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.