The Vice President, Dr Mahamudu Bawumia, hit the street of Accra today, Thursday, November 19, 2020, to formally outdoor the Universal Quick Response (QR) Code and Proxy Pay system.
As part of this, Dr Bawumia set the tone by buying waakye with the digital payment system.
The QR Code and Proxy Pay platforms, which were launched in March 2020, are part of plans to enhance digital payments as the government pursues a cash-lite agenda.
The Vice President said the QR Code makes it possible for all merchants, service providers, and institutions to receive payments from bank accounts, e-zwich accounts, mobile money wallets, or internationally issued visas or MasterCards instantly.
In a Facebook post, he entreated everyone to subscribe to the digital payment system as it is accessible to all.
I used my universal QR code pin to purchase Waakye this morning from Auntie Muni at Ridge in Accra.
The Universal QR code being used in Ghana is first of its kind in Africa and also one of the best interoperable payment acceptance solutions in the world.
This will help us move further into the cashless direction of the digitisation drive because there will be no need for merchants to have point of sales devices, with the QR code platform, all they need is a mobile phone and even a “yam phone” will work.