The Ghanaian subsidiary of Uruguayan payments company dLocal has secured an Enhanced Payment Service Provider (EPSP) licence from the Bank of Ghana, allowing it to operate more of its payments business locally.
The licence allows dLocal Ghana to provide local payment collections, merchant acquisitions, mobile-money acceptance, bank-transfer collections and local payouts through bank accounts and mobile-money wallets. The company had previously facilitated Ghana-related payment flows through its global platform and regulated third-party partners.
Ghana’s mobile money market processed GH¢4.54 trillion ($397 billion) in transactions in 2025, up 50.8% from the previous year, according to Bank of Ghana data. Internet banking transactions also rose to 47 million in 2025 from 26 million in 2024, highlighting the scale of the digital payments market dLocal is seeking to serve.
“dLocal’s primary goal is to simplify the digital lives of Ghanaians by providing a more reliable and seamless way to transact,” Oluwademilade Egbeyemi, Regional Expansion Manager (West Africa) for dLocal, said in a statement. “By operating under the guidance of the Bank of Ghana, we are building an infrastructure that gives people the confidence that their money is moving safely, whether they are a local business owner reaching new customers or a consumer paying for essential services.”
Originally published by TechCabal.