eugenia nyarkoFebruary 13, 20192min1680

Electronic payment for public services starts July — VEEP

Payment for services in the public sector will be digitised from July this year to ensure cashless government business, the Vice-President, Dr Mahamudu Bawumia, has announced.

The move, he said, followed the successful implementation of the mobile money interoperability infrastructure that would aid efficient electronic payments for government services.

He stated that, Ghana has about 34.5 million mobile money subscribers in the country and the interoperability infrastructure allows payments to be made from bank accounts to mobile accounts and the other way round.

He further stated, with this infrastructure, government wants to deal with the problem of financial inclusion, so by the middle of the year, the government will move away from the use of physical cash as payment for services.

Dr Bawumia announced this when he opened the third German-Africa Business Summit (GABS) in Accra yesterday.

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