{"id":79234,"date":"2024-08-05T17:25:14","date_gmt":"2024-08-05T17:25:14","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/flutterwave-expands-operations-with-payment-service-provider-license-in-ghana"},"modified":"2024-08-05T17:30:42","modified_gmt":"2024-08-05T17:30:42","slug":"flutterwave-expands-operations-with-payment-service-provider-license-in-ghana","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/flutterwave-expands-operations-with-payment-service-provider-license-in-ghana","title":{"rendered":"Flutterwave Expands Operations with Payment Service Provider License in Ghana"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Ghana. <\/strong><\/span><b>Flutterwave, a leading payments technology company, has obtained a Payment Service Provider license (Enhanced Category) from the Bank of Ghana.<\/b><\/p>\n<p>This acquisition signifies a significant milestone in the company\u2019s expansion throughout Africa.<\/p>\n<p>This license allows Flutterwave to provide a comprehensive suite of payment services directly within Ghana, strengthening the country\u2019s digital financial ecosystem.<\/p>\n<p>Ghana is a promising market due to its stable democracy, tech-savvy youth population, and high mobile internet penetration rate of 71%, so Flutterwave anticipates rapid adoption of its innovative payment solutions.<\/p>\n<p>The digital payments market in Ghana is projected to grow to $7 billion by 2024, with an expected total value of $12.96 billion by 2028, driven by a growth rate of 15.78%.<\/p>\n<p>Flutterwave\u2019s license enables seamless and secure money transfers across Ghana.<\/p>\n<p>It will benefit businesses by offering direct collection and payout services, automated invoicing, payment links, and a versatile checkout solution supporting cards, mobile money, and bank transfers.<\/p>\n<p>Olugbenga\u2019 GB\u2019 Agboola, the Founder &amp; CEO of Flutterwave, expressed excitement about the license approval, stating, \u201cSecuring this license in Ghana brings us closer to uniting Africa\u2019s fragmented payment infrastructure.<\/p>\n<p>We are committed to driving economic growth while delivering unparalleled service to customers in Ghana and beyond.\u201d<\/p>\n<p>The Enhanced Category license allows Flutterwave to operate independently and streamline payment processes for businesses and customers.<\/p>\n<p>It also positions Flutterwave to support other licensed fintech companies in Ghana, enhancing the efficiency of the financial ecosystem.<\/p>\n<p>Oluwabankole Falade, Chief Regulatory Officer at Flutterwave, acknowledged the support of the Bank of Ghana, emphasizing Flutterwave\u2019s dedication to regulatory compliance and secure payment solutions.<\/p>\n<p>\u201cWe look forward to contributing to Ghana\u2019s business landscape and promoting financial inclusion locally and globally,\u201d Falade added.<\/p>\n<p><strong>For More News And Analysis About Ghana Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Ghana. Flutterwave, a leading payments technology company, has obtained a Payment Service Provider license (Enhanced Category) from the Bank of Ghana. This acquisition signifies a significant milestone in the company\u2019s expansion throughout Africa. This license allows Flutterwave to provide a comprehensive suite of payment services directly within Ghana, strengthening the country\u2019s digital financial [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":79233,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[429],"class_list":["post-79234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","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>Flutterwave Expands Operations with Payment Service Provider License in Ghana - Ghana<\/title>\n<meta name=\"description\" content=\"Flutterwave, a leading payments technology company, has obtained a Payment Service Provider license (Enhanced Categor ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/flutterwave-expands-operations-with-payment-service-provider-license-in-ghana\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Flutterwave Expands Operations with Payment Service Provider License in Ghana\" \/>\n<meta property=\"og:description\" content=\"Flutterwave, a leading payments technology company, has obtained a Payment Service Provider license (Enhanced Categor ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/flutterwave-expands-operations-with-payment-service-provider-license-in-ghana\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-05T17:25:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-05T17:30:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/08\/sm_1722866397.646082.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/flutterwave-expands-operations-with-payment-service-provider-license-in-ghana#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/flutterwave-expands-operations-with-payment-service-provider-license-in-ghana\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Flutterwave Expands Operations with Payment Service Provider License in Ghana\",\"datePublished\":\"2024-08-05T17:25:14+00:00\",\"dateModified\":\"2024-08-05T17:30:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/flutterwave-expands-operations-with-payment-service-provider-license-in-ghana\"},\"wordCount\":301,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/flutterwave-expands-operations-with-payment-service-provider-license-in-ghana#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/08\/sm_1722866397.646082.jpg\",\"keywords\":[\"ghana\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/flutterwave-expands-operations-with-payment-service-provider-license-in-ghana#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/flutterwave-expands-operations-with-payment-service-provider-license-in-ghana\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/flutterwave-expands-operations-with-payment-service-provider-license-in-ghana\",\"name\":\"Flutterwave Expands Operations with Payment Service Provider License in Ghana - 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