Over time, however, the growing adoption of digital technology by government, businesses, and households are gradually opening opportunities for SMEs to explore affordable digital alternatives to actively participate in the global value chains on trade, production, and investments. 6. Across Africa, mobile money adoption is the game changer in promoting financial inclusiveness and enhancing economic growth.
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.