GhIPSS e-zwich


Merchant Agent

a merchant agent is able to perform all the transactions that a Retail Merchant can do with the added ability of performing Cash deposit transactions unto e-zwich client cards in exchange for cash. To qualify, a Merchant Agent is only required to deposit cash with their bank to be converted to electronic money. This is then downloaded to the POS and can be used for cash deposit transactions.

Retail Merchant

an e-zwich retail merchant is one that accepts payment for goods and services rendered to customers from their e-zwich cards in electronic money. The details of a retail merchant are registered on the e-zwich system by the retailer´s bank and captured on a retail merchant card produced for the retail merchant. All merchants registered on the system are allocated unique Merchant Reference Numbers (MRN). Such payments received on an e-zwich POS device by the Retail Merchant when settled, are transferred to the traditional bank account of the retailer or organization. Funds on a retail merchant´s card are secured and can only be transferred to the linked bank account after settlement of the POS device. Retail merchants are able to offer all e-zwich transactions offered by banks except


  • Increased turnover.
  • Reduced cash holdings, banking charges, communication cost and reconciliation problems.
  • Minimization of risk associated with fraud.
  • New income streams by providing financial services and products.
  • At the press of a button, money from end of day transactions is transferred to merchants´ bank account or an e-zwich client card (Settlement).
  • Prestige - Enhances Business Image
  • Reduces fraud
  • Reduces pilfering
  • Most transactions can be completed off line
  • POS device is mobile

Click here for Teller Guide for performing e-zwich services

  • 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»