GhIPSS CEO reiterates importance of collaboration among national payment switches

By:  Nana Appiah Acquaye

The Chief Executive Officer of the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS), Clara Arthur, has reiterated the importance of collaboration among national payment switches in advancing interoperability and real-time settlement across Africa. She made the remarks during the maiden PAPSS Cowry Conference held in Lagos.

Speaking alongside other industry leaders, Ms.Arthur shared Ghana’s progress in developing a unified national payments hub anchored by GhIPSS. She noted that the hub connects all licensed payment service providers in the country, enabling seamless transactions across multiple platforms.

The GhIPSS CEO outlined several collective actions African national switches must prioritise to accelerate the rollout of interoperable and inclusive payment systems capable of supporting cross-border transactions. She stressed that such systems would play a key role in scaling payment initiatives and strengthening financial integration across the continent.

She reaffirmed GhIPSS’s commitment to working closely with the Pan-African Payment & Settlement System (PAPSS) to develop solutions that support trade under the African Continental Free Trade Area (AfCFTA). According to Arthur, enhanced cross-border payment infrastructure is essential to expanding financial inclusion and driving economic growth.

She expressed appreciation to PAPSS for organising the conference and said she looked forward to future milestones that reflect the continent’s collective progress in digital payments.