The Bank of Ghana is introducing new measures to stop fraud in electronic payments. These measures will include using biometric verification to confirm transactions.
This plan comes as more criminals are trying to steal money through online banking and mobile money. The Bank of Ghana is worried about this trend.
Governor Dr Johnson Pandit Asiama stated that the central bank will work with banks to make these new systems happen. Biometrics use unique personal features like fingerprints or face scans to verify identity.
This will make it harder for fraudsters to access people's accounts. The goal is to make digital payments safer for everyone in Ghana.
The Bank of Ghana is committed to protecting the financial system from new types of crime.