Status
Operating at scale
If a RTPS exists
Yes
Vision: PSP interoperability
Yes
Name (Payment)
GhIPSS Instant Pay,Ghana Mobile Money Interoperability (MMI),CBDC (eCedi)
URL (Payment)
https://www.ghipss.net/
Region
Africa
# of participants
2023- 52,2023- 5,Unknown
AML law
Yes
Bank participation in network
YesNoUnknown
Centralised fraud management system?
Unknown
Consumer protection law
Yes
Governor
Central bank/ Financial regulator
Non-bank participation in network
YesYesUnknown
Notes
Ghana has opted to enable interoperability between its different schemes rather than creating a new, centralized system (source). Together they enable P2P, P2B, G2P.
Offline transactions
Unknown
Operator
Central bankCentral bankCentral bank
QR-based transactions
Unknown
Reporting forum/ website/ form
Unknown
Rules: data handling rules for PSPs, users
Unknown
Rules: data leak notifications
Unknown
Rules: participation conditions
UnknownUnknownUnknown
Rules: recourse mechanism
Unknown
Rules: transaction recall
Unknown
Settlement systems
Unknown,Unknown,Unknown
Transaction cost
Unknown,Unknown,Unknown
Transaction types
P2P
B2BP2P
P2MUnknown
Value (Year-USD)
2021- USD 2 B,2021- USD 82 B,Unknown
Volume (Year- Volume)
2021- 37 M,2021- 4 B,Unknown