GHANA:Expresspay Making Instant Bank Transfers Possible

expressPay, the leading FinTech company in Ghana, released an exciting money transfer product that enables instant transfers to bank accounts in Ghana. Through this new service on Bank Direct, customers can transfer money into any bank account in the country from their own bank account (using their Visa, Mastercard, gh-link ) or mobile money wallet. The transfer happens instantly with the recipient receiving instant confirmation of payment. This product is currently the easiest way to get paid in Ghana.

expressPay worked closely with the Ghana Interbank Payment and Settlement System (GhIPSS) to release this service. The service facilitates instant money transfers to an extended network of banks using the new GhIPSS Instant Pay (GIP) infrastructure. Consumers can send money to over 20 banks from expressPay’s single platform. With just a few taps in the expressPay app, people can make direct bank transfers instantly.

“Over the past five years, expressPay has been providing a convenient and secure way for Ghanaians to pay their bills and services. We continue to focus on making payments seamless and efficient by creating new innovative products. In line with the broader cashless agenda, this was truly the next step in the evolution of our platform – a simple, real-time and efficient way to transfer funds to ease the way we do business in Ghana. The days of queueing in banking halls just to make a deposit are over. We are excited to work with GhIPSS, the banks and other financial institutions to make this a reality.” said Curtis Vanderpuije, CEO of expressPay.

Clara Arthur, General Manager of Projects and Business Development at GhIPSS commented “We have entered a new era in payments where the hallmark is speed and innovation. By expanding their portfolio to include the GhIPSS instant pay solution, expressPay has demonstrated their continued focus on customers’ present and future needs. This fits in well with GhIPSS’ vision to promote and migrate Ghana to an electronic payments society.
GIP promises unique personal and business experiences where real time means, ‘now’. Money can be sent at any time and the recipient will have it within seconds.
It will improve convenience, help businesses and institutions make and receive funds instantly. GhIPSS Instant pay is an alternative to cash; simply put, GhIPSS instant pay is just like cash, only better.”

expressPay continues to push the envelope on what’s possible in the FinTech arena. This innovation falls squarely in line with government’s drive to enhance financial inclusion and drive digital payments. This is a win for the sector and is sure to unlock incremental gains and drive efficiencies for consumers and businesses alike. 

Accessing this new service is simple – just follow the steps below: 

1. Download the expressPay app for free (
2. Login or sign up if you don’t have an account
3. Select ‘Bank Direct’ from the ‘Send Money’ category
4. Choose ‘Send to a bank account’, enter recipient’s details and pay with bank card or mobile money wallet