Tag: transactions

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Mobile Money Transactions in Ghana Show Significant Growth Amid Economic Challenges

Data from the Bank of Ghana (BoG) reveals a notable rise in mobile money transactions, underscoring the increasing adoption of digital financial services across...

MoMAG Raises Alarm Over Decline in Transactions, Calls for E-Levy Review

The Mobile Money Advocacy Group Ghana (MoMAG) has voiced serious concern over a recent downturn in Mobile Money transactions nationwide. Data released by the Bank...

Vodacom’s Mobile Money Transactions Exceed US$400 Billion Annually

According to its latest trading update for the quarter ending June 30, 2024, Vodacom Group has achieved a milestone by processing over $400 billion...

GhIPSS in 2023 recorded GH₵629.5 Billion transactions

Ghana Interbank Payments and Settlements Systems (GhIPSS) recorded a total of GHS629.5 billion in transaction value from 312.9 million transaction in 2023.  This is contained...

Tanzanians return to Cash payments over high taxes and charges

Tanzanians are using mobile services less often than two years ago when the government introduced new taxes on mobile money transactions. In July 2021, the...

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