Total Mobile Money transactions hit ¢833.3bn in October 2022 despite E-levy…
Despite the implementation of the Electronic Transaction Levy (E-Levy), total Mobile Money transactions in the first 10 months of…
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MTN Ghana service revenue increases to GH₵7.1billion cedi, takes hit from…
Revenue from MTN's Mobile Money person-to-person (P2P) transactions declined by 13.3 per cent post implementation of the…
UK banks to shut down mobile payment service Paym, lessons for GhanaPay?
Paym, the mobile payment service launched by fifteen of the UK’s biggest banks and building societies, is shutting down after an…
eCedi will boost economic activities – MoMo Stakeholders
The electronic cedi (eCedi) currently being piloted by the Bank of Ghana will boost business operations and economic activities in…
Banks, telcos assess eCedi impact on MoMo
Banks and telecommunications companies have commissioned separate assessments into the potential impact of the eCedi on their…
MoMo ‘ding dong’ continues: Transactions drop in April
The value of Mobile Money (MoMo) transactions which peaked in March this year suffered a decline the following month.
Data from…
MoMo value of transactions fall by 8% to GH¢76.2bn in Jan
The value of mobile money (MoMo) transactions took its decline to a new level in January when it opened 2022 lower than it closed…
MoMo is king in e-transactions
ON a daily basis, more money circulates between mobile phones that cost a few thousands of cedis to own than they move around…
MOMO transactions fall to GH¢82bn in December
Less money was sent through Mobile Money (MoMo) platforms last December than was transferred through the platform in November last…
MoMo users to pay 1.75% E-levy on MoMo, electronic transactions
Finance Minister Ken Ofori-Atta has announced a new 1.75 per cent tax called E-levy on mobile money and all electronic…