Accra, Sept. 19, GNA – Some six government
social interventions and programmes have since June adopted e-zwich as the mode
of paying beneficiaries.
Consequently, a total more than GHȼ218 million were paid
through e-zwich for these six programmes to more than 564,000 individuals
between January and June this year, according to a half year report on the
activities of Ghana Interbank Payment and Settlement Systems (GhIPSS).
It is a subsidiary of the Bank of Ghana, which
operates the e-zwich platform.
The programmes include the National Service
Scheme (NSS), the Ghana Social Opportunities Project (GSOP), and the Ghana
School Feeding Programme (GSFP).
The rest are the Livelihood Empowerment
Against Poverty (LEAP), Youth Employment Agency (YEA) and the Japan Social
Development Fund (JSDF).
This is besides the Student Loan Trust Fund
and other para-statal organisations, such as the National Lotteries Authority
which are also using the e-zwich.
According to report the move is to promote
transparency and ensure that only the intended beneficiaries receive the
The increasing use of the e-zwich by these
government agencies is expected to drive the electronic payment agenda and subsequently
reduce the country’s overreliance on cash transactions.
President John Mahama, a couple of years ago,
stated the Government’s intention to increasingly use the e-zwich platform as
mode of payments for a number state interventions and programmes.
The move, he said, was to foster transparency
and promote the cash-lite agenda.
Following from that pledge, the payment of National Service personnel on
e-zwich went nationwide and other programmes also started using the biometric
electronic payment system.
The President has also in recent times
indicated his goal to channel more public sector payments through various
electronic payment platforms.
This could see more agencies use the e-zwich
and other electronic payment systems.
The Chief Executive of GhIPSS, Archie Hesse,
welcomed the effort and said his outfit would continue to partner government to
ensure that many more agencies use and benefit from the numerous advantages
that the biometric payment system offers.