Tag Archives: MOBILE MONEY

Christian Bwakira By Christian Bwakira, Group Chief Commercial Officer at Onafriq Mobile money has exploded across African economies as an enabler of financial inclusion by bringing in large swaths of the population that remained unbanked into the fold to participate in economies across the continent.   According to GSMA’s 2024 …

Panic withdrawals have hit hundreds of Mobile Money Vendors as users are reportedly withdrawing their deposits from their Electronic Wallet (E-Wallet) following the government decision to introduce Electronic Transaction Levy (e-levy ). The National Public Relations Officer for Mobile Money Agents Association Mr Charles Adu who disclosed this to OTEC …

The Mobile Money Agents Association of Ghana has expressed satisfaction over the commencement of the registration and re-registration of sim cards with the Ghana card. A few days ago, the Minister of Communication, Ursula Owusu-Ekuful, announced that the re-registration and registration of sim cards will commence on Friday, 1st October 2021. …

One person has died and another sustained severe gunshot injuries after armed robbers attacked a Mobile Money vendor and made away with over GH¢ 140,000 at Buokrom, a suburb of Kumasi in the Ashanti Region. The four masked men Tuesday afternoon stormed CSSL Enterprise, a financial service outlet, wielding pistols …

The Bank of Ghana has pegged the minimum capital required for operating a mobile money company at GH¢20 million. The latest directive comes on the back of the recently passed Payment Systems and Services Act, 2019 (Act 987) which provides a legal and regulatory framework for the orderly development of …

A mobile Money Merchant (namewitheld) has been robbed by four young guys of her Ghc 6000 and four phones at Assin Domeabra in the Assin South District in the Central region. The Assin South Police Commander DSP Okyere Andam in an interview said, two of the guys came to withdraw …