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BoG Warns Against unlicensed Yellow Pay and Hanypay Digital Platforms

EFO MAWUGBE by EFO MAWUGBE
June 12, 2025
in Business
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BoG Warns Against unlicensed Yellow Pay and Hanypay Digital Platforms
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Bank of Ghana is warning the public against a digital platform called yellow pay and Hanypay.

A statement issued and signed by the Head of the Fintech and innovation Office of the Bank said the platform purports to enable users to make payments, send and receive electronic money and stable coins across borders as well as convert stable coins into local currency, an activity which require appropriate licensing from the Bank of Ghana.

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Read below the full statement

source:www.senaradioonline.com/EXPOSÉ

Tags: AgainstBoGHanypayPlatformsWarnsYellow pay

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