GhIPSS Instant Pay (GIP)
- Geographic Reach
Ghana
- Gender
No
- Geographic Region
West Africa
- Coverage
Domestic
- Year Of Establishment
2015
- Ips Type
Bank
- Interoperability Arrangement
Multilateral
- Governance Typology
Central bank led
- Ownership Model
Regulator-owned
- System Owner
GhIPPS
- Overseer
Bank of Ghana (central bank)
- System Governance
GhIPSS
- Operator
GhIPSS
- Settlement Agent
Bank of Ghana (central bank)
- Number Of Unique Ips End Users
-
- Total Number Of Participants2025
285
- Number Of Direct Participants Commercial Banks
24
- Number Of Direct Participants EMoney Issuers
5
- Number Of Direct Participants MFIs
-
- Number Of Direct Participants Other
-
- Number Of Direct Participants Post Office
-
- Indirect Participants Type
E-money Issuers (6), Other (PSPs, Fintechs etc.) (52), Savings and Loans companies and MFIs (199)
- Number Of Indirect Participants
256
- Supported Use Cases
P2P, P2B, P2G , B2B, G2P, B2P
- Supported Instruments
Credit EFT, Debit EFT, E-money
- Primary Local Channel
USSD
- Supported Channels
USSD, App, Browser, QR Code, POS, Agent (banking), ATM
- Qr Code Enabled Type
Both
- Messaging Standard
ISO 8583, Proprietary
- Proxy Id
Bank account number , Mobile phone number, Merchant ID
- Other Proxy Id Type
-
- Business Model
Not-for-loss
- Pricing Structure
Cost recovery
- Scheme Rules Public
No
- Additional Recourse Requirements
No
- Dispute Resolution Mechanism
Yes
- Api Use Function
Yes
- Startup Funding Source
Bank of Ghana
- Participation In Decision Making
Yes
- Mechanism For Decision Making
Stakeholder engagements.working groups through the Payment Systems Advisory Committee (PSAC)
- Ability To Become Direct Participants
No
- Entities That Cannot Participate
Microfinance Institutions, Savings & Loans, PFTSPs, PSP Standard and PSP Medium Category
- Min Value For Transactions
No min. value
- Corporate Structure
Private limited company
- Other Corporate Structure
-
- Pull Request To Pay Enabled
Yes
- Third Party Connections Enabled
No
- Real Time Payment Confirmation
Yes
- Transaction Validation Enabled
Yes
- Inclusivity Ranking
Progressed
