Mobile money has quickly become a powerful tool for financial inclusion in Ghana, promising convenience and improved financial services. But the explosive digital financial landscape is coming along with cybersecurity….
The Institute of Statistics, Social, and Economic Research has indicated that the new restriction on mobile money (MoMo) transactions could derail the digitization of micro, small, and medium-sized enterprises and….
Total Mobile Money transactions in the first eight months hit a record ¢1.190 trillion, according to the September 2023 Summary of Economic and Financial Data from the Bank of Ghana…..
In an effort to inform its customers, MTN, a prominent telecommunications company, has announced a forthcoming modification to its mobile money withdrawal transaction fees. Starting from July 1, 2023, customers….
Mobile money transactions have signalled a recovery after having dipped following introduction of the Electronic Transaction Levy (E-levy), Head of Products and Innovations at Mobile Money Limited-MTN Ghana, Sylvia Otuo-Acheampong,….
Mobile money services are growing faster than predicted around the globe, as digital services continue to rise in popularity, according to the GSMA’s annual ‘State of the Industry Report on….
There has been a 72.6% growth in the transaction of Mobile Money (MoMo) – year-on-year. According to the March 2022 Summary of Economic and Financial Data by the Bank of Ghana,….
Mobile Money penetration that has taken centre-stage in most African countries to facilitate trade and commerce, and creating more convenience is facing some challenges that need governmental intervention. “Although Ghana….
Despite the implementation of the Electronic Transaction Levy (E-Levy), total Mobile Money transactions in the first 10 months of 2022 grew by 12.9% year-on-year to ¢833.3 billion, the latest Summary….
