Tag: mobile money
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...
News
Mobile money sales boy arrested for allegedly stealing over GHC1 million
Richard Okai, a 26-year-old mobile money salesperson, stands accused of embezzling approximately GH¢ 1,385,910.3.His case is currently before the Adentan Circuit Court, awaiting...
News
E-levy: MoMo agents to strike over double taxation
The Mobile Money Advocacy Group Ghana (MOMAG) and mobile money agents have voiced their disappointment with the Ghana Revenue Authority (GRA) over the imposition...
News
WHO utilizes Africa’s booming mobile money sector
Since 2020, the World Health Organisation (WHO) has successfully automated payments for over two million African health professionals, transitioning from cash payments to mobile...
News
Unknown man lures female university student to sea, dupes, sleeps with her
A compelling video circulating on social media recounts a distressing incident involving a young woman who shares the harrowing experience of her friend falling...
Headline
Telecoms Chamber to block MoMo agent accounts not registered with Ghana Card
Effective February 1, 2024, all mobile money agent accounts without a Ghana Card or Tax Identification Number (TIN) will be blocked, according to the...
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