Ghana Interbank Payment and Settlement Systems
{{short description|Government of Ghana agency}}
{{Infobox company
| name = Ghana Interbank Payment and Settlement Systems Limited
| logo =
| type = Subsidiary
| industry = Financial technology, Payment systems
| founded = May 2007
| founder = Bank of Ghana
| headquarters = Ridge, Accra, 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)
| employees = ~96 (2024 estimate)
| revenue = US $20.2 million (estimated)
| annual_transactions = GHS 629.5 billion (312.9 million transactions in 2023)
| certifications = ISO 27001
| area_served = Nationwide (Ghana)
| parent = Bank of Ghana
| website = [https://ghipss.net/ 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.{{Cite web |title=Home |url=https://ghipss.net/ |access-date=2025-06-26 |website=ghipps |language=en-gb}}{{Cite web |date=2025-06-26 |title=GhIPSS – Bank of Ghana |url=https://www.bog.gov.gh/external_links/ghipss/ |access-date=2025-06-26 |language=en-US}}{{cite web |title=ATMs and new ATM cards to bear new GHIPSS logo by 2nd quarter |url=http://business.myjoyonline.com/pages/news/201202/82166.php |url-status=dead |archive-url=https://web.archive.org/web/20120301083043/http://business.myjoyonline.com/pages/news/201202/82166.php |archive-date=1 March 2012 |accessdate=2 March 2012 |publisher=business.myjoyonline.com}}
History
GhIPSS was created to modernize Ghana's payment systems infrastructure and ensure seamless interbank transactions.{{Cite web |last=Admin |first=O. B. G. |date=2014-11-18 |title=Archie Hesse, CEO, Ghana Interbank Payment and Settlement Systems (GhIPSS): Interview - Africa 2014 - Oxford Business Group |url=https://oxfordbusinessgroup.com/articles-interviews/obg-talks-to-archie-hesse-ceo-ghana-interbank-payment-and-settlement-systems-ghipss-interview |access-date=2025-06-26 |website=oxfordbusinessgroup.com |language=en-US}}
Payment systems and services
= [[e-zwich]] =
Ghana’s national biometric smart card system, designed to improve financial inclusion across ATMs, POS, and banks.{{Cite web |title=Number of e-zwich cardholders hits 3.6m - MyJoyOnline |url=https://www.myjoyonline.com/number-of-e-zwich-cardholders-hits-3-625m/ |access-date=2025-06-26 |website=www.myjoyonline.com |language=en-US}}{{Cite web |title=Transfers from e-zwich card to mobile money wallet on the rise |url=https://www.ghanaweb.com/GhanaHomePage/business/Transfers-from-e-zwich-card-to-mobile-money-wallet-on-the-rise-727578}}
= Cheque Codeline Clearing (CCC) & Ghana Automated Clearing House (GACH): =
Enable bulk processing of cheque and direct credit/debit transactions.{{Cite web |title=Use of electronic payment channels records 81% growth in 2020 1st half – GhIPSS – Citi Business News |url=https://citibusinessnews.com/2020/07/use-of-electronic-payment-channels-records-81-growth-in-2020-1st-half-ghipss/ |access-date=2025-06-26 |website=citibusinessnews.com}}{{Cite web |title=Emergency Automated Clearing Starts November |url=https://www.modernghana.com/news/419573/emergency-automated-clearing-starts-november.html |access-date=2025-06-26 |website=Modern Ghana |language=en}}
= [[gh-link]] =
A domestic interbank switch supporting ATM, POS, online payments, and 3-D secure transactions.{{Cite web |title=Fidelity Bank to boost local transactions with issuance of GH-link cards - MyJoyOnline |url=https://www.myjoyonline.com/fidelity-bank-to-boost-local-transactions-with-issuance-of-gh-link-cards/ |access-date=2025-06-26 |website=www.myjoyonline.com |language=en-US}}{{Cite web |title=GhIPPS, eTranzact unveil Gh-Link EMV Card to deepen financial inclusion - MyJoyOnline |url=https://www.myjoyonline.com/ghipps-etranzact-unveil-gh-link-emv-card-to-deepen-financial-inclusion/ |access-date=2025-06-26 |website=www.myjoyonline.com |language=en-US}}
= '''GhIPSS Instant Pay (GIP)''' =
Real-time payment platform allowing users to transfer money instantly between banks and mobile wallets.{{Cite web |last=Appiah-Dolphyne |first=Joseph |date=2020-07-22 |title=GhIPSS Instant Pay volume up by 600% in the first half of 2020 |url=https://asaaseradio.com/ghipss-instant-pay-volume-up-by-600-percent-in-the-first-half-of-2020/ |access-date=2025-06-26 |website=Asaase Radio |language=en-US}}{{Cite web |title=GhIPSS Instant Pay – Citi Business News |url=https://citibusinessnews.com/tag/ghipss-instant-pay/ |access-date=2025-06-26 |website=citibusinessnews.com}}
= '''Mobile Money Interoperability (MMI)''' =
Allows cross-network mobile money transactions and transfers between mobile wallets and bank accounts.{{Cite web |date=2025-05-18 |title=Ghana is the fastest growing mobile money market in Africa - Bawumia |url=https://citinewsroom.com/2025/05/ghana-is-the-fastest-growing-mobile-money-market-in-africa-bawumia/ |access-date=2025-06-26 |language=en-US}}{{Cite web |title=mobile money interoperability – Citi Business News |url=https://citibusinessnews.com/tag/mobile-money-interoperability/ |access-date=2025-06-26 |website=citibusinessnews.com}}
= '''GhanaPay''' =
A bank-led mobile wallet that enables inclusive access to banking services.{{Cite web |last=Francis |date=2025-04-17 |title=GhanaPay Mobile Money now offers free Mobile Money transfers |url=https://thebftonline.com/2025/04/17/ghanapay-mobile-money-now-offers-free-mobile-money-transfers/ |access-date=2025-06-26 |website=The Business & Financial Times |language=en-GB}}{{Cite web |date=2025-02-19 |title=Rural Banks adopt GhIPSS’ GhanaPay platform to remain competitive |url=https://citinewsroom.com/2025/02/rural-banks-adopt-ghipss-ghanapay-platform-to-remain-competitive/ |access-date=2025-06-26 |language=en-US}}
= '''Third Party Settlement Service (GTPSS)''' =
Enables interbank settlements for mobile money providers and fintech platforms.{{Cite web |title=GhIPSS to provide switching services to rural banks |url=https://www.modernghana.com/news/411944/ghipss-to-provide-switching-services-to-rural-banks.html |access-date=2025-06-26 |website=Modern Ghana |language=en}}