Tag: Mobile Money

Ghana’s mobile money sector has experienced significant growth in the first two months of 2025, reaching a total transaction value of GH¢649.2 billion. This represents a remarkable year-on-year increase of ...

Ghana has emerged as the global leader in mobile money regulation, according to the 2024 GSMA Mobile Money Regulatory Index (MMRI). This recognition highlights the nation’s progressive strides in financial ...

Mobile money transactions in Ghana continues to show substantial growth. According to data from the Bank of Ghana, mobile money transactions hit a record-breaking GH¢2.368 trillion during the first 10 ...

The Chief Executive Officer of the Ghana Chamber of Telecommunications, Dr. Ing. Kenneth Ashigbey, has voiced his concerns regarding the current challenges in financial transactions across the African continent. Addressing ...

President Nana Addo Dankwa Akufo-Addo announced that the percentage of adults in Ghana with access to financial services increased from 58% in 2017 to about 80% by 2023. This growth ...

Senior finance lecturer at the University of Ghana Business School, Dr Benjamin Amoah, has expressed the need for government to audit the e-levy within the mobile money services. According to ...

Selorm Adadevoh, the Chief Executive Officer (CEO) of MTN, has credited the reduction of the electronic levy rate as being responsible for the massive increase in the mobile transactions. According ...

The telecommunication giant MTN Ghana has increased the Mobile Money (MoMo) transaction limits to enhance MoMo customers’ experience. In a statement copied to the Vaultz News, MTN highlighted the importance ...

The Government of Ghana expects to raise a total of GH¢2,235,108,261 from the Electronic Transactions Levy (E-Levy) in 2023, though it has revised the rate from 1.5% to 1% in ...

A new survey conducted by the Ministry of Finance in partnership with some financial services regulators in the country has found that there is a dramatic shift to Mobile Money ...