dLocal Gets EPSP Licence from Bank of Ghana for Payments

In Short

• dLocal’s Ghana unit has received an Enhanced Payment Service Provider (EPSP) licence from the Bank of Ghana.
• The approval lets dLocal run payment operations directly in Ghana, instead of routing through regulated third parties.
• The licence expands what dLocal can do locally, including merchant onboarding, payouts, and inbound remittances.

What Happened

dLocal, a cross-border payments company, said its Ghana subsidiary has received an Enhanced Payment Service Provider (EPSP) licence from the Bank of Ghana.

An EPSP licence is a higher tier payments approval. It allows a provider to connect directly to local payment rails, like mobile money networks and bank accounts, rather than relying on intermediaries (licensed middlemen that process transactions on your behalf).

With the licence, dLocal can now collect payments in Ghana locally, onboard and acquire merchants directly, and pay out funds to bank accounts and mobile money wallets inside the country. It can also process inbound remittances, which are cross-border transfers sent into Ghana, often by diaspora workers.

The company said the move should improve settlement speed. Settlement is the final step where funds actually move from one party to another, after a payment is approved.

Why It Matters

For merchants, direct connections can mean fewer moving parts in the payment flow. That can reduce failed transactions and make reconciliation easier, especially for businesses selling online or offering subscription payments.

For dLocal, operating under Ghana’s regulator gives it more control over pricing, routing, and performance. It can also build deeper partnerships with banks and mobile money operators.

The licence also signals Ghana’s growing importance in digital payments. Bank of Ghana data cited by local reporting shows mobile money transaction value reached GH¢4.54 trillion in 2025, up more than 50% year on year.

dLocal joins payment companies such as Flutterwave, Paystack, and Fincra, which have also secured enhanced payment licences in Ghana.