This follows the passage of the Payment Systems and Services Act, 2019 (Act 987) in accordance with the licensing application pack for payment service providers.
The Central Bank of Ghana has released the list of companies licensed and approved to operate as electronic money issuers and payment service providers for business transactions in the country.
Pulse Ghana
This follows the passage of the Payment Systems and Services Act, 2019 (Act 987) in accordance with the licensing application pack for payment service providers.
The Act amended and consolidated the laws relating to payment systems, payment services and to regulate institutions that carry on payment service and electronic money business and to provide for related matters.
According to the Bank of Ghana, these institutions have received regulatory approval to do business with the public.
The list include five dedicated electronic money issuers and 21 payment service providers.
Below is the full list of approved firms.
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