Home Africa Chipper Cash gets Bank of Ghana approval for US remittances

Chipper Cash gets Bank of Ghana approval for US remittances

by Radarr Africa

Chipper Cash, an African cross-border payments company, has received authorization from the Bank of Ghana (BoG) to provide remittance services from the United States of America to the country.

The approval follows on the heels of the fintech being granted an Enhanced Payment Service Provider License by the BoG to begin commercial operations in Ghana last August.

In an interview, the Chief Executive Officer of Chipper Cash in Ghana,  Mr Dion Jon Taylor Samson said his outfit was delighted to have received the approval.

He added that Chipper Cash would comply with all the regulations associated with providing the inward remittance service which was a major contributor to national income.

He said: “It is important for us fintechs to continuously work with the Central Bank not only to fully comply but also to make them aware of all our activities so that they may share in our vision and also provide advice and guidance”.

Source: Business Ghana

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