Suppliers of inputs for cocoa farmers will soon be able to receive payment for their services via mobile money.
According to the General Manager for Mobile Financial Services at MTN, Eli Hini, the move should facilitate swift payments and help drive the government’s cash-lite agenda.
Presently, some buyers of cocoa beans are enrolled on the mobile money payment platform.
But Mr. Hini is hopeful discussions with COCOBOD should enable them to extend the service to other players within the sector to reduce the burden of using cash in payments.