Zeepay's Legal Battle: Ghana's Payment System Under Scrutiny

This episode discusses Zeepay's ongoing legal conflict with a major bank in Ghana, brought to light by activist Bright Simons, which highlights significant vulnerabilities within Ghana's digital payment infrastructure. The core of the dispute revolves around Zeepay's inability to manage GHC 150 million in unsettled liabilities, leading to their banking partner severing ties. This situation exposes a lack of "braking systems" and inconsistent regulatory enforcement by GhIPSS, the national payment platform, which some argue has been slow to implement crucial reforms.Read all our stories at labarijournal.com Hosted on Acast. See acast.com/privacy for more information.