FinTech Policy of the Year: Bank of Ghana

- By Joasia E. Popowicz
- @joasiaepopowicz
- 14 Jun 2022

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The mobile money market in Ghana is one of the fastest growing in Africa, with $126 billion of transactions last year. Around 40% of Ghanaians above the age of 15 use mobile money platforms.

The process of putting money into a phone wallet is known as ‘cash in’. Once sent to another account, a user can visit an agent, who will convert the mobile money to ‘cash out’. “We’re now allowing the creation of money wallets, where you create electronic money that is a derivative of the transaction to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact info@centralbanking.com to find out more.

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com