Ghana Interbank Payment and Settlement Systems

Ghana Interbank Payment and Settlement Systems Limited

Company type	Subsidiary
Industry	Financial technology, Payment systems
Founded	May 2007;18 years ago (2007-05)
Founder	Bank of Ghana
Headquarters	Ridge, Accra, Ghana
Area served	Nationwide (Ghana)
Key people	Archie Hesse (CEO)
Products	e‑zwich; gh‑link; GhIPSS Instant Pay (GIP); GhanaPay; Mobile Money Interoperability (MMI); Ghana Automated Clearing House (GACH); Cheque Codeline Clearing (CCC)
Revenue	US $20.2 million (estimated)
Number of employees	~96 (2024 estimate)
Parent	Bank of Ghana
Website	ghipss.net

Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) is the national payment infrastructure provider in Ghana. It was established in May 2007 as a wholly owned subsidiary of the Bank of Ghana, with the mandate to implement and manage interoperable electronic payment systems for banks and non-bank financial institutions. ^{[1] [2] [3]}

History

GhIPSS was created to modernize Ghana's payment systems infrastructure and ensure seamless interbank transactions. ^[4]

Payment systems and services

e-zwich

Ghana’s national biometric smart card system, designed to improve financial inclusion across ATMs, POS, and banks. ^{[5] [6]}

Cheque Codeline Clearing (CCC) & Ghana Automated Clearing House (GACH)

Enable bulk processing of cheque and direct credit/debit transactions. ^{[7] [8]}

gh-link

A domestic interbank switch supporting ATM, POS, online payments, and 3-D secure transactions. ^{[9] [10]}

GhIPSS Instant Pay (GIP)

Real-time payment platform allowing users to transfer money instantly between banks and mobile wallets. ^{[11] [12]}

Mobile Money Interoperability (MMI)

Allows cross-network mobile money transactions and transfers between mobile wallets and bank accounts. ^{[13] [14]}

GhanaPay

A bank-led mobile wallet that enables inclusive access to banking services. ^{[15] [16]}

Third Party Settlement Service (GTPSS)

Enables interbank settlements for mobile money providers and fintech platforms. ^[17]

See also

• e-zwich
• gh-link

References

1. "Home". ghipps. Retrieved 2025-06-26.
2. "GhIPSS – Bank of Ghana". 2025-06-26. Retrieved 2025-06-26.
3. "ATMs and new ATM cards to bear new GHIPSS logo by 2nd quarter". business.myjoyonline.com. Archived from the original on 1 March 2012. Retrieved 2 March 2012.
4. Admin, O. B. G. (2014-11-18). "Archie Hesse, CEO, Ghana Interbank Payment and Settlement Systems (GhIPSS): Interview - Africa 2014 - Oxford Business Group". oxfordbusinessgroup.com. Retrieved 2025-06-26.
5. "Number of e-zwich cardholders hits 3.6m - MyJoyOnline". www.myjoyonline.com. Retrieved 2025-06-26.
6. "Transfers from e-zwich card to mobile money wallet on the rise".
7. "Use of electronic payment channels records 81% growth in 2020 1st half – GhIPSS – Citi Business News". citibusinessnews.com. Retrieved 2025-06-26.
8. "Emergency Automated Clearing Starts November". Modern Ghana. Retrieved 2025-06-26.
9. "Fidelity Bank to boost local transactions with issuance of GH-link cards - MyJoyOnline". www.myjoyonline.com. Retrieved 2025-06-26.
10. "GhIPPS, eTranzact unveil Gh-Link EMV Card to deepen financial inclusion - MyJoyOnline". www.myjoyonline.com. Retrieved 2025-06-26.
11. Appiah-Dolphyne, Joseph (2020-07-22). "GhIPSS Instant Pay volume up by 600% in the first half of 2020". Asaase Radio. Retrieved 2025-06-26.
12. "GhIPSS Instant Pay – Citi Business News". citibusinessnews.com. Retrieved 2025-06-26.
13. "Ghana is the fastest growing mobile money market in Africa - Bawumia". 2025-05-18. Retrieved 2025-06-26.
14. "mobile money interoperability – Citi Business News". citibusinessnews.com. Retrieved 2025-06-26.
15. Francis (2025-04-17). "GhanaPay Mobile Money now offers free Mobile Money transfers". The Business & Financial Times. Retrieved 2025-06-26.
16. "Rural Banks adopt GhIPSS' GhanaPay platform to remain competitive". 2025-02-19. Retrieved 2025-06-26.
17. "GhIPSS to provide switching services to rural banks". Modern Ghana. Retrieved 2025-06-26.