Egyapa Mercer Hails BoGs Decision On Ghana Card For Bank Transactions

Member of Parliament for Sekondi, Andrew Egyapa Mercer has justified the Bank of Ghana's directive that Ghana card will be the only card for bank transactions in Ghana.

The Bank of Ghana (BoG) has issued an ultimatum to Ghanaians who haven't yet acquired their cards to do so as from July this year, the Ghana card will be the only useful card for all bank transactions.

A statement signed by BoG Secretary, Sandra Thompson said “…with effect from July 1, 2022, the Ghana Card shall be the only identification card that will be to undertake transactions at all Bank of Ghana licensed and regulated financial institutions…The Public is to note that no other form of identification will be accepted for financial transactions in Bank of Ghana after the effective date stated above”.

Lawyer Andrew Egyapa Mercer is optimistic that this directive will help with the digitization policy by the Government of Ghana.

To him, the directive is in the right order, ''why? Because if everyone has the Ghana card, government will have the data on everybody that it can use that means to leverage for every person's contributions to be made. Aside that, significantly, the government will be able to identify the vulnerable and provide them with support''.

He said this during Peace FM's ''Kokrokoo'' Thursday morning.