How MoMo became popular, as Mobile Money tops non-cash payment in 2020
In 2009, when mobile money (momo) was first introduced into the country, the service did not gain much traction as ...
Tag: Mobile money in Ghana
Mobile wallets to become US$2.5trillion worth industry in 2021
Recent years have witnessed a surge in the use of mobile wallets as a new, safer, and more convenient way ...
Mobile money transactions grew by GH₵10 billion over the last year- BoG report
The total value of Mobile Money transactions has increased from GH₵20.9 billion recorded in February 2019 to GH₵30.1 within the ...
GDP growth may collapse to 2.5% in 2020- BoG fears
The Bank of Ghana has said that it fears the plague from the Coronavirus disease will collapse GDP growth in ...
GH₵20 million new minimum capital requirement deadline for Mobile Money operators extended
The Bank of Ghana (BoG) has extended the deadline to meet the GH₵20 milliom new minimum capital requirement for payments ...
Mobile money accounts of deceased persons accessible to family, Chamber of Telecommunications assures the General public
The Chief Executive Officer (CEO) of the Ghana Chamber of Telecommunications, Mr Kenneth Ashigbey, has assured the general public that ...
September 2019 records highest MOMO interoperability since 2018
According to the Third Quarter Industry Transaction report published by the Ghana Interbank Payment and Settlement Systems (GhIPSS), total transactions ...
Why MTN Mobile Money Cannot shut Down
MTN has debunked rumours that they would be shutting down their mobile money operations. This article looks at reasons why ...
Mobile money transactions hit GH¢140 billion in the first 6 months
A report from the Bank of Ghana indicates that the total value of mobile money transactions in the first six ...
MTN to Rule Africa; Extends Mobile Money to Nigeria
MTN, the South African Telecom giant has made massive strides to set up MTN to rule Africa. The Central Bank ...