What is GhIPSS Instant Pay?
GIP is Ghana's real-time account-to-account rail, run by GhIPSS, a Bank of Ghana subsidiary. It processed 202.8 million transactions worth GH¢712 billion in 2025, double the 2024 value, and powers bank app transfers, USSD payments and GhQR.
In detail
GIP is Ghana's real-time account-to-account rail, run by GhIPSS, a Bank of Ghana subsidiary. It processed 202.8 million transactions worth GH¢712 billion in 2025, double the 2024 value, and powers bank app transfers, USSD payments and GhQR.
How people pay in Ghana in 2026
Account-to-account rails sit behind the wallets. GhIPSS Instant Pay doubled to GH¢712 billion in 2025, and GhQR, the universal QR scheme, lets a bank app, a wallet or a card pay the same merchant code.
Payment by bank transfer in Ghana
Bank transfers in Ghana run on GhIPSS, the Bank of Ghana subsidiary that operates the national switch. Its instant payment rail, GhIPSS Instant Pay (GIP), moved GH¢712 billion across 202.8 million transactions in 2025, with value up 100.5% in a year. GIP is what bank apps, USSD menus and gateways use when a customer pays from an account rather than a wallet. Mobile Money Interoperability, also run by GhIPSS, links wallets to bank accounts and to each other and reached 290 million transactions worth GH¢51.6 billion.
More detail in our #PayWorldTour guide Payment methods in Ghana.