The news:
This development follows Flutterwave’s acquisition of an Enhanced Payment Service Provider Licence from the Bank of Ghana in August 2024. The licence authorised the company to provide a comprehensive suite of payment services, including direct merchant acquiring, issuance of electronic money, and provision of third-party payment services.
The combination of these licences positions Flutterwave to offer end-to-end payment solutions in Ghana, reducing the need for intermediaries.