GhIPSS Instant Pay is an electronic payment system that enables a customer to transfer money from one bank account to another of a different bank or to a wallet and the transfer is effected instantly.
Though instant pay can be accessed from the banking halls, it is mostly available on the various internet and mobile banking platforms of the banks. The service is provided by financial Institutions through channels like Mobile banking APP, USSD, Internet banking, intra-branch, ATM and POS devices.
GIP can be used by both Businesses & Individuals for payments of goods & services. GhIPSS Instant Pay is the fastest interbank payment system and it also offers the public one of the fastest ways to send or transfer money within the country.