Market guide · Africa
Selling in Ghana
Mobile money is the main way Ghanaians pay online, led by MTN MoMo. Mobile money accounts are interoperable across networks and with bank accounts.
| Currency | Ghanaian cedi (GHS) |
|---|---|
| Languages | English, Twi |
| Region | Africa |
| Local acquiring | Cross-border for now |
| Settlement | T+3 |
| Payout rail | GhIPSS Instant Pay / mobile money · Seconds |
| Import consumption tax | VAT · 15% |
Popular payment methods
Share of online payments by method. Illustrative figures.
| MTN MoMo | 55% (55% of online payments) |
|---|---|
| Visa, Mastercard, Amex | 28% (28% of online payments) |
| PayPal | 3% (3% of online payments) |
How to launch in Ghana
- 1Open a sandbox accountTest every flow for Ghana with test cards and methods before you sign anything.
- 2Turn on local methodsStart with MTN MoMo, PayPal.
- 3Process cross-borderWe process Ghana cross-border today. Smart routing still retries soft declines.
- 4Settle in your home currencyPayments convert at a published margin before settlement.
- 5Check import rulesConfirm how VAT is collected on your goods before your first shipment.
- 6Go liveVerify your business, switch your keys and watch the first orders arrive.
Duties and import tax
VAT at 15% applies to most imported goods.
Thresholds: Levies are charged on top of VAT; most imports are dutiable
Regulatory notes
- The Bank of Ghana licenses electronic money issuers and payment providers.
- Non-resident digital service providers may need to register for VAT.
Placeholder notes for the prototype, not legal advice.
Customer story nearby
Ferrous Pay
Fintech
4
card programmes launched in 18 months · Illustrative
We wanted to build the product, not the plumbing. Issuing and settlement in one place let us do that.
Chidi Okafor, Chief Product Officer Read the story: Ferrous Pay