{"id":52850,"date":"2023-08-28T16:02:02","date_gmt":"2023-08-28T16:02:02","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=52850"},"modified":"2023-08-28T14:38:56","modified_gmt":"2023-08-28T14:38:56","slug":"eganow-gets-licensed-as-a-service-provider","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/eganow-gets-licensed-as-a-service-provider","title":{"rendered":"Eganow Gets Licensed As A Service Provider"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Ghana. <\/strong><\/span><b>Bank of Ghana has issued Ghanaian FinTech firm Eganow with an Enhanced Payment Service Provider license.<\/b><\/p>\n<p>The license allows Eganow to undertake the aggregation of merchant services, and processing services, print personalized EMV cards, facilitate international remittance services, and deploy POS solutions, among other things.<\/p>\n<p>It also enables the company to collaborate with financial institutions and holders of lower licenses, such as the PSP Medium and PSP Standard licenses, to carry out their permissible activities in the country.<\/p>\n<p>Commenting on the importance of the license to the business, Chief Executive Officer, Louis Amenyo Adanuty said, \u201cEganow is now well-positioned to meet the demands of the expanding working adult population who are excluded from basic financial services.\u201d<\/p>\n<p>Despite growing mobile penetration, more than 300 million working adults in Africa lack access to financial services such as bank accounts, insurance, credit, mortgages, and investments, because traditional banks have frequently ignored this rising young population segment due to their financial status.<\/p>\n<p>\u201cBut this is about to change,\u201d said Adanuty.\u201cThrough our soon-to-be-launched Eganow app, we will revolutionize the financial services sector in Ghana and globally. We are poised to connect the unbanked and the growing young population with our technology and bring financial inclusion to millions.\u201d<\/p>\n<p>The company is set to launch the Eganow app later this year.<\/p>\n<p>Over the past 15 years, technology solutions offered by Eganow\u2019s parent company, Teksol, have been extensively used in the financial services sector in Ghana and in other African countries. Currently, more than 100 financial institutions in Ghana and other countries are powered by Teksol\u2019s solutions.<\/p>\n<p>Eganow is ISO 27001:2013 certified by TNV, the world\u2019s leading Security Management System Certification Company. This means it\u2019s digital finance platform and solutions has been globally recognized as one of the most secured and credible.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/ghana\">Ghana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Ghana. Bank of Ghana has issued Ghanaian FinTech firm Eganow with an Enhanced Payment Service Provider license. The license allows Eganow to undertake the aggregation of merchant services, and processing services, print personalized EMV cards, facilitate international remittance services, and deploy POS solutions, among other things. It also enables the company to collaborate [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":52849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[5092,5096,429],"class_list":["post-52850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Eganow Gets Licensed As A Service Provider - Ghana<\/title>\n<meta name=\"description\" content=\"Bank of Ghana has issued Ghanaian FinTech firm Eganow with an Enhanced Payment Service Provider license. 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