to leave Ghana
9 minutes -
Only court orders can override constitutional safeguards in arrests – Justice Abdulai
21 minutes -
I never stopped anyone from travelling as AG – Dame condemns arrest of former NAFCO CEO
35 minutes -
I’ll choose a stepfather any day; a stepfather shaped the man I am today – Konnected Minds founder
39 minutes -
Parents should sue WAEC over examination leakages – Prof. Antwi
43 minutes -
School admissions should be based on merit, not protocol – Prof. Opoku Antwi
46 minutes -
When the waters recede, public health must lead
49 minutes -
A friend inspired me to build a Caribbean restaurant in US – Prof. Opoku Antwi
51 minutes -
I used to sell Chinese clothes in London – Konnected Minds Podcast founder
1 hour -
Hanan arrest based on frozen bank account claim is ‘comical’ — Godfred Dame
1 hour -
‘Security agencies are the biggest abusers of constitutional rights of Ghanaians’ – Justice Abdulai
1 hour -
How a stranger ‘miraculously’ gave me his house when I arrived in the US – Prof. Antwi shares
1 hour -
Ghana Battalion 14 completes reconnaissance mission ahead of UN peacekeeping deployment in South Sudan
2 hours -
HAWA Project Manager calls for climate-responsive humanitarian systems as extreme weather intensifies
2 hours -
KMA ‘samansaman’ arrests 13 over poor sanitary practices in their homes
2 hours