The Bank of Ghana (BoG) has released the list of regulated companies approved to operate as electronic money issuers and payment service providers for business transactions in the country.
They include five dedicated electronic money issuers and 21 payment service providers.
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 Central Bank, these institutions have received regulatory approval to do business with the public.
Below is the full list of approved firms. Further details of the institutions are also provided here.
Dedicated electronic money issuers
- Airtel Mobile Commerce (Ghana) Limited
- GCB G-Money
- Yup Ghana Limited
- Vodafone Mobile Financial Services Limited
- Zeepay Ghana Limited
Payment service providers
- AppsNmobile Solutions Limited
- Bsystems Limited
- Cellulant Ghana Limited
- Dreamoval Limited
- Emergent Payments Ghana Limited
- Etranzact Limited
- ExpressPay Ghana Limited
- Fast Pace Transfer Limited
- Global Accelerex Ghana Ltd
- Halges Financial Technologies Limited
- Hubtel Limited
- IT Consortium Limited
- MFS Ghana Limited
- Moolre Limited
- Nfortics Ghana Limited
- Nsano Limited
- PaySwitch Ghana Limited
- Transsnet Payments Ghana Limited
- Techfin Innovations Ltd
- ZappGhana Limited
- Titan Payment Systems
Source: citiibusinessnews.com
