GhQR is a new and easy way to make payments in ghana implemented by the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) which is a wholly-owned subsidiary of the Bank of Ghana.
GhIPSS was incorporated in May 2007 with a mandate to implement and manage interoperable payment system infrastructures for banks and non bank financial institutions in Ghana.
What To Know About GhQRÂ
1. What Is GhQR?
GhQR is a new and easy way to make payments to a merchant/receive payments by displaying a QR Code and a Merchant ID in your shop as a merchant and by scanning a QR Code displayed by the merchant with your mobile phone to make instant payment via bank or money wallet. The merchant gets the money instantly, just like paying with cash.
2. Â Why is GhQR referred to as a Universal QR Code?
GhQR is universal because, with a single QR Code image displayed in their shop, a merchant can receive payments from customers with bank accounts, wallet accounts or card accounts from different banks and payment service providers across the country.
3. How do I sign up for GhQR work?
Customers who wish to sign up for this service need to visit their Payment Services Provider e.g. banks
4 How can I make a payment with GhQR?
There are two ways by which you can make payments with GhQR at merchant location. Scan to Pay or Dial to Pay.
- Using Smart Phone (Scan to Pay):
Log into your Mobile App and follow the prompt (instructions) to pay - Using a feature phone ( Dial to Pay):
Dial the USSD code (e.g. *123#) of your payment Service Provider and follow the prompt to pay
*Once payment is successful, both the customer and the merchant will receive transaction notifications.
5. Where can I make payments using the GhQR?
Customers can make payment at any merchant location with the GhQR sticker
6. What are the benefits of paying via the GhQR Code?
- You can make payments to any merchant irrespective of where they received their GhQR sticker from.
- Easy and convenient
7. How much will I pay for using GhQR?
The customer pays no fee for using GhQR
8. Who do I contact for assistance or further Information on the service?
For further information and/or assistance contact your Payment Service Provider
You can also visit the GhIPSS official website for more information about this service. www.ghipss.net
