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2021-04-07

[N] As Majority Leader be circumspect with your utterances

2021-03-19

[I] Goldman Sachs staff revolt at ‘98-hour week’
[I] Over half of staff go back to workplace
[I] Health chiefs confirm Oxford-AstraZeneca Covid jab safe to use
[S] Kotoko Signs Second Brazalian Player
[N] It Is A Blatant Lie That I’ve Declared My Prez Ambition-Agric Minister
[S] Accra Mayor to change face of sports in Greater Accra
[S] Ambassador Lutterodt charges GOC prez to tackle Martha Bissah issue
[S] Ben Nunoo-Mensah hits ground running for GOC
[S] Black Stars to Engage Uzbekistan In International Friendly
[N] House of Chiefs calls for collaboration with MMDCEs for development
[N] Baby Harvesting: More suspects picked
[N] Police pledge commitment to bringing Sheikh Maikano’s murderers to book
[B] ARB Apex Bank admitted to Ghana-Sweden Chamber of Commerce
[N] Desist from starting race ahead of time - Obiri Boahen to NPP presidential
[N] Gov’t announces construction of five interchanges in Ashanti
[N] Controversial textbooks: NPP urges NaCCA to enforce rules without fear or favour
[N] Staff working on Tamale interchange call off strike
[N] Newly proposed taxes a huge hindrance to businesses’ recovery
[N] Government can’t take a unilateral decision on salaries for public workers
[N] Ghana records 2 new Covid-19 variants; experts call for immediate action

2021-03-17

[S] First GFA safety and security seminar takes place today
[B] NDPC holds consultation medium term framework for 2022-2025 in Oti
[B] More investments recorded in Western Region despite COVID-19
[N] Ghana records 698 COVID-19 deaths
[N] NDC’s Ofosu Ampofo behaves like a toddler – Allotey Jacobs
[S] Don’t tax sports betting, ban it – Ato Forson to government
[N] Ama Benyiwaa Doe slams Allotey Jacobs; says he has no influence
[N] Approving Akufo-Addo’s ministers ‘regrettable and unfortunate’ – NDC caucus
[S] Don't rush Satellites players, warns GFA coaching boss
[N] Eastern Regional Hospital detains 246 patients for non-settlement of bills
[N] COVID-19 vaccination in Ghana: 1,000 reports received on adverse effects
[N] Ignore reports of rift between local, foreign staff at AfCFTA secretariat – Govt
[N] Remain calm, support our leadership in Parliament – NDC Council of Elders
[N] Ghana hasn’t recorded any case of blood clots from COVID-19 vaccination – FDA
[N] 9-year-old boy burnt to death as stepfather sets house ablaze
[B] Budget cuts for legislature, judiciary won’t be entertained – Speaker
[I] Half of UK managers back mandatory Covid vaccines for office work
[I] Brussels to propose Covid certificate to allow EU-wide travel

2021-03-16

[I] Nick Candy leads £1m drive to oust London mayor Sadiq Khan
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Business

[ 2016-07-21 ]

Archie Hesse - CEO of GhIPSS

GhIPSS pushes for adoption of POS devices in retail
Shop owners and retailers could increase their
sales with the adoption of Point of Sales (POS)
devices for transactions.

This is the advice from the Ghana Interbank
Payment and Settlement Systems (GhIPSS).

GhIPSS, which aims at achieving a cashless
economy, also believes transactions could extend
after normal working periods as shoppers would not
be limited by the cash they carry on them and can
afford to spend more.

The Chief Executive of GhIPSS, Archie Hesse also
tells Citi Business News his outfit is
collaborating with banks to facilitate the use of
the hybrid point of sale devices to champion this
cause.

“We want to reduce the use of cash in the
country and as usual, we are partnering with the
banks to deploy the hybrid point of sale device
which accepts both the E-zwich and local cards and
the other international cards as well,” he
said.

Mr. Hesse added, “We’re bringing to the
attention of the various shops that they can
actually deploy the hybrid point of sale devices
and in so doing, their customers can have the
option of paying for their goods and services in
using cards as opposed to using cash.”

Instant interbank transfer takes off

Meanwhile Mr. Hesse has indicated that the instant
interbank cash transfer system introduced last
month is currently being carried out in real
time.

He however explains that only about seven banks
can either receive, send or conduct both
transactions.

The GhIPSS boss is however optimistic that the
process will be fully implemented by the end of
this year.

“We have moved from the pilot stage to the live
stage where we currently have about seven to eight
banks that are able to send instant interbank
payment with about the same number that can
receive. The rest of the banks are going through
various certification stages and I believe that by
the end of this year, all banks must be on
board,” he stated.

The instant interbank transfer system allows a
customer to withdraw or deposit into a personal or
another account in the same bank or another bank,
in real time.


Source - citifmonline.com



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