Business & Brands

COVID-19: Ghana Introduces QR Code Payment System

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.

 

Angela Davies

Recent Posts

Police Identify Officer Who Shot Man Dead During Fuel Queue Tumult In Lagos

Police has identified the officer who shot a man dead during a fuel queue tumult in Lagos.…

10 hours ago

Nigerian Extradited From Malaysia Convicted For $6.3m Wire Fraud In Us

A federal jury in New Haven, Connecticut, Wednesday, convicted an extradited Nigerian, Okechukwu Osuji, for…

11 hours ago

How Finidi Beat Amuneke, Others To Clinch Super Eagles Coaching Job

How Finidi beat Amuneke and others to clinch the Super Eagles coaching job has emerged.…

11 hours ago

Police Arrest Suspected Mastermind Of Abuja-Kaduna Train Attack, Others

Police have arrested a suspected mastermind of Abuja-Kaduna train attack and others.   Glamtush reports…

13 hours ago

Naira Abuse: Cubana Chief Priest And EFCC Opt For Out-Of-Court Settlement

Cubana Chief Priest and the EFCC have opted for an out-of-court settlement over his naira…

15 hours ago

Fidelity Bank Records 120.1% Growth In PBT To N39.5bn In Q1 2024

In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted…

19 hours ago