Ghana Interbank Payment and Settlement Systems (GhIPSS) and HPS, a global payments solutions provider have released the Universal QR Code and Proxy Pay platforms in a step towards a cashless society.

The solution will allow customers to make instant payments for goods and services to merchants from various funding sources on any platform.

Archie Hesse, CEO of GhIPSS indicated that, his outfit is excited to go-live with this innovative QR Code solution from HPS that provides cutting-edge national electronic payments infrastructure to Ghanaians.

“At this time, our quest towards a modern, cashless society is more important than ever and we are proud to be the first African country to implement this universal QR code solution. HPS has delivered an agile, comprehensive solution during a time of global crisis and we can foresee incredible benefits.” He said.

Abdeslam Alaoui Smaili, CEO of HPS also mentioned that, not only will the solution benefit consumers and merchants in terms of convenience and cost, but will also contribute immensely to the long-term goal of a cashless society.

The initiative with HPS comes as the first of its kind in Africa.