Tag: mobile money
Business
Transactions conducted through mobile money services surpasses GHS1.9tr – BoG
The Bank of Ghana's (BoG) 2023 FinTech Sector Report indicates substantial advancements in the nation’s digital financial sector, with mobile money accounts exceeding 65...
Business
Value of mobile money transactions surges by GHC744bn
The total value of mobile money transactions in Ghana surged by a remarkable GH¢744 billion, hitting GH¢1.775 trillion in the first eight months of...
News
Armed robbers attack momo vendor, bolt away with GHC120,000 and mobile phones in Amanfrom
Famous Fiagbe, a 34-year-old Mobile Money (MoMo) vendor, is currently in critical condition at the Winneba Trauma and Specialist Hospital following a violent robbery....
Business
AU approves Akufo-Addo’s plan to expand mobile money interoperability
The Sixth Mid-Year Coordination Meeting of the African Union (AU), held on July 21, 2024, in Accra, Ghana, represented a major advancement in the...
News
Four detained for alleged robbery of mobile money vendor in Upper West Region
The Tumu Magistrate Court within the Sissala East Municipality of the Upper West Region has detained four people on accusations of allegedly robbing a...
Business
MOMO transactions experience 41.55% surge in first 4 months of 2024 despite E-Levy deductions
In the first four months of 2024, the total value of mobile money transactions hit an all-time high of GH¢779.1 billion, marking a 41.55%...
Business
Mobile Money accounts surge to GHS18.69b with commercial banks for March 2024
The 2024 Fintech Sector Report unveiled by the Bank of Ghana indicates that the collective value of mobile money accounts held with commercial banks...
Business
44m mobile money accounts registered as of 2023 – Akufo-Addo
The mobile money market in Ghana is rapidly expanding, with a significant surge in the adoption of electronic wallet services. President Akufo-Addo revealed that...
Business
BoG expresses commitment to addressing illegal fees in Mobile Money transactions
The Bank of Ghana (BoG) has committed to resolving issues related to illegal fees in mobile money transactions due to increasing consumer complaints about...
News
Mobile Money agent attacked by robbers in broad daylight at Tumu, elope with GHC600K
Five unidentified armed individuals have attacked and robbed a mobile money vendor at gunpoint in Zongo, a suburb of Tumu in the Sissala East...
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