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    Recent downgrades by S&P, Fitch ratings on Ghana unfair – African Peer Review Mechanism

    Private sector critical to renewable energy target- sector ministry

    Cedi Depreciation: Government urged to enforce laws on pricing in dollars

    Gov’t must invest more resources into agriculture sector – Agribusiness Chamber

    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Farmers worried about possible unfair distribution of MoFA machines

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

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    Cedi Depreciation: Government urged to enforce laws on pricing in dollars

    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    GEXIM CEO is one of Ghana’s 100 most influential business leaders

    Zenith Bank Ghana wins premium quality West African banking brand of the year 2021

    GIPC and GSE sign MoU to attract more investment into Ghana

    Appolonia City unveils its first commercial building; Adumuah Place

  • TECHNOLOGY

    We’re ready to re-engage gov’t on acquisition of Vodafone shares – Telecel

    New deadline for SIM re-registration too short – MoMo agents association

    Extend SIM card re-registration exercise to January 2023 – MoMo agents

    Vodafone agrees sell stake in Ghana’s business to Telecel

    Telecoms Chamber and IIPGH advocate sustained coding education

    IIPGH to enter coding education partnership with Telecoms Chamber

    PayAngel joins Microsoft for Startups Founders Hub

    Node 8, HTU hold first edition of Node X in Ho

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

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    Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

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    African countries that could follow Sri Lanka into economic chaos

    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

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BoG releases list of approved e-money issuers, payment service providers

April 1, 2021
in Banking And Finance, Top Stories
Reading Time: 2 mins read
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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.

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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

  1. Airtel Mobile Commerce (Ghana) Limited
  2. GCB G-Money
  3. Yup Ghana Limited
  4. Vodafone Mobile Financial Services Limited
  5. Zeepay Ghana Limited

Payment service providers

  1. AppsNmobile Solutions Limited
  2. Bsystems Limited
  3. Cellulant Ghana Limited
  4. Dreamoval Limited
  5. Emergent Payments Ghana Limited
  6. Etranzact Limited
  7. ExpressPay Ghana Limited
  8. Fast Pace Transfer Limited
  9. Global Accelerex Ghana Ltd
  10. Halges Financial Technologies Limited
  11. Hubtel Limited
  12. IT Consortium Limited
  13. MFS Ghana Limited
  14. Moolre Limited
  15. Nfortics Ghana Limited
  16. Nsano Limited
  17. PaySwitch Ghana Limited
  18. Transsnet Payments Ghana Limited
  19. Techfin Innovations Ltd
  20. ZappGhana Limited
  21. Titan Payment Systems
Source: Nii Larte Lartey / citinewsroom.com
Tags: Bank of GhanaPayment Service Providers
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