This is the maiden edition of Ghana’s Payment Systems Annual Report. The report aims at highlighting developments and identifying vulnerabilities in the payment systems space that may pose risk to price and financial stability.
This report also aims at supporting policy to deepen the payment systems and also help to foster financial and social inclusion.
The year 2015 witnessed significant changes in the Ghanaian Payment Systems. Most prominent was the introduction of the Guidelines for Electronic Money Issuers and Agent Guidelines in July.
These Guidelines were issued as part of the Bank’s broader strategy to create an enabling regulatory environment for convenient, efficient and safe non-cash retail payment and funds transfer.
In addition, the Payment Systems Office of the Bank developed a series of prudential returns to collect and monitor developments in the electronic money business and also in the payment system landscape.
