Taptap Send, a leading money transfer company, announced the resumption of its operations in Ghana after a brief hiatus.
Effective immediately, users can once again send money from the UK, Europe, Canada, the United States, and the UAE to their loved ones in Ghana.
The temporary pause in services followed a directive from the Bank of Ghana, which had suspended Taptap Send’s partnership with local banks and fintech companies for one month.
This suspension was specifically related to Taptap Send’s newly launched wallet product. However, the Bank of Ghana lifted the suspension on December 4, 2024, ahead of the originally anticipated deadline, allowing the company to resume its much-needed service to the Ghanaian diaspora.
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 over the 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 remain committed to serving the Ghanaian diaspora in full compliance with all applicable regulations.”
Taptap Send, a global fintech company, offers digital-only cross-border money transfer services and operates in several countries, including the UK, Europe, the USA, Canada, and the UAE. The company’s regulatory status remains intact, and it is committed to adhering to all relevant regulations moving forward.
As a trusted service for many Ghanaians abroad, Taptap Send’s return is a welcomed relief for families who rely on fast, secure, and affordable remittances to support loved ones back home. With the resumption of operations, the company continues to strengthen its commitment to providing a reliable, convenient service for the Ghanaian diaspora.
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. We are committed to the United Nations’ Sustainable Development Goal of reducing the cost of remittances to under 3%.
Ghana is a very important market to us and is one of the over 40 countries to which we offer money transfer services.