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Ghana places 2nd in Africa with 100% mobile money services growth...

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Ghana placed second behind Côte d’Ivoire in Africa in terms of growth of mobile money services, according to the 2023 Oxford Economics Africa Report...

Vodafone Cash stops free money transfers across networks from October 3

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After three years of allowing customers to transfer money to all wallets for free, Vodafone Cash has now terminated the zero-fee offer across networks...

MTN SA outlines big financial services expansion plan

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MTN South Africa is venturing further into territory traditionally occupied by the country’s banks. The telecommunications operator on Thursday added a raft of new features...

Safaricom gains green light for KSh. 250,000 transaction limit boost on...

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Safaricom has today increased M-PESA transactions limit to KSh. 250,000 for each transaction. The move will see the addition of a new transaction band of KSh....

Get the GhanaPay Mobile Money Advantage: Free Transactions and More

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GhanaPay Mobile Money service was introduced in June 2022 by the Ghana Association of Banks in collaboration with GhIPSS. This collaboration means that customers...

GhIPSS, banks to facilitate GhanaPay Mobile Money registration in Tema

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Residents of Tema and its environs will soon experience increased accessibility to GhanaPay mobile money services, thanks to a collaborative effort between the Ghana...

MTN considers reducing mobile money service fees

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MobileMoney Limited (MTN MoMo) says it is considering a reduction in service fees to attract more users and promote digital payments adoption in Ghana. With...

Mobile money in Ghana isn’t all good news: customers are paying...

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Fintechs, notably mobile money, have transformed banking and finance in developing and emerging economies in Africa and beyond. Financial technology (better known as fintech)...

MTN seeks 3 more investors for Fintech unit

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MTN Group is seeking as many as three more strategic investors in addition to Mastercard for its fintech unit, which it values at $5.2...

MobileMoney Ltd, EOCO sign MoU to combat MoMo fraud

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MobileMoney Limited (MML) and the Economic and Organised Crime Office (EOCO) have signed a Memorandum of Understanding (MOU) to address the issue of mobile...
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