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  • How To Use MTN App For Mobile Money Transactions In Ghana

    How To Use MTN App For Mobile Money Transactions In Ghana

    When it comes to network stability, best service delivery and customer satisfaction in Ghana, there is no doubt that MTN Ghana is the best.

    This might sound debatable but that’s the fact. With its vast network coverability, and the inclusion of other services such as mobile money, quick loan, and other financial services, MTN Ghana has won the heart of many.

    MTN Ghana has grown to the level where most people depend on it for all their financial transactions. When it comes to Mobile Money service in the country, MTN Ghana is Still the leading player in the market.

    Unlike previous years, where only individuals of a high class can get access to some of the financial services in Ghana.

    Today MTN mobile money has been a life saviour to many. As days pass by, a lot of people have come to love this service and due to that, many new features and innovations have been added to the service including the invention of the MY MTN App.

    The MTN App is an app developed to be used by both Android and iOS users. With My MTN App, one can buy airtime, purchase bundles, check balance and much more.

    It gives the MTN Subscribers greater control of their own mobile services so that they can access services and solve issues without having to contact MTN representatives. Using this app, one can also have access to information on all MTN’s products and services at their convenience.

    How to use the MTN App for MOMO Transaction

    As mentioned earlier, the MTN app can be used for many things including Mobile money transactions. But is sad that most people don’t know how to use the app for conducting their day to day activities. If you are one of them, then you can follow the below steps to see how to use the app for MTN mobile money transactions.

    First, you need to be a smartphone user: Android or iOS. Once you get the smartphone ready, you will have to then open your Appstore or Google Playstore to download the app.

    You can download and the app from here if you are on iOS or here if you are on Android.

    After the successful installation of the app, you then open and register on the app using your phone number.  Here, an OTP will be sent to your number.

    Register

    Now enter your password and confirm to finish the registration process. After successful registration, you’ll be given a free 50MB for just installing the app.

    Now is time to use the app for all the service on MTN.

    To transact MOMO on the app, you first open the app once again if it’s closed. Once the app is opened, look at the downright navigation bar you will see the MOMO option.

    Mtn MOMO Menu

    Tap on it to initiate the transaction process.

    Now your phone number will be displayed with a prompt to enter your MOMO pin. Enter the pin to continue.

    Enter MOMO Pin

     

    After entering the right pin, you’ll again receive another OTP code. Please note, this code is very important. Do not share your code with anyone.

    OTP MOMOEnter the new OTP code and then you’ll be displayed with the MOMO dashboard which contains all the MTN Mobile Money Menus as shown below.

    MOMO Menus

    From here, you can tap on any of the menus to transact on the app.

    Conclusion

    Note that the myMTN App can be used for more services than just MoMo transactions and we will cover them in our next series of articles.

  • How To Invest In The MTN My Own Pension Scheme

    How To Invest In The MTN My Own Pension Scheme

    MTN Ghana has designed a beautiful service for all workers to enjoy a great pension by contributing regularly for a period of 5 years or more.

    With the My Own Pension scheme, users determine how much they wish to contribute and the frequency of the payment as well.

    You can decide to pay daily, weekly or monthly. So, if I decide to pay 1 cedi daily (which is the least), and I choose a weekly Frequency, I’ll pay 5 Ghana cedis weekly through my mobile money account.

    Once the registration is complete, payment is done automatically every 7 days.

    Meaning, if you registered on Tuesday, every Tuesday, the deduction is made from your account.

    If you do not have enough money in your account prior to the next deduction, that payday gets skipped and you wouldn’t be double-charged for your next deduction.

    Also, your investment in the pension scheme is further divided into two equal parts. The first half goes into an investment account which you can withdraw after one year.

    The other half goes into your pensions account which you can withdraw after 5 years. The interest rate on the pension scheme is a little higher than the T.Bill Rate for each year.

    How To Register For The Service

    1. Dial *170#

    2. Enter option 5 for financial services

    3. Enter option 4 for pensions and investment

    4. Enter option 1 for My own pension

    5. Select option 1 to Register

    6. Enter Residential Address

    7. Enter name of Next of kin

    8. Enter phone number of Next of kin

    9. Select Payment Cycle

    10. Enter amount

    11. Enter 4 digit secret codeM

    12. Confirm 4 digit secret code

    NOTE: You can only withdraw from your investment account after one year of contribution. Also, your pension account withdrawals are only available after your fifth year of contributions. You can always check your contributions in your Pensions and Investments account.

  • 5 Ways To Use MTN Mobile Money Like a Boss

    5 Ways To Use MTN Mobile Money Like a Boss

    In today’s world where technology is taking over everything including finance and jobs, the least one could do is to show off their inclination to technology.

    Today, mobile money is the new cash in the Ghanaian economy. Almost everyone in Ghana has a mobile money account.

    However, most of such people don’t know of how best to utilize their mobile money wallets to solve some daily problems without having to move from place to place thus, doing things as a boss.

    In this article, we take you through some 5 transactions you can do on your MTN Mobile money wallet while you move about town, feeling like a Boss! You may already have had some knowledge about this but I’m sure you’ll certainly see something new here.

    1. Loan Services

    With MTN Mobile money, loan acquisition has become a lot easier and less stressful as you can acquire loans up to 1,000 GHS from the comfort of your home through your mobile money wallet.

    Recently, there has been the Ahomka Loan from MTN. You should check it out.

    Treasury Bills

    With MTN mobile money, your investment has been made a lot more easier and safer as you don’t have to carry your hard cash to the banking institutions and more for payment into your investment accounts. You can invest in Treasury Bills on Mobile Money that from your phone, in the comfort of your couch while sipping on some chilled sobolo.

    Pension and Investment Scheme

    The desire of everyone in the world is to be able to go on retirement and live the dream life they’ve always hoped for themselves. With your MTN mobile money, this could be a reality for anyone and everyone without so much hustle. You get one of the realest returns on investment for your pension benefits and also, there is a part of the money that you can withdraw yearly to cater for your everyday needs while the other part also grows in your investment account.

    Bill Payment

    The stressful wait in long queues and the hectic trudging through tight traffic to make payments to your service providers including NHIS, ECG, Water Company, Telecom networks and others has come to an end. All thanks to MTN Mobile money, you can make payments for all your subscriptions through your mobile phone without any much hustle. And you get to save yourself sometime to get some more cedis or perhaps, spend time with your loved ones.

    Bank Deposit

    One thing I’ve always dreaded is the pain of traveling all the way to my bank just to deposit money into my account.

    What even annoys me is the fact that everyone looks at you as if you’ve come to take billions of cedis. And you know how it feels when everyone thinks you have it, yet you don’t?

    Yes, thankfully, if you’re like me, you have been saved by MTN Mobile money. You can make deposits into your bank account so easily without any hustle and you get notified when the money hits your account. Isn’t it so interesting?

    Read: How To Deposit Money Into Bank Account Through MTN Mobile Money

    Conclusion

    MTN Mobile Money has indeed made life way easier for us all as we do not have to combine the stress of our workload with some daily activities including those listed above. Kindly explore your MTN Mobile Money portal for other beautiful offers and services.  

  • How To Buy Airtime With AirtelTigo Cash, MTN Mobile Money Or Vodafone Cash

    How To Buy Airtime With AirtelTigo Cash, MTN Mobile Money Or Vodafone Cash

    Every mobile phone user must recharge his or her device before making a call or surfing the internet. With the emergence of very popular messaging platforms like WhatsApp, Facebook and Instagram, many have increased their data consumption rates.

    No days pass by without buying an airtime or data bundle.

    There are instances where you find yourself in a location in which it may be difficult to get an airtime vendor to buy airtime for recharge. In that case, you will be stuck with no option.

    Mobile service providers in the country are always looking at satisfying their users to increase user retention and reduce churn.

    They have been able to foresee all these instances and have made an arrangement for them. Thanks to the mobile money services, today, every beneficiary of the mobile money service can easily buy/top-up his or her account using the mobile money balance.

    Each of the service providers has a different method to follow when recharging account from the mobile money balance. The goal of this post is to show you the method to follow for each provider when recharging from your mobile money account.

    How to top-up airtime Using MTN Mobile Money

    Follow the below simple steps to recharge your account using the mobile money balance:

    1. First, you have to make sure there is sufficient money in your Mobile Money Wallet.
    2. Go to “Mobile Money” menu dialling *170# then select option 3 “Airtime & Bundle”.

    1. Now select option one (Airtime-100% bonus self) from the sub menu

    1. Select the beneficiary- either self or other

    1. Enter the amount of airtime you want to buy.
    2.  Confirm details and enter your Mobile Money PIN. You will receive a confirmation message of the successful MTN airtime top-up.

    How To Buy Airtime With AirtelTigo Cash

    First dial *110# and then you will be taken to the AirtelTigo cash main menu

    Now once you are on the page, you will be displayed with all the mobile money menus. Select option 2 from the menu

    Now you will be given the chance to choose whether you want to buy airtime or data bundle. since your aim is to buy airtime, you choose the first option

    After choosing the buy airtime option, you select 1, if you want to buy for yourself otherwise select the option that suit your demand.

    Now you confirm the details and enter your mobile money pin to finish the process. After a successful transaction, you will receive a confirmation message from AirtelTigo.

    How to top up airtime using Vodafone cash

    Vodafone cash also offers similar steps for purchasing airtime from a user account. If you are a user of Vodafone cash, you can also follow the below steps to top up your call account using the MOMO cash balance.

    Just like MTN MOMO top-up, you need to also make sure you have sufficient balance in your Vodacash account before proceeding

    1. Dial *110# to go to the Vodafone cash menu. Once you are on the menu, select option 3 to see the options available
    2. From the submenu, choose option 3 -buy airtime or data
    3. Here you will see three submenus, choose the first option: “buy airtime”
    4. Then select the first option – my phone. If you are buying for yourself otherwise select the other options
    5. Now enter the amount
    6. Confirm details and enter your Mobile Money PIN.

    How to buy Airtime in Ghana using an App

    Another way to buy airtime using any of the service providers is to use an app. This app will help you buy your airtime with ease.

    All you need to do is to install the app and you are ready to purchase your preferred airtime. The app is an all in one app that gives you the ability to do many things at a go. The name of the app is Slydepay.

    1. First, you have to download this app from the Playstore or Appstore and then install it on your android or iOS device.
    2. Once the app is installed, follow the onscreen registration guide to register for an account on the app.
    3. After successful registration, you are done. You can now use the app to do many things including buying airtime from any of the mobile money service providers.

    Conclusion

    Buying airtime using mobile money balance is never difficult as many perceive it to be. All you need to do is to follow the above simple steps and you should buy all your desire airtime/bundle.

  • How To Register As A MTN Mobile Money Agent/Merchant For Commission

    How To Register As A MTN Mobile Money Agent/Merchant For Commission

    Mobile Money transactions have become an integral part of the banking system in Ghana. Many people have come to love transacting their day to day business through this new form of banking in the country.

    With the advancement in Fintech and the coming into being of the interoperability system, a lot of ventures finds it easy to accept MOMO payment instead of physical cash payments.

    Today, almost all the network providers in the country have implemented some form of the mobile banking system. We have seen the likes of MTN mobile money, Vodafone cash and then later AirtelTigo Cash Payment system. But looking at the statistics, MTN mobile money transaction is still the leading mobile banking system as it stands today.

    Because of the rise in the demand for MOMO transactions outlets, MTN and all the other mobile money providers have expanded their outlets to anyone who is qualified and therefore wishes to work as a vendor for a commission.

    The service providers have put in some requirements that you need to meet before you become a qualified applicant for the MOMO business.

    Requirements to be an MTN Mobile Money Merchant

    For you to become a merchant working for MTN, for a commission you will need to meet the following requirements.

    • Must have a registered company(limited) or its equivalent
    • Fill and submit Agents Recruitment Form
    • Fill and submit Agent Account Handler Form
    • Agent/ Merchant code of ethics

    Registered Company (limited)

    For you to be a successful applicant, you are required to have at least a limited company or its equivalent. This is to ensure that, in case of unforeseen circumstances, you can easily repay your debt and that of your customers.

    Agent Documentation Requirements

    Every business in Ghana must have official documentation to make it a binding one between the parties involved. Being an agent means you and MTN are entering in some kind of business which opts to be binding. this document will serve as a bidding contract letter. So in other to be issued the go-ahead to start a merchant business, you are required to fill and submit the agent documentation letter.

    Agents Recruitment Form

    Recruitment form, also known as MTN MOMO registration form. This form includes details like Registered Business Name, Trade No./Business Registration No, Assigned Bank, Agent Ghana Post GPS Location etc. You need to provide all the details marked as required with an asterisk. Once you are done then you submit it for a review. Get the form Here

    Agent Account Handler Form & Agent/ Merchant code of ethics

    The information needed here includes the agent’s personal details such as full name, date of birth, place of birth, nationality, occupation, Voter ID or any of the National ID’s. The code of ethics also has to do with the agents agreeing to abide by the business ethics. The handler form and that of the code of ethics can also be found here.

    Prospective Agents must also meet the required structure and location requirements as set in accordance with EMI (E-money Issuer) guidelines. The structural requirements are as follows:

    Permanent structure in the form of Brick and Mortar, Semi-permanent structure is required for an Agent outlet. These structures should be placed within 50-100 meters’ range.

    Wooden structures and Umbrella outlets should be avoided as they do not meet the standard requirement. prospective Agents are also required to have a startup capital of GHS 4,000.

    After meeting the structure and location requirement, and submitted your application, you will need to wait for sometimes before you get feedback from MTN.

    The following points should be noted whiles you wait for your application to be processed:

    • MTN Mobile Money centre shall respond via email or phone to all applicants upon receipt of their application.
    • Applications received shall be vetted to ensure they meet all requirements.
    • False documents presented during the applications process is deemed to be a criminal offence and MTN Mobile Money reserves the right to reject any applications that do not meet the requirements.
    • Processing of a successful application shall take a minimum or maximum of 23 working days from the date on which your application is received.
    • Successful applicants shall be notified about the status of their application via email or phone call upon completion of service.

    MTN Mobile Money Agent Commissions Structure

    As a mobile money agent, you get some benefits in terms of commissions. MTN mobile money agent gets rewarded commission per every transaction the carried out. This commission serves as a profit for these agents.

    The commission fees are structured in the following ways:

    Any withdrawal between GHS 1 to GHS 50 attracts a charge of GHS 0.50 whiles withdrawal above GHS 50 gets a deducted fee of 1% of the money to be withdrawn.

    You can read more on these charges and fees from the Official MTN Page. This is where we come to an end of today’s post. Hope you find it helpful. If you do please share on all the platform you find yourself.

  • MTN Upgrades to 4G+ few hours before Vodafone 4G launch

    MTN Upgrades to 4G+ few hours before Vodafone 4G launch

    MTN Ghana has launched its 4G+ service to provide faster data speeds with the widest coverage for its customers.

    The 4G+ service runs on 4G LTE Advanced technology using the combination of the 800MHz and 2600MHz for carrier aggregation which is an enhancement on the 4G LTE experience.

    This provides more capacity and enhanced data speed of up to 20x if migrating from 3G to 4G+ and 5x if migrating from 4G to 4G+.

    Announcing the service, the CEO of MTN Ghana, Selorm Adadevoh, expressed delight at the extent to which the 4G+ technology will further impact the development of the country as it provides more opportunities for Ghanaians to fully utilize digital services.

    Mr Adadevoh said, “The underlying belief we have, which drives us in providing more enhanced technologies, is that everybody deserves the benefits of modern connected life.”

    He said, this year is MTN’s ‘Year of the Customer’ and to make our customers lives a whole lot brighter we continue to invest in the latest technology to enable them to experience an enhanced digital lifestyle.

    “Additionally, it will also go to support the growth of the country in the areas of Artificial intelligence, Internet of Things and Big Data.

    He added, “With faster internet and wider coverage, the transmission of data can be done with ease, on-the-go, with the best speed everywhere. Higher speed internet broadband promotes business growth and enriched social lives, ultimately boosting national development.”

    The Chief Technical Officer for MTN Ghana, Mr Thomas Motlepa sharing details on the enhanced service said the company had already deployed 1,226 total 4G LTE sites of which 625 sites are 4G+ in all regions nationwide especially regional capitals and key towns. Plans for full national coverage are ongoing.

    MTN continues to consistently be the first to launch innovative products and services. MTN first introduced GSM technology in Ghana and was the first to commercially launch all the generations of technologies – 2G, 3G, and 4G LTE and 4G+, just to name a few of several firsts for MTN.

  • MTN Shortz Challenge: How to apply, participate and more info

    MTN Shortz Challenge: How to apply, participate and more info

    Telecommunication giant, MTN Ghana has launched a competition to monetize the creativity of content developers in the country.

    The digital innovation dubbed MTN Shortz is also to give subscribers a chance to make short video contents, which includes comedy, animations, podcast, games and films.

    Speaking at the launch MTN Shortz, Acting Chief Marketing Officer of MTN, Noel Kojo-Ganson underscored the need to make smartphones more relevant during this digital age as the poised to create relevant contents that would inform, entertain and educate the user.

    He said: “MTN Shortz is a platform that would empower our customers digitally and serve as a reference point for them to access short video contents like comedy, animation, podcast, games and Films. This platform is also expected to be a revenue-generating source for content developers.

    “In order to boost content injection on the MTN Shortz platform and create the opportunity for content developers to monetize their creation. MTN is inviting content creators, animators, game developers, newspaper houses, movie producers, TV stations, radio stations, bloggers, social media experts to submit very innovative contents on MTN Shortz platform to participate in the MTN Shortz Challenge” he stated.

    Mr Kojo-Ganson further stated that content should be generated locally, as they would use the platform to encourage the rich cultural heritage of Ghana.

    “The MTN Shorts challenge presents an opportunity for all of us to tell the African story or share information on Ghana’s culture and any other useful information required for life.

    “Content could be on health, education and any other issue of social importance. We hope to receive very exciting and thought-provoking contents from various developers,” he noted.

    Types of content you can submit through MTN Shortz

    Currently, the platform allows you to submit the following content:

    • Short Films
    • Funny Videos
    • Animations
    • Podcasts
    • Games

    How to apply to MTN Shortz

    Applicants interested in the challenge would have to log in onto MTN Shortz Site and provide necessary personal details for registration from August 8 till August 27, with the participant standing a chance of winning a total cash prize of Ghc 50,000.00

    The main MTN Shortz platform is expected to run after the challenge as various workshops would be organised by the telecommunication giants in order to educate content developers about how the platform works.

    Eligibility & Participation

    Entry Fee: Free

    Eligibility: All Ghanaian content creators and content aggregators

    Entry Category:

    • Short Film
    • Funny Video
    • Animation
    • Podcast
    • Games

    General terms of participation / Rules and Regulations

    • Short Films/ Funny Videos/ Podcasts/ Animations: Entries must not exceed 10 minutes in duration including all titles and credits.
    • Games: The “.apk” should not exceed 100MB
    • Deadline for submission is 27th August 2018.

    How to submit

    Participants should use “DropBox or We Transfer” to upload their videos and send the file link to [email protected] with below details

    • Full name
    • Team members
    • Contact number
    • Email address
    • State participating category

    Any queries should be submitted to [email protected]

  • MTN Ghana Launches Mobile Money Month 2018 at Kasoa

    MTN Ghana Launches Mobile Money Month 2018 at Kasoa

    Telecommunication giant, MTN Ghana has urged for more acceptance of the cashless mode of transactions so the country can reap the numerous benefits associated with digitized payments.

    Speaking at the launch of the 2018 Mobile Money Month held at Kasoa Market, General Manager for Mobile Financial Services at MTN, Mr Eli Hini said there was a need to take a second look at the mode of payments in Ghana. (more…)

  • You have up to the 31st of July 2018 to buy your MTN Ghana Shares

    You have up to the 31st of July 2018 to buy your MTN Ghana Shares

    MTN Ghana’s Initial Share Offer (IPO)which was launched on May 29th, 2018 to sell 4,637,394,533 ordinary shares, representing 35% of MTN Ghana (Scancom PLC)is scheduled to end at 5:00 pm on July 31st 2018.

    As per the IPO Prospectus, the minimum number of shares to be sold for the IPO to be successful is 463,739,453, representing ten per cent (10%) of the total number of shares on offer.

    With a few days to the end of the IPO, MTN Ghana has confirmed that the offer period will not be extended.

    Sharing updates on the progress made so far since the launch, the CEO of MTN Ghana, Selorm Adadevoh said MTN used innovative and convenient ways of getting people to participate in the IPO and as a result, the company engaged stakeholders in many districts, big towns and markets in all 10regions of the country. MTN Ghana has also used all of its events and digital channels to talk about the IPO and to explain why people should participate in it.

    Mr Adadevoh said, “We believe that we have given more than enough time for people to make up their minds”.

    He said, “The reason why we took this approach is that we want to reach all Ghanaians and to give them an opportunity to hear about our offering and to decide whether or not to own shares in our company. We have received a lot of commendations about these multiple channels”.

    Selorm Adadevoh also lauded the innovative decision to use Mobile Money for the IPO and mentioned that a significant number of the subscriptions received was done through MTN Mobile Money.

    The IPO, which is the largest IPO on the Ghana Stock Exchange, is expected to increase the capitalisation and activity within the equity market. The IPO is indicative of MTN Group’s long-term confidence in Ghana’s economic prospects.

    The IPO Prospectus can be accessed electronically via www.mtnghanashares.com. Physical copies can be collected from any MTN Ghana office or branches of the Receiving Banks or Receiving Agents (Brokers).In addition to these channels, prospective applicants can receive the IPO Prospectus on their smartphones by dialling *533#.

    An applicant can subscribe using the MTN Mobile Money USSD platform by Dialling *170# or through the Offer website www.mtnghanashares.com. Prospective applicants can also buy through the sponsoring broker, IC Securities.

    Read further instructions on how to buy your MTN Shares here.

    The IPO closes at 5 pm on 31st July 2018 and, following approval from the Securities and Exchange Commission, trading on the Ghana Stock Exchange is expected to begin on 5th September 2018. Once the offer period has ended, applications will be reviewed and collated and allotments will commence. Applications received after the offer period will not be considered or processed.

  • MTN introducing Mobile Money “ATMs” in Ghana soon

    MTN introducing Mobile Money “ATMs” in Ghana soon

    Telecoms giant, MTN is working to deploy machines that could take deposits and dispense cash for its mobile money business.

    JoyBusiness has gathered that MTN has already secured the self-servicing kiosk, but with limited functions like sim change and airtime.

    However the plan is to allow the machine take deposits and dispense cash, this is to aid their mobile money business. It is also to ensure that at every point in time, subscribers can turn to this machine to transaction transfers or the mobile money business.

    Approvals

    JoyBusiness understands MTN had to suspend the mobile money function on the self-servicing kiosk, even on a pilot basis. This is because they have not secured the necessary regulatory approvals. Sources say even though the regulator is willing to approve the service, it wants to be carried out in a way that would not result in MTN operating as a fully fledged bank.

    The regulator is also worried about the impact on vendors currently in the country, as it employs more than 150,000 persons.

    The Payment and Settlement bill, which will seek to address issues like this, is yet to receive parliamentary approval. Therefore, it is likely that it might take a while before MTN can introduce the full service to aid its mobile money business.

    Is MTN planning to become a bank?

    MTN Group Chief Executive Rob Shuter announced during the 2018 Deloitte Africa outlook conference in Woodmead that it is working to become Africa’s biggest bank. According to the telecoms giant, this has been influenced largely by the progress made by its mobile money business.

    Mr Shuter said, “The core digital service that we have decided to put our money on is Mobile Money. Mobile Money is really about leveraging the strength of the brand and leveraging the strength of the distribution because we have built a huge informal distribution network for prepaid airtime to bring customers into a transactional banking system.”

    He pointed out that MTN has deployed Mobile Money across 14 markets and “if we look at our 30-day active users, which is the most important metric, we are growing by half a million customers a month. I think that’s pretty cool and today we are sitting at 21 million subscribers”.

    Response from MTN Ghana

    Speaking to JoyBusiness, the former Chief Executive of MTN Ghana, Ebenezer Asante said the plan is to rather partner with the commercial banks to provide banking services to the population rather than becoming a bank, “the model that we have implemented across the region is all about partnership rather than directly going into banking services.”

    Mr Asante added that they want to concentrate on their core business and rather join the banks to improve financial inclusion in the country rather going out, to compete with the commercial banks.

    Impact on mobile money merchants

    The service if rolled out, would definitely affect some merchants in the country. The mobile money business currently employs more than 150,000 persons in the country. There is the likelihood that a lot more people would choose a self-servicing machine over the merchants out there. This development could then affect commissions earned by merchants.

    Returns on Mobile Money business for MTN

    Figures from the Bank of Ghana showed that MTN has about 90 percent of the GH¢2.3 billion of the mobile money accounts held with commercial banks. MTN as at October 2017 had GH¢2.1 billion representing 93.5 percent of deposits held at commercial banks.

    The Data from the Bank of Ghana also showed that Fidelity Bank had the largest share of mobile money deposits with GH¢583 million, ECOBANK has Gh¢470 million, while CAL BANK has GH¢229 million.

    Source: Modern Ghana