Taptap Send, a leading money transfer company, has announced the resumption of its operations in Ghana.
“After a brief pause, you can now resume sending money from the UK, Europe, Canada, United States of America and the UAE to your loved ones in Ghana with immediate effect. We understand how important it is for you to stay connected and support your family, and we’re thrilled to bring this service back,” a statement said.
“This pause was due to a temporary directive from the Bank of Ghana suspending our partnership with local banks and fintechs in Ghana for one month, which concerned our newly launched wallet product,” the statement added.
The Bank of Ghana lifted the suspension on 4 December 2024, ahead of the one month deadline initially envisaged, thereby enabling Taptap Send to resume its much-loved money transfer service the Ghanaian diaspora have come to know and trust.
“We are excited to resume transfers to Ghana for the thousands of Ghanaians who have come to rely on Taptap Send for their money transfers in the past years,” said Darryl Mawutor Abraham, Head of Taptap Send Africa.
“We truly appreciate the patience, love, support and understanding of our customers during the suspension period and we are committed to serving the Ghanaian diaspora in full compliance with all applicable regulations.”
Taptap Send is a global fintech company offering digital-only cross-border money transfer services via regulated entities in the UK, Europe, USA, Canada and the UAE. Taptap Send’s regulatory status remains intact and it is committed to continuing to comply with all relevant regulations.
About Taptap Send
Taptap Send is a global fintech founded with the mission of equalizing access to capital by reducing the cost and friction of transferring money. In doing so, we aim to accelerate macroeconomic growth, shift informal money transfer to the formal sector and ultimately reduce inequality.
The firm is committed to the United Nations’ Sustainable Development Goal of reducing the cost of remittances to under 3 perfect.
