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
-
At least two dead in blast at Bolivia military barracks
30 minutes -
Tate brothers officially indicted with trafficking and sex crimes in Romania
32 minutes -
US envoys arrive in Moscow ahead of Ukraine talks
37 minutes -
Health Minister to brief media on Free Primary Healthcare programme on Monday
50 minutes -
‘It was inappropriate to make that comparison’ – Dr Pumpuni Asante on CJ’s SOE comment
1 hour -
Photos: Final-day shopping continues at Joy FM Back-to-School Discount Fair
2 hours -
Darkey and Frimpong set up J30 Accra boys’ doubles final
2 hours -
When war takes more than territory: The human cost of conflict
2 hours -
Review SHS placement policy to give more BECE candidates access – Kwesi Kwarteng
2 hours -
Tano South Municipal Assembly moves to curb road carnage with speed ramps
2 hours -
Duvor Klu, Gakpo win J30 Accra girls’ doubles title
2 hours -
ITF Juniors Tournament: Duvor Klu claims with straight-sets victory over Gakpo
2 hours -
‘Decision to retire has been tough’ – Isaac Dogboe
2 hours -
Domelevo backs OSP probe into alleged GH¢70,000 payment to Appiagyei
2 hours -
Crowds swell as families make final shopping at Joy FM Back-to-School Fair
2 hours