Governor, Bank of Ghana Dr Ernest Addison
The Bank of Ghana (BoG) has issued its first Dedicated Electronic Money Issuer licence, to a local Financial Technology (Fintech) company, Zeepay Ghana Ltd.
In a statement Thursday, the Bank of Ghana said the move is part of efforts to deepen financial inclusion in the country.
According to the BoG, the licence authorizes Zeepay Ghana Ltd, to operate as a Dedicated Electronic Money Issuer, providing the following services: Cash In, Cash Out, P2P Transfers (Peer to Peer), Bill Payments, Airtime Top-Up and International Money Transfer (IMT).
The Bank of Ghana has, therefore, reiterated its commitment to providing an enabling environment for Fintechs, industry players and other stakeholders, to operate in the payment services space in Ghana.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Amazon faces US strike threat ahead of Christmas
12 minutes -
Jaguar Land Rover electric car whistleblower sacked
18 minutes -
US makes third interest rate cut despite inflation risk
24 minutes -
Fish processors call for intervention against illegal trawling activities
36 minutes -
Ghana will take time to recover – Akorfa Edjeani
1 hour -
Boakye Agyarko urges reforms to revitalise NPP after election defeat
1 hour -
Finance Minister skips mini-budget presentation for third time
1 hour -
‘ORAL’ team to work gratis – Ablakwa
2 hours -
Affirmative Action Coalition condemns lack of gender quotas in Transition, anti-corruption teams
2 hours -
December 7 election was a battle for the ‘soul of Ghana’ against NPP – Fifi Kwetey
2 hours -
Social media buzzing ahead of Black Sherif’s ‘Zaama Disco’ on December 21
2 hours -
Afenyo-Markin still suffering from the massive defeat – Fifi Kwetey
2 hours -
Retain Afenyo-Markin as NPP leader, he has experience – Deputy Speaker
2 hours -
Kufuor didn’t leave behind a strong economy – Fifi Kwetey
2 hours -
It won’t be business as usual, remain humble – Fifi Kwetey to party members
3 hours