There is continuous growth in the volume of GhIPSS Instant Pay (GIP), emphasising customers' preference for real time payment, the 2019 performance of electronic payment products report has shown.
The report, released by the Ghana Interbank Payment and Settlement Systems (GhIPSS), showed that the volume of GIP-based transactions shot up in excess of 1,200 per cent from 144,000 in 2018 to 1.9 million last year.
The growth, in instant pay volumes, has been consistent since it was launched, showing customers preference for real time payments.
