MoMo
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BUSINESS NEWS
MTN Assures MoMo Customers: Your Funds Are Protected and Secure
Mobile Money (MoMo) customers of MTN Ghana have been assured that their funds remain safe and secure. This comes despite…
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NEWS
Aflao Mobile Money Operator Killed in Robbery Shooting
A mobile money vendor was shot and killed by unidentified armed robbers on the evening of Monday, April 28, in…
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BUSINESS NEWS
MTN MoMo Lacks License for Cross-Border Payments to Nigeria – BoG Cautions
The Bank of Ghana (BoG) has explained that MTN Ghana has not been licensed to facilitate cross-border transactions with MTN…
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BUSINESS NEWS
BoG raises limit on momo transactions
The Bank of Ghana (BoG) has increased the daily limits on mobile money transaction and wallet limits as part of…
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BUSINESS NEWS
MoMo transactions exceeds all payment platforms but cash
A total of GH¢571.8 billion (US$99.67 billion) worth of mobile money transactions took place in the year 2020 alone, Deputy Governor…
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NEWS
Police caution public against new mobile money fraud technique
The Ghana Police Service has warned the citizenry against the emergence of a mobile money fraud that is sweeping through…
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BUSINESS NEWS
MTN MoMo customers to present ID cards for cash out transactions
All MoMo customers will be required to present valid ID cards for MoMo cash-out (withdrawal) transactions effective 2 April 2021,…
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BUSINESS NEWS
MoMo transaction fees must be taxed – Ursula Owusu-Ekuful
The Minister-designate for Communications and Digitalisation, Ursula Owusu-Ekuful, has said the transaction fees generated by operators of mobile money should be…
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BUSINESS NEWS
Cheque transactions drop as MoMo transactions exceed GH¢389 billion in 2020
According to data from the Bank of Ghana, the total value of mobile money transactions far exceeded the value of cheque…
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BUSINESS NEWS
MoMo interoperability transactions for 2020 up by 367 percent – GhIPSS report
The total volume of Mobile Money Interoperability (MMI) transactions for the year 2020 hit 43.9 million, according to the latest…
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