Tag Archives: transaction

Mobile Money (MoMo) agents nationwide will implement a temporary regulation limiting cash withdrawals to a maximum of GH¢1,000 per transaction, beginning from December 1, 2023. The joint decision stems from a collaborative statement by four MoMo Associations; the Northern MoMo Agents Association of Ghana (NOMAAG), the Mobile Money Advocacy Group …

Telco company MTN has declared that the act of split cash transaction is illegal, urging its clients to report any Mobile Money (MoMo) agent who engages in such unlawful practice for action. The MTN charges for mobile money cash transactions at a fixed rate pegged at GH¢10 cedis on GH¢1000 and …

Menzgold Ghana has announced the successful completion of its gold trading transaction claims supporting document collection and vetting exercise. According to a statement dated July 29, 2023, and signed by the management of the company, the validations having been concluded, marks a significant step in the process. “Following the Gold …

MTN Mobile Money(MoMo) has implemented the Bank of Ghana (BoG) approved increase in daily and monthly transaction limits as well as maximum wallet balances. A statement issued by MTN said: Customers with Daily Transaction Limits of GH¢1,000, GH¢5,000 and GH¢10,000 have had their limits increased to GH¢2,000, GH¢10,000 and GH¢15,000 respectively.” Additionally, …