Communications, Digital Technology, and Innovations Minister, Sam George has explained that the Bank of Ghana has not issued a license for the cross-border payments between MTN Ghana and Nigeria.
There were reports that MTN Ghana and MTN Nigeria were introducing cross-border payments.
The information was met with mixed reactions, especially from industry folks who were of the view that it may have an effect on Ghana's fintech ecosystem.
But responding to the concerns raised, Sam George indicated that the government will work with all stakeholders to ensure a favourable ecosystem that protects investments, supports innovation and offers the best products to our citizens.
