Tag: MTN Mobile Money
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![Kumasi: MoMo merchants protest over MTN’s decision to block their SIM cards [Video]](https://citibusinessnews.com/wp-content/uploads/2021/04/momo-agents-at-kumasi-office.png)
Kumasi: MoMo merchants protest over MTN’s decision to block their SIM cards [Video]
Some mobile money merchants in the Ashanti Regional capital, Kumasi, on Tuesday massed up at one of MTN Ghana’s main offices after the company blocked the SIM cards they use for their businesses. According to MTN Ghana, the affected agents failed to comply with the rules and regulations of its newly introduced ‘no ID card,…
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Implementation date for demanding IDs from MoMo customers extended to April 1
The General Manager of Mobile Money Limited, Eli Hene, has told Citi Business News that MTN Ghana has decided to extend the intended date on which MoMo users will be required to present a valid national ID for mobile money transactions. He said the implementation date has been moved from February 1, 2021, to April…
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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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MTN Ghana tackles mobile money fraud with robust security
MTN Ghana has beefed up security to protect mobile money users from fraudulent activities and ensure customers have enhanced experience as the telecommunication company continues to invest in infrastructure expansion and improved services. Some security measures being outlined by the company to protect its 14 million registered subscribers include re-introduction of ‘allow cash out’ menu,…
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MTN, Ericsson launch Mobile Money open API platform in Ghana
MTN and Ericsson (NASDAQ: ERIC) have extended their Mobile Money partnership by launching an open API platform in Ghana to give entrepreneurs an opportunity to develop revenue-generating applications. MTN Mobile Money is the most widely used mobile money platform in Ghana. As part of the new agreement, MTN will grant access to third parties to…