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Home African

Bank of Ghana Issued Eganow Operational ePayment Service License

Eganow’s Enhanced Payment Service Provider License:

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August 7, 2023
in African, Fintech
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In Brief
  • Eganow reports the acquisition of an Enhanced Payment Service Provider License from Ghana’s Central Bank has caused quite a stir in the payment industry.
  • The license will allow Eganow to offer enhanced payment services that were previously unavailable in Ghana.  This means faster, more secure transactions for customers and more...
  • What sets them apart is their innovative approach and big vision for the future.

Eganow reports the acquisition of an Enhanced Payment Service Provider License from Ghana’s Central Bank has caused quite a stir in the payment industry. The license will allow Eganow to offer enhanced payment services that were previously unavailable in Ghana. 

This means faster, more secure transactions for customers and more opportunities for businesses to grow. What sets them apart is their innovative approach and big vision for the future. But before we dive into that, let’s take a closer look at who they are and what they do.

Eganow is a licensed payment company that offers a range of payment solutions for businesses of all sizes. They pride themselves on their ability to provide fast, secure, and reliable payment processing services that cater to the unique needs of each of their clients.

The significant factor that makes Eganow stand out is its commitment to innovation. They are constantly developing new technologies and solutions to help businesses stay ahead of the curve. For context, they recently launched a mobile payment app that allows customers to make payments on the go, making the checkout process even more convenient.

 

Eganow’s vision goes beyond just payment processing. The Ghanaian FinTech start-up believes that technology can be used to create a more inclusive and accessible financial system for everyone. The Eganow team is actively working to break down barriers and make financial services more accessible to underserved communities.

The Ghanaian FinTech service provider is an exciting company to watch in the payment industry. Their innovative approach and big vision from printing users EMV cards, point-of-sale, merchant service aggregation, etc. make the Ghanaian FinTech start-up poised to make a big impact on the way we think about payments and financial services.

 

Eganow is licensed as an Enhanced Payment Service Provider

I recently had the opportunity to interview with Louis Amenyo Adanuty, the CEO of Eganow, a payment services company in Ghana. During the interview, we discussed the future of payment services in Ghana and how Eganow is working to improve the payment experience for Ghanaians. 

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“As a company, we have always wanted to address the needs of the growing working adult population who are often excluded from essential financial services. I’m excited because this license enables us to do just that,” Adanuty said.

Adanuty explained that Eganow is focused on making payment services more affordable and accessible to everyone, similar to what TymeBank is doing in South Africa. They are working on developing a mobile app that will allow users to make payments, transfer money, and even access loans. 

Eganow’s CEO emphasized the importance of customer satisfaction and making sure that their services are easy to use and secure. Eganow’s Enhanced Payment Service Provider license allows FinTech operations as a full-fledged payment service provider, which means that it can offer a wider range of services and products to its customers. 

The company was founded by a group of young entrepreneurs who were passionate about creating a solution that would make it easier for Ghanaians to make payments. They identified a gap in the market and set out to fill it.

 

Today, Eganow is one of the most successful fintech companies in Ghana. The company has helped to transform the payment landscape in the country, making it easier and more convenient for people to access financial services.

The company’s first product was a mobile payment platform that allowed users to make payments easily and securely using their mobile phones. The platform quickly gained popularity, and Eganow became known as a reliable and convenient way to make payments.

As the company grew, it expanded its product offerings to include a range of financial services, including loans and insurance. Eganow’s innovative approach to financial services has helped to make them accessible to a wider range of people in Ghana

This will help to improve the efficiency and security of payments in Ghana and ultimately contribute to the growth of the economy as a whole.

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