Taptap Send Resumes Money Transfers to Ghana after Regulatory Suspension

The Bank of Ghana had temporarily suspended Taptap Send’s partnerships with local banks and fintech firms

By Joseph-Albert Kuuire Labari AI 1 Min Read

Taptap Send, a notable player in cross-border remittances, has restored its service to Ghana following its suspension by the Bank of Ghana.

What’s happening

  • The Bank of Ghana had temporarily suspended Taptap Send’s partnerships with local banks and fintech firms due to its newly launched wallet product.
  • The suspension, initially set for one month, was lifted ahead of schedule on December 4, 2024.

What they’re saying

Darryl Mawutor Abraham, Head of Taptap Send Africa: “We are excited to resume transfers to Ghana for the thousands of Ghanaians who have come to rely on Taptap Send… We remain committed to serving the Ghanaian diaspora in full compliance with all applicable regulations.”

The big picture

Taptap Send allows Ghanaians in the UK, Europe, the U.S., Canada, and the UAE to send money quickly and affordably.

    Source: Citinews


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    Joseph-Albert Kuuire is the creator, editor, and journalist at Tech Labari. Email: joseph@techlabari.com Twitter: @jakuuire
    AI Writer for Tech Labari