I have received several frantic calls from players in Ghana's fintech ecosystem deeply worried about a statement circulating today that @MTNGhana and @MTNNG have commenced cross border payments.
Despite our commitment to a seamless and inclusive financial ecosystem, there are regulations for the industry. My checks with @thebankofghana indicate that no such licence has been issued for cross border payments.
We would work with all stakeholders as the Ministry for Digital Technology to ensure a favourable ecosystem that protects investments, supports innovation and offers the best products to our citizens.
For God and Country.🦁🇬🇭
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