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First Deputy Governor’s Address at a Virtual Stakeholder Workshop on Payment Systems & Service Act, 2019
Over the past decade, the Ghanaian economy has undergone phenomenal transformation as a result of growing adoption of digital technology. Individuals, businesses and government have shown strong preference for digital payments for reasons of convenience, efficiency, speed, affordability, round the clock availability, and robust audit trail. Besides the evolving consumer preferences, digital innovations have proven capability for tackling the nagging financial exclusion problems as evidenced by the tremendous success of mobile money in Ghana.