Payments Firm Secures Enhanced License from Bank of Ghana
- Flutterwave secures Enhanced Category Payment Service Provider license from the Bank of Ghana.
- Ghana's robust democracy, tech-savvy population, and high mobile internet usage make it an attractive market for Flutterwave.
- The Ghanaian digital payments market is projected to reach $7 billion by 2024 and $12.96 billion by 2028.
The acquisition of the Enhanced Category Payment Service Provider license by Flutterwave in Ghana is a significant milestone for the company. It not only allows Flutterwave to expand its operations in Africa but also demonstrates its commitment to regulatory compliance and supporting the financial inclusion of Ghanaians. With the projected growth of the Ghanaian digital payments market, Flutterwave is well-positioned to capitalize on the opportunities in the country.
