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Vice President Bawumia announced the government's next digitization plan on Saturday, July 6, at the closing ceremony of the 2019 Diaspora Summit in Accra.
The 2019 Ghanaian Diaspora Celebration Summit aims to recognize and celebrate the immense contributions to nation-building, to focus on current contributions and to advocate for political and economic systems and policies. likely to facilitate future contributions from the Ghanaian diaspora.
"This year there will also be a remarkable introduction in Ghana of a universal QR code for payments.
This will help us to go further in the cashless way, as merchants will no longer need point-of-sale terminals with the QR Code platform. All they need is a cell phone and even a "yam phone" will work, "he said.
"With your mobile phones, you can make payments and the payment goes directly to the merchant bank account.If all goes well, the universal platform QR CODE Ghana will be introduced from the fourth quarter of this year", has underlined Dr. Bawumia.
The universal QR code is the world's first interoperable payment acceptance solution. It offers customers a simple option for digital payment on business transactions, reducing the technological challenges badociated with running the company cashlite.
The universal QR code will allow merchants to receive digital payments without using point-of-sale devices. Among the countries that have recently introduced universal QR CODE platforms are Singapore, which introduced it in 2018, India and China.
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