Home / Tag Archives: MOMO

Tag Archives: MOMO

John Kumah: Our Research Shows About 24% Drop In Mobile Money Transactions After E-Levy Introduction

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 …

Read More »

Momo Fraud: MTN Adds Another Feature To ID Verification

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 …

Read More »