{"id":193450,"date":"2024-06-26T10:54:37","date_gmt":"2024-06-26T10:54:37","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/06\/26\/ghanapay-records-ghc2-5m-in-transactions\/"},"modified":"2024-06-26T10:54:37","modified_gmt":"2024-06-26T10:54:37","slug":"ghanapay-records-ghc2-5m-in-transactions","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/06\/26\/ghanapay-records-ghc2-5m-in-transactions\/","title":{"rendered":"GhanaPay records GHC2.5m in transactions \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Ghana Pay platform has recorded a significant increase in subscribers, with transactions reaching 2.5 million Ghana cedis, up from 40,000 cedis in 2022.<\/p>\n<p>Since its introduction, the platform has added various services, including bill payment, crowdfunding, and bulk payments for corporate organizations, among other services.<\/p>\n<p>The service has expanded its offerings to include a sponsored wallet service, allowing users to share funds with friends and family, and standing instructions, enabling users to automate recurring payments such as subscription renewals, among other financial services.<\/p>\n<p>In a side interview at the GhanaPay Value Added Services media briefing, the Head of GhanaPay, Samuel Darko, emphasised ongoing efforts to promote financial inclusion.<\/p>\n<p>\u201cWhen we launched the product in 2022 June, we had close to 40,000 at the close of the year. But as we speak today, we have close to 2.5 million Ghana cedis afloat\u2026we are looking for a little close to one million subscribers on the platform as well compared to about 20,000 people when we launched it in 2022.\u201d<\/p>\n<p>Chief Executive Officer of the Ghana Interbank Payment and Settlement Systems Limited, Archie Hesse, provided further insights on the GhanaPay wallet and measures being implemented to promote a cashless society.<\/p>\n<p>\u201cAs a country, we\u2019ve come a long way. Just barely 10 years ago, electronic payment was alien. 15 years ago, most banks did not even have an e-business department, today it is everywhere. So, the structures are being put in place. What we have to do now is we all work together so that we deepen education.\u201d<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"375\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2024\/06\/image-1375.png\" alt=\"\" class=\"wp-image-882655\"  \/><\/figure>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Ghana Pay platform has recorded a significant increase in subscribers, with transactions reaching 2.5 million Ghana cedis, up from 40,000 cedis in 2022. Since its introduction, the platform has added various services, including bill payment, crowdfunding, and bulk payments for corporate organizations, among other services. The service has expanded its offerings to include a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":193451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-193450","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GhanaPay records GHC2.5m in transactions \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/06\/26\/ghanapay-records-ghc2-5m-in-transactions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GhanaPay records GHC2.5m in transactions \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Ghana Pay platform has recorded a significant increase in subscribers, with transactions reaching 2.5 million Ghana cedis, up from 40,000 cedis in 2022. Since its introduction, the platform has added various services, including bill payment, crowdfunding, and bulk payments for corporate organizations, among other services. 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