Ghana in talks with over 10 African countries on digital payments interoperability

The Bank of Ghana is discussing connecting digital payment systems with more than 10 African countries, building on pilots with Nigeria and Rwanda. The pilots tested interoperability among CBDCs, stablecoins, bank accounts and mobile wallets, with PAPSS extended to mobile wallets on the Ghana-Nigeria corridor.

• Talks cover more than 10 African countries beyond Nigeria and Rwanda pilots
• Pilots tested CBDCs, stablecoins, bank accounts and mobile wallets
• Cross-border payments in Africa cost over 8% versus a 3% target
• Ghana Card has been issued to over 20 million people for verification