Chief Executive Officer of the Ghana Interbank Payment and Settlement Systems (GhIPSS), Clara B. Arthur, says the evolution of the Cedi into digital payment platforms reflects Ghana’s progress toward a modern and resilient economy.
Speaking on Joy FM’s Super Morning Show on Tuesday during the launch of the Cedi@60 celebration at the Accra International Conference Centre, she said digitisation has become the backbone of the currency’s relevance today.
“For us, it’s important that now we can have the representation of the Cedi in digital form,” she noted.
“Everybody is using mobile money now, and that just shows you the journey of the Cedi right from the beginning to the end.”
The Cedi@60 celebration is being held under the theme: “60 Years of the Cedi: A Symbol of Sovereignty, Stability, and Economic Resilience.”
Clara Arthur explained that GhIPSS was set up to ensure interoperable payment systems that allow digital financial services to flourish — a key step in keeping the Cedi competitive in a fast-changing global financial environment.
“With all of the growth in mobile financial services and the fact that we have found a way to digitise the Cedi to enable payments for goods and services brings me great joy,” she said.
She added that marking the Cedi’s 60th anniversary while leading GhIPSS highlights how far the country has advanced in creating a strong digital financial ecosystem.
“It just shows us what has been achieved, what we have done and the future for the Ghana Cedi,” she said, expressing optimism that the currency will continue to serve as a symbol of stability and economic strength.
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