Tag Archives: MOMO

The Bank of Ghana (BoG) has clarified that MTN Ghana has not been granted a licence to facilitate cross-border transactions with MTN Nigeria. The Central Bank emphasised that MobileMoney Limited, the operator of MTN MoMo, has not received the necessary authorisation to conduct such international money transfers. Addressing recent discussions …

Deputy Finance Minister, John Ampontuah Kumah, says government is expecting about a 24 per cent drop in Mobile Money transactions after the introduction of the Electronic Transfer Levy, aka E-Levy. “The research we did also told us that there will be about 24 per cent attrition rate in the three …

MTN MobileMoney Limited has added another feature to its ‘No ID No Cashout’ policy. This time, the name of the wallet owner will pop up on the agent’s screen during a cashout transaction and if it does not match the name on the ID, the transaction will be terminated. Chief …