Tag: Mobile Money
Mobile money in Ghana isn’t all good news: customers are paying...
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
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
MobileMoney Limited (MML) and the Economic and Organised Crime Office (EOCO) have signed a Memorandum of Understanding (MOU) to address the issue of mobile...
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,...