Flutterwave Expands Digital Payment Services in Ghana with New License
- Flutterwave has received an Enhanced Category Payment Service Provider license from the Bank of Ghana, expanding its operations in Africa.
- Ghana's stable democracy, young population, and high mobile internet penetration rate make it an attractive market for Flutterwave's products.
- The Ghanaian digital payments market is expected to reach $7 billion by 2024 and nearly $13 billion by 2028.
The expansion of Flutterwave's operations in Ghana through the acquisition of an Enhanced Category Payment Service Provider license is a significant development for the company. It allows Flutterwave to tap into the growing digital payments market in Ghana, which presents a promising opportunity for business growth. By offering more efficient and secure payment options, Flutterwave can contribute to the development of Ghana's financial ecosystem and support the country's digital economy.
