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ARTICLE · 05 JULY 2021

How A FINTECH Can Obtain A Payment Service Provider License In Ghana

Have you been thinking of launching a business as a Payment Service Provider (PSP) in Ghana? Are you wondering what the requirements and processes will be; how quick and how easy?

GhanaTechnology

Have you been thinking of launching a business as a Payment Service Provider (PSP) in Ghana? Are you wondering what the requirements and processes will be; how quick and how easy? This article will give you the necessary information required to launch your PSP or FINTECH (financial technology) business in Ghana.

E-commerce is globally soaring and this trend is expected to continue. People can now order goods and services online and use same medium to make payments enabled by fintech. Thus, the world of business is changing gradually to adapt to the changes and development in technology. The emergence of COVID-19 especially has revealed the importance of e-commerce.

Therefore, the services of PSP companies enable companies and individuals to transact business across the globe with ease. Banks rely on PSPs to service their clients wherever they may be by using online payment apps and platforms, remittance or money transfer products, ATMs, visa cards, debit cards and

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