So as to advance computerized exchanges and installments and lessen the spread of the coronavirus, the Central Bank of Ghana (BoG) has said all portable cash moves of GH₵100 ($18) and beneath will draw in no charges from specialist organizations for the following three months in the nation.
The bank has additionally expanded portable cash day by day confines and multiplied the sum computerized wallets can hold.
This new arrangement which is subject for survey, will begin Friday, March 20, 2020.
In an announcement, the BoG gave the accompanying mandate:
The Bank of Ghana has concurred with banks and portable system administrators
on measures to encourage progressively productive installments and advance computerized types of
installments for the following three months, subject to survey, successful March 20, 2020.
All portable cash clients can send up to GH₵100 for nothing (barring money
out). This remembers sending to a beneficiary for a similar system, or
another system by means of the interoperability stage.
All cell phone endorsers are currently allowed to utilize their as of now
existing cell phone enlistment subtleties to be on-boarded for Minimum
The every day exchange limits for versatile cash are to be expanded
The portable cash wallet limits are to be expanded
As African states fight with the economy trouble welcomed on by this pandemic, it is urging to see them move to reduce its consequences for the average folks and receive advanced installments as an extraordinary option in contrast to the issue.