Ghana and India set to link payment systems for instant fund transfers
Ghana and India are forging a partnership aimed at streamlining financial transactions between the two nations. Plans are underway to connect Ghana's Interbank Payment and Settlement Systems (GHIPSS) with India's Unified Payments Interface (UPI), allowing users to make instant and cost-effective fund transfers seamlessly. This landmark agreement, reached between the two countries, outlines a timeline of six months to integrate their payment systems. The move is expected to revolutionize cross-border transactions, facilitating swift and efficient money transfers between Ghana and India. A seven-member Indian delegation led by Shri Amardeep Singh Bhatia visited Accra for a Joint Trade Committee meeting with...
