The Bank of Ghana has directed telecommunications companies, financial technology companies, mobile money operators, utility providers, among other organizations to provide information on the credit behaviour of borrowers to curb risk associated with lending. Other organizations required to also provide information about their clients to the Credit Reporting System (CRS) …
Read More »MoMo agents to increase service charges from Monday
Members of the Mobile Money Agents Association of Ghana (MMAAG) have hinted at an increase in service charges following an emergency meeting on Friday, June 25. The association had complained about back-door increase in taxes imposed on telecommunication companies by government, thereby forcing them to pass on the charges to …
Read More »Robbers inflict cutlass wounds on MOMO vendor; steal GHC5,800
Sunyani-Robbers Two armed robbers on Monday attacked a mobile money vendor at Abesim, a suburb of Sunyani in the Bono Region. The robbers made away GH¢5,800.00 after inflicting multiple cutlass wounds on the hapless vendor. According to the victim, Collins Agyemang, 30, one of the robbers managed to enter his …
Read More »Another daylight robbery as MoMo vendor loses GHC2k at klagon
Four suspected armed robbers made away with GHC2,000 cash after attacking a mobile money agent at Klagon-Lashibi. The armed men blocked the street off the NDC bus stop with two motorbikes before carrying out the attack at about 2:30 pm on Saturday Eyewitnesses tell Starrfm.com.gh that two of the riders …
Read More »PHOTOS: Armed robbers attack MoMo vendor, others at Opeikuma
There were sporadic gunshots as armed robbers attacked a mobile money vendor and an electrical shop at Kasoa Opeikuma in Awutu Senya East District of the Central Region. The incident happened in broad daylight Monday around 11:45 am. The robbers reportedly succeeded in making away with about GHC5,000 and some …
Read More »No ID cards, no MoMo cash-out transactions – MTN
MTN MoMo has announced that effective 2nd April 2021, all MoMo customers will be required to present valid ID cards before any MoMo cash-out (withdrawal) transaction can be processed. As a result of this directive, all MoMo agents will be required to select the ID type and enter the ID …
Read More »Nana Aba Anamoah ‘shakes the internet’ after revealing balance on her MoMo wallet
Nana Aba Anamoah has shaken the foundation of the internet after she revealed the money left in her mobile money (popularly called MoMo) wallet shortly after she received a transfer from her goddaughter, Serwaa Amihere. We don’t know on what premise Serwaa sent the money to the eloquent broadcast journalist and boss …
Read More »Merchants to demand IDs for MTN MoMo transactions from February 1
Effective February 1, 2021, users of MTN MoMo will be required to present a valid national ID card for transactions at a MoMo agent point. Ghana Card, Driving License, passport, voter’s ID, SSNIT ID, NHIS are the valid Identification cards sanctioned to be used for transactions by MTN Ghana. According …
Read More »28-year-old MoMo vender shot dead by masked gunmen
A 28-year-old mobile money vendor, Owusu Adjei, has been shot dead at Onwi in the Ejisu Municipality of the Ashanti region. The incident occurred on Wednesday, 26 August 2020 around 7:30 pm. Narrating the incident, the Assemblymember for the area, Isaac Aboagye Antwi, explained that the armed robbers who wore …
Read More »MoMo vendor killed by robbers at Techiman for refusing to hand over sales [Video+ Audio]
A 26-year-old MoMo vendor, identified only as Jacob Cudjoe, has been shot dead by some unknown armed men at Abuosu in the Techiman Municipality. The incident is believed to have happened on Thursday evening around 7:30 pm. Adom News’ Agya Tawiah, reporting the incident on Adom FM’s Dwaso Nsem morning show, noted …
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