BitPesa, the premier digital payments platform for frontier markets, has launched a suite of services in Ghana today.
Having expanded from East Africa across to West Africa in 2015, BitPesa remains dedicated to facilitating intra-Africa trade by increasing the ease and speed of doing business in Ghana. We are now offering new currency pairs, allowing Ghanaians to make GHS payments that settle in more than ten currencies, including NGN, UGX, and ZAR. With our best-in-class products and customer service, BitPesa can significantly lower the cost of payments from Ghana to other important trading partners such as Nigeria. Since Nigeria is a very important market for BitPesa already, Ghana was a natural choice for expansion, as these are the two largest economies in West Africa.
The company helps businesses make high-speed and low-cost B2B Payments in multiple currencies across and beyond Africa with operations in Kenya, Nigeria, Uganda, Senegal, DRC, the UK and across Europe. As of today in Ghana, customers are able to buy and sell bitcoins on the online platform. Businesses are also able to make payments intra-Africa to Ghanaian mobile accounts. BitPesa is connected to two mobile networks in Ghana now, with more services to come soon.
As Elizabeth Rossiello, CEO of BitPesa, shared, “We are constantly looking for ways to promote intra-African trade, so we’re very excited about our services in Ghana. Ghanaians should be allowed to make global payments using their own currency and we are excited to facilitate this. We will continue to improve service offerings, compliance, and value for our new Ghanaian customers.”
Earlier in 2018, BitPesa acquired TransferZero, a leading digital payments company based in Madrid, expanding its footprint across LatAm, the Caribbean, and other frontier markets. Founded in 2013, it focuses on business customers operating in and across its key markets and offers FX, Treasury, and Settlement products via API or live OTC trading.
BitPesa is a digital foreign exchange and payment platform that leverages blockchain settlement to significantly lower the cost and increase the speed of business payments to and from frontier markets. BitPesa is a market-maker in every major African currency and opens corridors for business payments and trade between frontier markets and the rest of the world. Founded in 2013, BitPesa was the first payment company using blockchain technology to be licensed by the UK’s Financial Conduct Authority and follows stringent KYC practices.
BitPesa connects frontier market businesses and multinationals paying suppliers as far as China and UAE, as well as bitcoin traders. Our API also enables international remittance companies to send payments to dozens of bank networks and mobile money operators across Nigeria, Kenya, Uganda, Tanzania, Senegal, and the DRC.
Launched in Nairobi, BitPesa now has offices in Lagos, London, Luxembourg, Madrid, and Dakar. For more information about BitPesa, visit our website , Twitter , or Facebook or contact us at [email protected] .