The Government of Ghana is promoting QR code as a preferred contactless payment plan in the county. It is part of its strategy to reduce and eliminate the spread of Corona virus through person to person contact.
The QR code allows payers of goods and services to only use their phones to tap the QR of the merchants and payments will be concluded immediately. The payment plan prevents card users from giving their cards to cashiers for use in Point of Sale (PoS) terminal and returning it back to the customer after payment.
The QR code does not allow contact between parties in effecting payment. The introduction of the QR code system has received a tremendous acceptance and strong enthusiasm by the Banks and the general public in Ghana. Presently six banks in Ghana have initiated services to allow public pay for goods and services through the Universal GH QR code.
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They include EcoBank, ECB Bank, Zenith Bank, Bank of Africa, Fidelity Bank and Agriculture development Bank. Other banks are still in the process to be part of this great initiative. The Vice president of Ghana Mahamudu Bawumia launched the universal QR code in March 2020, the service adds onto the several electronic payment solutions that the Ghana internet payment and settlement systems (GhiPss) has rolled out over the years.
