dLocal Strengthens African Footprint with New Ghanaian Payments Licence

The digital payments landscape in Ghana is set for further transformation as dLocal, the Uruguayan fintech company, has secured an Enhanced Payment Service Provider (EPSP) licence from the Bank of Ghana. This pivotal authorisation will enable dLocal to extend its local operations and provide a wider range of payment solutions tailored to the Ghanaian market.

The EPSP license empowers dLocal Ghana to offer comprehensive services including local payment collections, merchant acquisitions, mobile-money acceptance, bank transfer processing, and both bank account and mobile wallet payouts. Previously, these transactions were facilitated through dLocal’s global platform or third-party partners.

This development comes at a time when Ghana’s digital payments sector is experiencing remarkable growth. In 2025 alone, mobile money transactions surged by 50.8% to GH¢4.54 trillion ($397 billion), while internet banking also saw substantial gains. This underscores the significant market opportunity dLocal aims to serve.

“Our primary goal is to simplify digital payments for Ghanaians and build confidence in our infrastructure,” explained Oluwademilade Egbeyemi, Regional Expansion Manager at dLocal. “By operating under the Bank of Ghana’s oversight, we ensure that every transaction—whether it’s a local business reaching new customers or a consumer paying for essential services—is handled safely and reliably.”

dLocal views this licence as more than just regulatory compliance; it represents a deeper commitment to building a robust payments ecosystem in Ghana. The company’s “One dLocal” approach allows merchants to operate seamlessly across emerging markets using a single integration, simplifying international expansion while ensuring local payment preferences are met.

With the EPSP license now secured, dLocal plans a phased rollout of its services based on operational readiness and regulatory requirements. The company joins other leading African fintechs like Paystack, Flutterwave, and Fincra in holding this prestigious authorisation—a testament to Ghana’s growing status as a digital payments hub.

The move aligns with dLocal’s broader strategy to expand across Africa, following recent acquisitions that strengthened its presence in Cameroon and other key markets. As Eric Kortey, Country Manager at dLocal Ghana, noted: “This is not just about branding; it’s about building a more transparent, reliable, and locally accountable payments infrastructure for Ghana.”

dLocal’s focus remains on deepening its connections within the Ghanaian market—working with banks, mobile money operators, merchants, and consumers to create a truly integrated digital payments experience.