Tag: Mobile Money
MoMo has been a Digital Economic Support in Ghana -MTN
The role of Mobile Money (MOMO) services in an enabling digital economy cannot be overemphasized, the Central Regional Office of the Mobile Telephone Network...
Armed robbers attack mobile money vendor at Yendi
Two armed robbers have attacked a mobile money vendor at Yendi and took away from him GHC5,300.00
The incident happened...
COVID-19 crisis lifts Kenya’s mobile money usage to US$4.2 billion a month
Kenyans transacted a record 450.9 billion shillings (4.18 billion U.S. dollars) on mobile phone in July, with the usage boosted by increased uptake of...
Web designer and blogger busted over Pornography
Anderson Ofosuhene Anim a.k.a Morio Gee, a web designer and a blogger has been busted by the police over Pornography.
Anim is alleged to have...
Gender Ministry to pay LEAP beneficiaries through Mobile money
The Ministry of Gender, Children and Social Protection (MGCSP) is considering paying the Livelihood Empowerment Against Poverty (LEAP) beneficiaries through mobile money to ease...
Bank of Ghana grants Zeepay Electronic Money Issuer service license
Zeepay, a leading African fintech, has been granted a license by the Bank of Ghana to operate a full Electronic Money Issuer service otherwise...
GhIPSS waives interbank and cross wallet transfer charges
The Ghana Interbank Payment and Settlement Systems (GhIPSS), a wholly owned subsidiary of the Bank of Ghana, has announced a waiver of fees on...
MTN Ghana working to minimize impact of coronavirus on expansion programmes
MTN Ghana says it has taken the necessary steps and is working with its vendors to ensure that the impact of the coronavirus on...
StanChart introduces online mobile platform to boost trade in bonds, treasury bills
Investors looking to buy and trade in local currency bonds and treasury bills can now do so via mobile as Standard Chartered (SC) Bank...
GCB Bank introduces ‘G-Money’ transaction
GCB Bank, as part of the digital transformation, will begin an electronic mobile money transaction with its customers in January 2020.
The mobile banking application...
Kenyan mobile money transactions up 10.5 percent
Kenya's mobile money transactions surged 10.5 percent in the first nine months of this year as compared to a similar period in 2018, with...
Ghana saves US$1 million monthly after establishing a Telcos Common Platform
Ghana has saved US$1.1 million monthly after mounting a Common Platform to monitor the activities of the telecommunications sector, Mrs Ursula Owusu-Ekuful, the Minister...
MTN working with Police to set up Forensic Laboratory – Senior Manager
The Mobile Telecommunication Network (MTN) Ghana, is working closely with the Police to set up a Forensic Laboratory to effectively tackle falsehoods and smear...
Fraudsters on the prowl, MoMo users
Subscribers of Mobile Telephone Network’s (MTN) Mobile Money (MoMo) services are being cautioned against fraudsters who swindle unsuspecting users at the least opportunity.
...
MTN Unveils Mobile Money API hackathon
In pursuit of its goal to contribute to bridging the financial divide, MTN Group has granted third parties access to its Mobile Money (MoMo)...
Mobile money Interoperability records over 1 million transactions in September
Mobile money transactions across networks referred to as mobile money interoperability (MMI) recorded over one million transactions in September this year, the highest volume...
MTN and Ericsson launch Mobile Money Open API platform
MTN and Ericsson have launched Mobile Money Open Access Programming Interface (API) platform in Ghana to give entrepreneurs an opportunity to develop revenue-generating applications.
The...
Ghana becomes Africa’s fastest-growing mobile money market.
According to a new report from the World Bank,innovative technologies, new administrative developments and the expansion of financial access points have helped transform Ghana...
Kenya’s mobile money transactions surged 11 percent in Q1
Kenya's mobile money transactions surged 11 percent in the first quarter of 2019 as compared to a similar period last year, boosted by innovation...
MTN customers express satisfaction with momo service
Some customers of Mobile Telecommunication Network (MTN) in the Tamale Metropolis have expressed satisfaction with its Mobile Money (MoMo) service describing it as a...
Mobile Money, Data Revenue Powered MTN Ghana to Landmark Growth
MTN Ghana today posted a landmark growth for the year 2018 on strong performance on three key service areas.
These growth drivers according to...
E-zwich Transfers to Mobile Money on the Increase
Transfer of funds from e-zwich card to mobile money (MoMo) wallet is on a steady rise as the public is making good use of...
Mobile Money Interoperability Closed in December with 2.2 Million Transactions
Cross network mobile money transfers were done about 2.2 million times between May and December last year, according to figures released by the Ghana...
Kenyan Schools Now Pay Fees Using Mobile Money
After years of insisting that school fees payments must be done only through bankers' cheques or direct account deposits, Kenyan learning institutions have finally...
Beyond Mobile Money and the FinTech future for Africa
Africa is leveraging mobile and digital technologies in its own ways to bring financial services to people in some of the most isolated and...
Mobile Money Agents Difficulty in Electronic Funds Transfer needs attention
Vice President Dr Mahamudu Bawumia, on Wednesday tasked the Ghana Inter-Bank Payment and Settlement System (GhIPSS) and other telecommunication companies to develop a system...
Is Mobile Money Now Defined As Communication or Banking Service?
Just under the recent past John Mahama administration, there was a huge turf war between the National Communications Authority (NCA) and the Ghana Revenue...
MTN Customers Win Exciting Prizes In ‘MoMo Promo’.
Ghana’s Largest Telecommunication Giant, MTN, has rewarded the first set of winners for this year’s MoMo promo.
Mr. Derrick Asomani, who emerged...
BoG has no capacity to monitor mobile money activities
The government has indicated that, the Bank of Ghana (BoG) has no capacity to properly monitor mobile money activities, hence the decision to bring...
OccupyGhana Demands Documents On Sibton/GhIPSS Brouhaha
Pressure group, OccupyGhana, has formally written to the Bank of Ghana, requesting for copies of contract documents and agreements between the Bank of Ghana...