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Value of momo transactions drops to Ghc 316bn in February 2025

According to the Bank of Ghana's Summary of Economic and Financial Data for March 2025, mobile money transactions in the nation fell from GHC 333 billion in January to GHC 316 billion in February 2025. In comparison, a larger transaction value of GHC 334.8 billion...

MoMo withdrawals to be limited to GH¢1k per transaction from Dec. 1 – Agents

The enforcement of a temporary measure restricting cash withdrawals to a maximum of GHC1,000 per transaction began yesterday, December 1 as indicated by the official statement released. This decision is outlined in a joint statement issued by four MoMo Associations: the Northern MoMo Agents Association...