The use of GhQR is expected to see significant growth as the number of institutions gone live with it increases to 15.
It comprises 11 financial institutions and four payment service providers.
The four payment service providers currently offering GhQR are Vodafone Cash, AirtelTigo Money, Hubtel and GCB's G-Money, while the financial institutions offering the service are
The others are
All the 15 institutions have the service available on the USSD or short codes while seven of them have the service also available on mobile apps.
The Chief Executive of Ghana Interbank Payment and Settlement Systems (GhIPSS), Mr
GhIPSS together with its partner institutions are embarking on massive public education to create awareness and drive patronage for the service.
He said "The use of QR code for payment is enjoying global appeal. There are several benefits associated with QR code for payment. The most cited is the simplicity of the payment process."
"Anybody that has ever used a phone should be able to use QR code with ease, and after scanning or dialling the code, one can see the details of the transaction to be certain that they tally with how much is to be paid and who is being paid, before tapping to pay, "
He added that this feature gives customers a lot of confidence knowing that the right transaction has been effected.
GhQR was launched last year to add up to existing electronic payment channels, as part of the larger cash-lite agenda.
The payment service enables customers to scan displayed QR codes with their smart phones and pay, or dial displayed USSD codes with their phones to make payment.
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