appsNmobile gets Enhanced Payment Service Provider license from BoG


    One of Ghana’s fast-growing payment service aggregators, appsNmobile Solutions has been given a Payment Service Provider Enhanced License by the Bank of Ghana. 

    The license follows the passage of the Payment Systems and Services Act, 2019 (Act 987), which mandates all payment service providers to meet a set minimum capital requirements, governance and system standards before operating.

    The new categorization is part of the Central Bank’s quest to maintain a sound financial system, foster financial inclusion and innovation, protect the safety, security and stability of the financial sector.

    Having met all the requirement, appsNMobile made the list at number one of 21 payment service providers recently published by the BoG.

    Chief Executive Officer of appsNmobile Solutions, Richard Bansah expressed optimism about the future of the Fintech ecosystem in the country following the introduction of the new licensing regime by the Central Bank.

    He said the licensing regime will attract confidence and trust for the payment service providers.

    This, according to him, “will enable payment service providers develop innovative products in partnership with banks and other licensed companies to promote financial inclusion and ensure that end users are the winners at the end of the day.

    “Today, there are many merchant points where mobile money is accepted, reducing the need to take cash out to make some payments,” he observed.

    About appsNmobile Solutions Limited.
    appsNmobile Solutions Limited was founded in 2015 and has since evolved from software development to a leading payment aggregation solutions provider in Ghana.


    Orchard: This is the centerpiece of our payment gateway. A robust platform designed in-house that allows mobile money and cards payments functionalities. Integration to this platform enables businesses to send or receive funds seamlessly from their own systems or applications. All mobile money transactions on the platform go through the OneWallet virtual account with the Telcos.

    VPOS: This is a complex USSD-enabled payment app carefully designed with specific dynamic menus for churches, hospitals, schools, OMCs and general merchants. Each merchant is given a unique USSD Short Code extension. Entities with multiple branches/locations can each receive their transaction notification. Meanwhile, the Head Office of the entity that has been set up on the platform has access to a portal to view all transactions by branch across the entire organisation.


    Trickles: The leading e-commerce app on the Ghanaian market that enables customers shop with ease with the added flexible option of installment payment plans. The app will soon provide subscribers flexible micro insurance and financial services in partnership with key industry players.


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