The Ghanaian subsidiary of Uruguayan payments company dLocal has secured an Enhanced Payment Service Provider (EPSP) licence from the Bank of Ghana, allowing it to operate more of its payments business locally. The licence allows dLocal Ghana to provide local payment collections, merchant acquisitions, mobile-money acceptance, bank-transfer collections and local payouts through bank accounts and mobile-money wallets. The company had previously facilitated Ghana-related payment flows through its global platform and regulated third-party partners.
Ghana’s mobile money market processed GH¢4.54 trillion ($397 billion) in transactions in 2025, up 50.8% from the previous year, according to Bank of Ghana data. Internet banking transactions also rose to 47 million in 2025 from 26 million in 2024, highlighting the scale of the digital payments market dLocal is seeking to serve.
“dLocal’s primary goal is to simplify the digital lives of Ghanaians by providing a more reliable and seamless way to transact,” Oluwademilade Egbeyemi, Regional Expansion Manager (West Africa) for dLocal, said in a statement.
“By operating under the guidance of the Bank of Ghana, we are building an infrastructure that gives people the confidence that their money is moving safely, whether they are a local business owner reaching new customers or a consumer paying for essential services.” dLocal entered Ghana in 2020 as part of an African expansion that also took it into Kenya, Senegal and Cameroon.
The company operates as a payments infrastructure layer between a global merchant and local payment systems. Merchants integrate with dLocal through an Application Programming Interface (API), while the company connects them to local payment methods such as cards, mobile-money wallets and bank transfers, and manages the payment flow and settlement. Its payout infrastructure allows merchants to send money to Ghanaian bank accounts and mobile-money wallets.
The company calls this model “One dLocal,” allowing merchants to operate across