Ghana's Universal QR Code Launched

In line with the digitisation of Ghana's economy, the vice president of Ghana, Dr Bawumiah has launched a Universal QR Code payment system.

This payment system will further our drive towards a cashless economy and also make payment in Ghana easier and more convenient.

Speaking at the launch, Dr Bawumiah explained that, 'When you go to the merchant with a universal QR Code, as long as you have a bank account from any financial institution or a mobile money account from a telco, you will be able to pay the merchant regardless of which bank or telco has acquired the merchant or service provider instantly.'

What is a QR Payment System?

This is a contactless payment method where payment is performed by scanning a QR code using a smartphone.

This has come at a very apt time as health experts are advising people to make less contact during this COVID-19 pandemic.

How will this universal QR Code work?

To use this QR code payment as a customer, you scan the QR code displayed by the merchant (e.g restaurant, supermarket, hotel) with your smartphone's camera to pay for their goods/services. You then enter the amount you have to pay and finally submit.

You may also dial a short code to make payment.

Will I pay for using the Ghana QR code?

No, you won't be charged any fee as a customer.

How to Register for Ghana QR Code (GHQR)?

Visit your payment services provider (e.g bank) to sign up.

For Merchants

With this Universal QR code, a merchant can receive payments instantly from customers with bank accounts, wallet accounts or card accounts from different banks and payment service providers across the country.

How to sign up for the Ghana QR code?

Contact your payment services provider eg. banks and ask to be registered.

You will need your business registration documents to sign up.