Nigerian banks begin QR code payment in Ghana

Six banks in Ghana, including three with their headquarters in Lagos, have initiated services to allow the public pay for goods and services through the universal Ghana Quick Response (Gh QR) code.

The banks are Ecobank, GCB Bank, Zenith Bank, Bank of Africa, Fidelity Bank and Agriculture Development Bank.

The remaining banks are still in the process to enable them to begin the rollout.

With the QR code, the company said, customers only needed to scan the codes displayed at various shops and other outlets with their smartphones to make payment.

“Those who do not have smartphones can pay with their feature phones by dialling a code that will also be displayed at the merchant’s location. QR code is cheap and easy to set up. It is also a quick and secure way to make payment,” a statement said.

The other five banks have begun deploying their Gh QR codes at various outlets.

The Chief Executive of GhIPSS, Mr Archie Hesse, commended the banks and challenged others to quicken up the processes, as they risked losing their clients to other banks.