Enza Payment Services Ghana Limited officially began operations in Accra today, positioning itself to deliver payment infrastructure, processing, acquiring and gateway solutions to banks, non‑bank financial institutions and fintech companies across the country.
The company said it will leverage a digital‑first technology stack, application programming interfaces (APIs) and artificial intelligence to help financial institutions enhance the security, speed and reliability of the payment services they offer to their customers.
Speaking to the media, Managing Director Kwesi Asiama Acquah explained that Enza’s entry into the Ghanaian market is aimed at bridging the technology gap between financial institutions and consumers. “Our goal is primarily to provide the topmost technology services for the banks and the non‑banking financial institutions as well as the financial technology companies, typically referred to as the fintechs, to power their processing, their acquiring, their gateway systems and to give them enhanced solutions that will help them to provide the best consumer services to their customers,” he said.
Unlike consumer‑facing payment platforms, Enza’s business model focuses on providing the underlying infrastructure that enables banks, non‑bank institutions and fintechs to deliver payment services to their customers. “We are not the typical direct‑to‑customer payment engine. What we do is we serve as the bridge in between the customers or the consumers who perform these transactions, and then the banks who provide the various tools and the various channels to the customers to use for these transactions,” Acquah explained.
Enza will supply the technology, solutions and gateway infrastructure required by financial institutions for payment processing and acquiring. “We sit in between as providing the link, we provide the technology, we provide the solution, we provide the gateway, both for processing and acquiring to the banks and the financial institutions,” he added.
Cyber‑security and payment security will be a key part of Enza’s operations as digital transactions continue to expand in Ghana. Acquah said the company’s platform uses the latest technology and a digital‑first API architecture, incorporating enhanced security features. “We are at a very pivotal stage in the world and also in Ghana, where cyber security for instance is very critical,” he said.
Enza is licensed and regulated by the Bank of Ghana through its FinTech and Innovation Office. “Enza is regulated by the Bank of Ghana, the FinTech office as well, and so we are highly regulated, we are in a regulated industry,” Acquah said. The licence enables Enza to provide regulated payment services while contributing technology and infrastructure to the development of Ghana’s payment ecosystem.
With Ghana’s financial sector increasingly adopting digital payment channels, Enza’s focus is on providing the technology infrastructure that enables banks and fintechs to improve the services they offer, rather than competing directly with them for consumers. “We are the link between the banks and then their customers, ensuring that their customers are always happy and they receive the best services the banks have to offer to them,” Acquah said.
Enza’s launch is expected to strengthen Ghana’s digital payments ecosystem, offering faster, more secure and stable payment experiences for consumers while allowing financial institutions to focus on customer service.
