mobile money
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BoG revises balance, transaction limits of mobile money wallets upwards, starting March 1

March 1, 2024 The Bank of Ghana (BoG) has revised the balance and transaction limits of customers’ mobile money wallets upward, effective March 1, 2024. A statement from the Ghana Chamber of...

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March 1, 2024 / Comments (0)

Mobile money drives informal sector tax revenue mobilization

September 22, 2021 …as Telecos paid GH¢3.6bn tax in 2020 Total taxes borne, collected and other remittances made to government and allied agencies resulted in total payment of 3.6billion cedis. This...

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September 22, 2021 / Comments (0)

Interoperability platform records 568% surge in pandemic year

April 12, 2021 Hits more than GH¢1bn in value Regular mobile money platform also records GH¢67bn in value The country’s largest cross-network payment platform – mobile money interoperability – has...

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April 12, 2021 / Comments (0)

Fraudsters look beyond MoMo wallets as they target bank accounts

July 14, 2020 But the caution is that, users must be wary of fraudsters who may not only be seeking to empty their mobile money wallets but may also target bank accounts linked to mobile money accounts....

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July 14, 2020 / Comments (0)

All you need to know about the new GH¢100 and GH¢200 notes

November 29, 2019 The Bank of Ghana (BoG) has announced that it is introducing new high-value denominations of the cedi. The high-value denominations are GH¢100 and GH¢200 banknotes. Design of notes The...

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November 29, 2019 / Comments (0)

Telcos yet to receive MoMo certification –GSMA

April 26, 2019 Talks are ongoing to have telecommunication operators in Ghana and other African countries certified in the usage of mobile money by the GSMA’s Mobile Money Certification – a platform...

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April 26, 2019 / Comments (0)

BoG to halt fraud in Ghana’s payment systems

June 11, 2018 The Bank of Ghana (BoG) has indicated that it will put in a robust system this month to halt fraud related activities associated with the country’s payment systems. The move, according to...

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June 11, 2018 / Comments (0)