A list of the approved regulated companies which should work as electronic money issuers and payment service providers while transacting has been given. Among the 26 companies, five of them are electronics money issuers while the remaining 21 companies are payment service providers.
Following the passage of the payment system and services Act, 2019 (987), according to the licensing application pack for payment service providers.
According to the report, the Act changed and accepted the laws related to payment systems, payment services, and institutions’ regulations. The laws are related to the payment service and electronic money business and related issues.
The Ghanaian Central Bank stated that the listed companies have already been approved to do business with the public.
The dedicated electronics money issuers include:
a)Airtel money commerce (Ghana) Limited
c)Yup Ghana Limited
d) Vodafone Mobile financial services limited
e)Zeepay Ghana Limited
Payment service providers include
1) AppsNmobile solutions Limited
2) Bsystem 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 Accerex Ghana Limited
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) Transnet Payments Ghana Limited
19) Techfin Innovations Limited
20) ZappGhana Limited
21) Titan payment Systems