According to the Bank of Ghana, the emergency of FinTech solutions has introduced significant complexities that require the sector supervisor’s focus, to understand and supervise effectively.
Bank of Ghana explained that the new Fintech and innovation office will be in charge of for licensing and oversight of dedicated electronic money issuers (mobile money operators), payment service providers (PSPs), closed-loop payment products, payment support solutions and other emerging forms of payment delivered by non -bank entities.
It added that the office will also develop policies to promote FinTech, innovation, and interoperability in Ghana.
The Bank said stakeholders and the general public are advised to contact the Fintech and innovation Office for further information and channel all enquiries to:
FinTech and Innovation Office
Bank of Ghana
1 Thorpe Road
Tel: +233 30 273 9650
Email: fintech boa.qovith