BoG PSP enhanced licenses have been granted to market innovators, IT Consortium Limited, Nsano, AirtelTigo, ExpressPay, Halges, Bsystems, Emergent, and PaySwitch.
The acquisition of the license, which is the highest license within the PSP category, follows the passage of the Payment Systems and Services Act, 2019 (Act 987) which creates an enabling regulatory and supervisory framework for non-bank entities, including financial technology companies, to participate in Ghana’s payment ecosystem.

IT Consortium

IT Consortium Limited is a wholly-owned Ghanaian company that adapts technology to create systems that provide clear competitive advantages for customers.

With a broad client base within the financial, education, government/public, and communication sectors, it combines its experiences across these industries to provide potent solutions to drive financial technology and financial inclusion innovations.

The BoG PSP enhanced license PSP license will provide further evidence of the company’s position as a market leader within the financial technology space and its commitment to providing innovative systems that offered competitive advantages to its clients.

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Nsano is a trusted financial technology solutions provider which has partnered with organizations, businesses, and governments in processing volumes of payment transactions across Africa, with the mission to democratize how e-money moves as they reinvent financial service delivery with technologically-driven solutions.

Obtaining the license buttresses Nsano’s position as a progressive industry leader, and a formidable technology partner of financial institutions, merchants, digital solution providers, remittance companies, and other fintech aiming to be guided to obtain a PSP (Standard) Licence.


PaySwitch provides powerful and efficient payment ecosystems for a wide spectrum of users, including start-ups and large organizations.

PaySwitch is a payment processing company that provides alternative banking solutions mainly to banks and financial institutions.

It has also extended its reach to organizations, associations, and individuals across the globe.


expressPay is an eCommerce marketplace and a payment gateway provider.
As a marketplace, expressPay gives consumers real-time access to services such as airtime for all the major telcos, Surfline internet, Vodafone broadband, DSTv, GOtv, etc.
A few taps on your phone and your service is restored in seconds. It also offers real-time payments for services such as schools and hotels with lots of other segments in the pipeline.

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As a payment gateway provider, expressPay is an official Visa Payment Technology Provider (PTP) and the leading Visa eCommerce processor in Ghana.

ExpressPay supports mobile money payments and all major international card networks – Visa, MasterCard, American Express, Discover, etc. expressPay serves as a one-stop-shop for the payment needs of eCommerce merchants. expressPay meets all the international security standards and is PCI DSS certified.


Bsystems Limited is a Software and Database Management Company offering cutting-edge IT-based business solutions that meet the present and future needs of businesses within the sub-Saharan marketplace.

At Bsystems, we combine worldwide corps of systems and services experts with vastly reliable indigenous systems to deliver value-added products and services to our customers.

As a wholly indigenous Ghanaian company, Bsystems was incorporated under the Companies Code, 1963 (Act 179) as a limited liability company in 1999.

Bsystems has made huge investments in software solutions thus becoming one of Ghana’s leading Systems Consulting and Software Development Company.

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With approximately 40 employees supporting over 45 companies including more than 25 banking and financial institutions that use Bsystems applications and Oracle-related products, Bsystems has partnered with industry leaders to provide service solutions unmatched within the Sub-Saharan marketplace.

The enhanced BoG PSP licenses to these market innovators are going to give them the needed trust of customers as their activities.

Innovare, a management consultancy company established to assist businesses to innovate through technology adoption and IT optimization, congratulated the market innovators for the licenses obtained, and express their pride in working with them.


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