Section 1: This Act applies to(a) a bank,(b) a specialised deposit-taking institution,(c) a dedicated electronic money issuer,(d) a payment service provider,(e) ...

Section 8: (l) A body cozporate which intends to operate as a payment service provider shall apply in a prescribed form for a payment system licence.(2) An appl ...

Section 9: A person who carries out payment service business without a licence commits an offence and if that person is(a) an individual, is liable on summary c ...

Section 10: A body corporate regulated under the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930) shall not engage in a payment service bus ...

Section 12: The Bank of Ghana may suspend a payment system licence or authorisation where(a) the Bank of Ghana is satisfied that a payment service provider has ...

Secction 13: The Bank of Ghana may revoke a payment system licence or authorisation where(a) any other licence or authorisaüon related to payment services or ...

Section 14: Where a licence or authorisation is revoked under section 13, the Bank of Ghana shall(a) within five working days, followmg the date of revocation, ...

Section 17: A payment service provider shall ensure that while in operation, it maintains in the country a minimum paid-up capital unimpaired by losses includin ...

Section 20: A payment service provider shall have(a) an appropriate and tested technology system which is equipped with fraud monitormg and detection tools;(b) ...

Section 21: Subject to this Act, the following may engage in electronic money business:(a) a body corporate regulated under the Banks and Specialised Deposit-Ta ...

Section 22: A body corporate regulated under the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930) shall not engage in electronic money busi ...

Secion 23: The Bank of Ghana shall not issue a licence to a person to operate as a dedicated electronic money issuer unless that person complies with the follow ...

Section 24: A body corporate other than one regulated under the Banks and Specialised-Deposit-Taking Institutions Act, 2016 (Act 930) which seeks to engage in e ...

Section 25: A person who engages in electronic money business without a licence from the Bank of Ghana commits an offence and is liable on summary conviction,(a ...

Section 26: A person who contravenes a term of the licence or authorisation as an electronic money issuer commits an offence and if that person is(a) an individ ...

Section 27: A licence issued or authorisation granted under this Act is valid for a period of five years subject to renewal until the licence or authorisation i ...