For instance, the increasing use of technology has engineered innovative, efficient and competitive financial products and services in Ghana’s payment service space. These outcomes are underpinned by sound 2  regulatory frameworks and policy guidance by the Government and the Bank of Ghana to support the payment service providers, including Fintechs. 7.
Ghana’s example shows that strong policy support and interventions are useful and can leverage the capabilities of digital payments industry to enhance SME competitiveness for international trade.