Tag: MoMo
MTN MoMo expands its Africa remittance network
MTN has expanded its Mobile Money (MoMo) fintech offering’s remittance network by adding 25 new wallet corridors across 10 African countries, taking its total remittance...
Tanzania abolishes obnoxious E-LEVY after it failed, lessons for Ghana
Beginning October 1, 2022, Tanzanians will wave goodbye to transfer fees on withdrawal of cash through bank and mobile money agents and ATMs for...
Mobile money transactions hit GH₵953.2bn in 2021
The total value of mobile money transactions in 2021 is estimated at GH₵953.2 billion, Finance Minister Ken Ofori-Atta has revealed.
He was speaking  at a...
Mobile Money operation is one of the riskiest businesses in Ghana...
The spokesperson for the Mobile Money Agents Association of Ghana, Charles Kwasi Addo, has bemoaned the incessant robbery attacks on mobile money agents, saying...
Airtel Africa mobile money unit gets $200M boost
Airtel Africa has unveiled plans to sell a stake of its mobile money business to investment company TPG for $200 million, advancing a broader...
MTN MoMo customers to present ID Cards for all Cash-out transactions
MTN MoMo has announced that effective 2nd April 2021, all MoMo customers will be required to present valid ID cards before any MoMo cash-out...
Free transfer of GHC100 and below saves customers GHC94 million –...
MTN Ghana has revealed that the decision to remove all charges on cash transfer below GH¢100 in the midst of the COVID-19 outbreak saved...
MTN: Breach on Mobile Money aggregator platform in Uganda did not...
MTN Uganda has come out and said that the recent security breach on the platform of its partner aggregator, Pegasus Technologies did not affect...
How to boost your Mobile Money transaction threshold
Simply registering your SIM card for mobile money transaction does not guarantee you the ability to transact any amount you want with your mobile...