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Banking

GhIPSS to help companies clean up their payroll

Companies can now access a system to clean up their payroll and ensure that workers are not unduly paid multiple times. 

This is through a Bio-search technology available to Ghana Interbank Payment and Settlement Systems (GhIPSS).

The Bio-search system is presently linked to the E-zwich biometric smart card to weed out ghost names and impersonation in salary processing. 

The system has being utilized by the public institutions National Service Secretariat to rid its pay vouchers of names of people receiving multiple allowances as well as others who keep receiving national service allowance year in year out under different identities.

Chief Executive of GhIPSS Archie Hesse explained to JOY BUSINESS, other institutions that may want to clean up their payroll can now also take advantage of the system.

“If there’s an issue with an individual and you give us the E-zwich card number, we will be able to retrieve the associated fingerprint of that particular number. We can then do a biometric search and find out which other accounts this particular individual also holds in the system," Hesse said. 

According to him, it can also be used to weed out duplications in the system thus GhIPSS' call on all companies to issue the E-zwich cards so they have sub-sections where individuals can be uniquely identified.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.