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Interoperability issues solved as GhIPSS completes system upgrade

17/07/2019
Reading Time: 1 min read
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Patrons of the mobile money interoperability platform should be enjoying seamless transactions in the coming days when the Ghana Interbank Payment and Settlement Systems (GhIPSS) completes its system upgrade.

ALSO READ: Mobile Money Interoperability records more than 4.4million transactions

The General Manager for Mobile Financial Services at MTN, Eli Hini told Citi FM, that the move should ease any apprehension and hesitation to use the platform.

Some customers have complained of their inability to transfer money from MTN to other networks using the interoperability system.

Meanwhile, just a year after its launch, Mobile Money Interoperability has hit GH¢95.88million in value for the first quarter of 2019, the Payment Systems Statistics report published by the Ghana Interbank Payment and Settlement Systems (GHIPSS) has revealed.

Mobile Money Interoperability is a system that makes mobile money transactions among different networks possible.

The report, published by GHIPSS shows that of all the services offered by the mobile money interoperability platform – namely, wallet to wallet, wallet to account, and wallet to E-Zwich – it was wallet to wallet that recorded the highest transactions of GH¢85.73million, representing 89.4% of all transactions.

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