Gender Ministry And GHHIPS Signs Contract To commence e-payment Of LEAP Cash Nationwide

The Ministry of Gender, Children and Social /Protection has signed a contract with the Ghana Interbank Payment and Settlement System (GHIPSS) to roll out an Electronic Payment (E-Payment) mechanism for the Livelihood Empowerment against Poverty (LEAP) beneficiaries.

The e-payment mode of cash delivery to be rolled out by GHIPPS will replace the current manual mode of cash delivery to LEAP beneficiaries.

Signing the contract in Accra on Tuesday, the Gender Minister Nana Oye Lithur explained that the e-payment mechanism is aimed at making the cash delivery mechanism to LEAP beneficiaries more robust, secured, transparent and efficient.

Nana Oye Lithur noted that the signing of the contract with GHIPSS will allow the current 144,980 beneficiary households (and subsequent expansion) in the 185 LEAP districts across the country to be paid electronically.

She revealed that the implementation of the e-payment mechanism will commence in January 2016 and it is expected to cover all LEAP districts and beneficiaries by the second LEAP payments in next year- that is March, 2016.

The Gender Minister noted that by this arrangement all districts which are currently being paid through the manual process by the Ghana Post Company Limited will be transited and integrated onto the e-payment platform by GHHIPPS popularly known as E-Zwich.

Mrs. Lithur urged GHIPPS to effectively ensure that LEAP beneficiaries are well sensitized about the new mode of payment and ensure that no LEAP beneficiary travel more than 5km to access their services

On his part, the Chief Executive Officer of GHHIPS Archie Hesse intimated that the e-payment mechanism will employ two factor authentications that are photographic verification and biometric fingerprint verification to ensure that LEAP cash can only be accessed by registered beneficiaries on the LEAP register.

Mr. Hesse further noted that the system will also provide financial inclusion for beneficiaries by creating opportunities for them to handle cash through the banking system.

GHHIPS CEO disclosed that E-payment will allow beneficiaries to have greater control over management of their funds as they will decide as to when to cash out, unlike the manual on the spot payment system. It will as well deliver accurate and timely generation of payment / reconciliation reports for the LEAP Programme.

He hinted that GHHIPS E-Zwich unlike other e-payment mode can be accessed at all commercial banks and rural banks as well as some identified service providers.

Mr. Archie Hesse promised his outfit will embark on a massive sensitization to get the LEAP Beneficiaries well informed about the new mode of payment and how to access their cash.

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