Tag: Eli Hini
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Eli Hini appointed first CEO of Mobile Money Limited
Mobile Money Limited (MML), a wholly owned subsidiary of Scancom PLC has announced the appointment of Eli Hini as its first Chief Executive Officer. The appointment was made by the MML Board early this month indicating Eli’s responsibility to drive strategy, business development, innovation and relevant operations for MTN’s Mobile Money business. Prior to Eli’s…
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GhIPSS’ role in payment system space must be properly defined – MTN Mobile Money Manager
The General Manager of Mobile Money Limited, a subsidiary of MTN Ghana, Eli Hini, says the role of the Ghana Interbank Payment and Settlement Systems, GhiPSS in the country’s payment system has to be properly defined. According to Mr. Hini, there is a lack of clarity regarding what functions GhIPSS performs especially with the passage…
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GhIPSS completes system upgrade to solve interoperability issues
Patrons of the mobile money interoperability platform should be enjoying seamless transactions in the coming days when the Ghana Interbank Payment and Settlement Systems (GhIPSS) completes its system upgrade. The General Manager for Mobile Financial Services at MTN, Eli Hini told Citi Business News the move should ease any apprehension and hesitation to use the…
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MTN pays 17 million cedis as interests on mobile money
MTN Ghana has commenced payment of 17.1 million cedis to 10,630, 175 customers as interest earned for the first quarter of 2019. The payments commenced on Sunday [April 28, 2019]. A statement from MTN to Citi Business News said the 2019 first quarter payments brings to over 156.2 million cedis in interest paid to Mobile…
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Operators want cap on global money transfers reviewed
Some players operating in the mobile money sector are calling on the Bank of Ghana to review the limit of transactions that is currently permitted on remittances done via mobile money. They believe such a move will promote inter-regional trading activities. According to the proponents, the current limit of 500 dollars per transaction is low and restricts business…
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MTN freezes account of ponzi scheme over GH¢11m default
The Financial Intelligence Centre (FIC) is expected to direct MTN on how it could disburse about eleven million cedis (GH¢11,000,000) to customers whose monies have been locked up in the company’s mobile money services. About thirty thousand (30,000) customers have had their monies locked up after being lured into a ponzi scheme operated by Savanna…