The Bank of Ghana (BoG) has announced the suspension of the remittance partnership of three Payment Service Providers for one-month, effective September 18. The institutions are Flutterwave, Celulant Ghana and Halges Financial Technologies The central bank, in the notice, stated that the action was due to breaches of its updated guidelines for inward remittance services […]
The Bank of Ghana (BoG) has announced stricter measures against Banks, Dedicated Electronic Money Issuers (DEMIs), Enhanced Payment Service Providers (EPSPs), and Money Transfer Operators (MTOs). This comes as part of the ongoing fight against non-compliance with inward remittance guidelines. In a notice signed by Sandra Thompson, Secretary at the central bank, the bank observed […]
