Tag: mobile money
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BoG to release new guidelines on mobile financial services
The Bank of Ghana is to soon come out with revised regulations on Ghana’s mobile financial service sector. It follows what the central bank views as the significant contribution of the current Electronic Money Issuers Guidelines passed in 2015. According to the Second Deputy Governor of the Bank of Ghana, Dr. Johnson Asiamah, the revised…
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Less hustle in 2nd quarter interest payment – Telcos
Telecom operators have told Citi Business News there have been less challenges with the payment of second quarter interests on mobile money accounts. The second tranche of interest payments, begun on Sunday, September 18, 2016; a week after the first tranche of payments. Some customers had expressed varied concerns over the apparent delay in payments…
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Tigo begins payment of ‘Tigo cash’ interests
Telecommunications Network, Tigo Ghana today commenced payment of interests on mobile money wallet to customers. According to Tigo, 65,000 customers have so far received interest on their Tigo Cash. A total of over GHc1.2million is expected to be paid to all Tigo Cash users by the end of the first and second quarter payment windows. Speaking…
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Mobile money interests to be paid by end of today
Some telecom operators have assured subscribers of mobile money services yet to receive interests on their accounts to expect them by the end of today, September 13, 2016. It comes on the back of concerns by customers over the apparent delay in the release of interests; three days after the process begun. About 12 million…
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Mobile money interest payments take off today
Effective today September 11, customers of mobile money services will begin earning interest on their mobile money accounts. The interests to be paid will however be the accumulated interests for the first quarter while interests for the second quarter are expected to be paid on September 18, 2016. The Bank of Ghana, in August this…