Dennislaw News
Dennislaw News
June 12, 2025 at 11:54 AM
*BoG warns of unlicensed YellowPay and HanyPay* The Bank of Ghana (BoG) has issued a strong warning to the public, advising against engaging with two digital financial service providers—YellowPay and HanyPay—due to their operation without the requisite licenses and regulatory approval in Ghana. In a public notice dated June 10, 2025, the BoG flagged YellowPay, a product of Yellow Card Financial Inc., for falsely promoting itself as a provider of digital payment services, cryptocurrency trading, and cross-border remittance solutions, despite lacking authorization to operate within Ghana. https://dennislawnews.com/article/bog-warns-of-unlicensed-digital-financial-service-providers-yellowpay-and-hanypay

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