News & Events

Six government programmes use e-zwich for transparency
Six government programmes use e-zwich for transparency
Source: GNA Date: 31st October, 2016 Tag: News

Some six government social interventions and programmes have since June adopted e-zwich as the mode of paying beneficiaries.
Consequently, a total more than GH¢218 million were paid through e-zwich for these six programmes to more than 564,000 individuals between January and June this year, according to a half year report on the activities of Ghana Interbank Payment and Settlement Systems (GhIPSS).
It is a subsidiary of the Bank of Ghana, which operates the e-zwich platform.

The programmes include the National Service Scheme (NSS), the Ghana Social Opportunities Project (GSOP), and the Ghana School Feeding Programme (GSFP).
The rest are the Livelihood Empowerment Against Poverty (LEAP), Youth Employment Agency (YEA) and the Japan Social Development Fund (JSDF).
This is besides the Student Loan Trust Fund and other parastatal organisations, such as the National Lotteries Authority which are also using the e-zwich.
According to report the move is to promote transparency and ensure that only the intended beneficiaries receive the payments.

The increasing use of the e-zwich by these government agencies is expected to drive the electronic payment agenda and subsequently reduce the country's overreliance on cash transactions.
President John Mahama, a couple of years ago, stated the Government's intention to increasingly use the e-zwich platform as mode of payments for a number state interventions and programmes.
The move, he said, was to foster transparency and promote the cash-lite agenda.Following from that pledge, the payment of National Service personnel on e-zwich went nationwide and other programmes also started using the biometric electronic payment system.
The President has also in recent times indicated his goal to channel more public sector payments through various electronic payment platforms.
This could see more agencies use the e-zwich and other electronic payment systems. The Chief Executive of GhIPSS, Archie Hesse, welcomed the effort and said his outfit would continue to partner government to ensure that many more agencies use and benefit from the numerous advantages that the biometric payment system offers.

  • Current News & Events
    • new
      Value of GhIPSS transactions hits GH¢ 174.5bn
      The Ghana Interbank Payment and Settlement Systems Ltd (GhIPSS) has witnessed consistent growth in the value.... read more»
    • new
      E-zwich patronage grew by 140% in 2016
      The use of the biometric smart card, e-zwich, experienced exponential growth last year after series of mechanisms... read more»
    • new
      Foreign remittance to bank accounts and e-zwich cards now a reality in Ghana
      Recipients of foreign remittance can now opt to have the money paid directly to their bank account.... read more»
    • new
      Six government programmes use e-zwich for transparency
      Some six government social interventions and programmes have since June adopted e-zwich.... read more»
    • new
      GhIPSS to work with stakeholders to ensure telcos interoperability
      The Chief Executive Officer of Ghana Interbank Payment and Settlement System (GhIPSS) ... read more»
    • new
      Government has called for a collaboration among financial stakeholders ... read more»
    • new
      Gender Ministry to disburse LEAP funds via e-zwich
      The Ministry of Gender, Children and Social Protection is expected to disburse January... read more»
    • new
      GhIPSS provides multiple outlets for e-zwich users
      Regular users of e-zwich cards, including National Services persons, students and beneficiaries of various government social ... read more»