COVID-19: Ghana Introduces QR Code Payment System
As part of the strategy to reduce and eliminate the spread of Coronavirus through person to person contact, Ghana government is promoting QR code as a preferred payment solution in the county.
The QR code allows payers of goods and services to only use their phones to tap the QR of the merchants and payments will be concluded immediately, this therefore prevents the need to give your card to receiving cashiers who keys the card into a point of sale terminal, pulls it out and return it back to the customer.
The QR code does not allow contact between parties in effecting payment.
The introduction of the QR code system has received a tremendous acceptance and strong enthusiasm by the Banks and the general public in Ghana. Presently six Banks in Ghana have initiated services to allow public pay for goods and services through the Universal GH QR code.
The Banks are EcoBank, ECB Bank, Zenith Bank, Bank of Africa, Fidelity Bank and Agriculture development Bank. Other Banks are still in the process to be part of this great initiative.
The Vice president of Ghana Mahamudu Bawumia launched the universal QR code in March 2020, the service adds onto the several electronic payment solutions that the Ghana internet Payment and settlement systems (GhiPss) has rolled out over the years.
Access Holdings has vested 23.8 million units of shares on its senior executives. Glamtush…
Forget grocery drudgery. Imagine vibrant shelves overflowing with fresh produce, thanks to a digital revolution…
The full list of 16 banking transactions exempted from the new CBN cybersecurity levy has emerged.…
Daniel Ojukwu refusal to answer allegations against him by those investigating the matter is the…
FG has ordered PoS agents in Nigeria to register their businesses with CAC on or…
Lagos Lawmakers have demanded a better enforcement of safety law due to a recent gas…