Ghana: Payment Systems and Services Act to Boost Digitisation Processes --Governor, BoG... - 0 views
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The Payment Systems and Services Act would help create an enabling environment for the on-going digitisation processes in the economy, Dr Ernest Addison, the Governor of the Bank of Ghana has said.
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The Act, passed in March this year and assented to in May, is part of a broader strategy by the Bank of Ghana to create an enabling regulatory environment for convenient, efficient and safe retail payments and funds transfer mechanisms.
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This new act is going to impact MTN-Ghana position in the market as new market participants will find a lenient political and regulatory environment and will decide to enter the Ghanian's market.