Ghana: Payment Systems and Services Act, 2019 (Act 987) including operational license requirement entered into force
Description
Payment Systems and Services Act, 2019 (Act 987) including operational license requirement entered into force
On 15 February 2020, the Payment Systems and Services Act, 2019 (Act 987) entered into force. An existing electronic money issuer or payment service provider was required to apply for authorisation or a licence under this Act within nine months of t…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government
Complete timeline of this policy change
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2019-05-13
adopted
2019-05-14
in grace period