Tag: Mobile Money
BoG must guide MTN away from increasing MoMo cash out transaction...
The Network of Communications Reporter (NCR) is calling on the financial sector industry regulator, Bank of Ghana (BoG) to, as a matter of urgency,...
MTN MoMo agents triggered decision to increase cash out transaction fees
Mobile Money agents in the country have said that they were party to the recent decision by MTN Mobile Money Limited (MML) that the...
MTN to grant self reversal of wrong MoMo transactions soon
The biggest mobile money operator in Ghana, MobileMoney Limited (MTN MoMo) says it is currently working on implementing a self-service option for customer wrong...
Financial Inclusion 2.0: The role of FinTech innovation
According to the Official Ghana Demand Side Survey 2021, Ghana has achieved its financial access target of 85% set by the National Financial Inclusion...
Mobile Money float hits GHS13.2 billion in April 2023
Actual mobile money transaction float in Ghana was GHS13.2 billion in April 2023 alone, which indicates a 37.5% increase year-on-year from GHS9.6 billion in...
Mobile Money transactions to top $2 trillion in emerging markets by...
A new study by Juniper Research has found that the total value of mobile money transactions in emerging markets will reach US$2 trillion (GHS 22.2 trillion)...
MoMo agents threaten industrial action against MTN on May 10
The various groups of mobile money agents in the country have come together and are threatening an industrial action against MTN by May 10,...
Africell launches Mobile Money in Angola
Pan-African mobile network operator Africell has launched its mobile money service "Afrimoney" in Angola, in partnership with the National Bank of Angola (BNA).
The platform...
Mobile money adoption lower among women, says GSMA
Contrary to the casually belief that more women are into mobile money than men, because they like receiving mobile money from men, GSMA has...
Mobile Money transactions tops $1.3 trillion globally in 2022
Global mobile money transactions value reached $1.3 trillion in 2022, with suppliers processing at least $3.5 billion daily in that year, according to GSMA.
In...