MTN Mobile Money and Vodafone Cash have enabled interoperability services that allow their respective customers to pay at each other’s merchant point of sale.
This major milestone, which went live on March 1, 2023, is designed to create an enabling environment in furtherance of the financial inclusion agenda of both entities and the Government of Ghana.
A joint statement from the two entities said “Customers of both networks can now make direct payments for goods and services at any MTN Mobile Money or Vodafone Cash enabledmerchant point across the country.”
Commenting on this development, Shaibu Haruna, the Acting Chief Executive Officer of MobileMoney Limited (MTN MoMo) indicated that “this important first step is in line with the MTN Group Ambition of developing the largest financial services platform in Africa. We are deeply committed to building an all-inclusive payment ecosystem that provides a platform for all players to flourish. We look forward to partnering with other players in the market to leverage off our distribution network to offer their services to customers”.
Vodafone Cash’s Acting Mobile Financial Services Manager, Judith Adumua-Bossman, stated that “At Vodafone Cash, we believe that partnerships are key to expanding access to financial services for everyone. We are dedicated to creating innovative solutions that will help our customers better manage their financial goals. This is a truly historic moment for us, and thisnew feature underscores our commitment towards growingaccessibility, convenience and value for our customers.”
