Tag: mobile money
News
Fraudsters look beyond MoMo wallets as they target bank accounts
Mobile Money is a cash management solution which offers flexibility, total security and convenience of accessing money on a mobile phone anywhere and everywhere...
Business
GhIPSS resumes charges on Mobile Money Interoperability May 23
The Ghana Interbank Payments and Settlements Systems (GhIPPS) has directed financial institutions to end the fee waiver granted to customers who use the GhIPSS...
Business
Active mobile money accounts hit 14.7 million
Registered mobile money accounts as at the end of February 2020 was 32.7 million.This was 0.30% growth over the January 2020 estimate of 32.6...
News
Two mobile money fraudsters nearly lynched at Awutu Bereku
Two suspected mobile money fraudsters luckily escaped death as they were nearly lynched at Awutu Bereku market in the Awutu Senya West District of...
Business
72% of Ghanaians feel safe saving in mobile money wallets Afrobarometer
An Afrobarometer survey has indicated that only 72 percent of Ghanaians feel safe saving in their mobile money wallets with 58 percent feeling banks...
Business
BoG increases minimum capital for Mobile Money firms by 300%
The Bank of Ghana (BoG) has increased the minimum capital for Mobile Money companies from GH¢5 million to GH¢20 million.This means an increase of...
Business
Mobile Money service not shutting down – MTN dispel rumours
Management of MTN Mobile Money says it has no intention of shutting down the service, contrary to social media speculations.In a statement in response...
Business
Value of mobile money transactions soar in the first half of 2019
The total value of half-year mobile money transactions for 2019 has hit GH¢ 140 billion.Data from the Bank of Ghana, captured in its Payment...