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Tag Archives: Mobile money

Man jailed 18 years for robbing mobile money vendor

A man who attacked and robbed a mobile money vendor at knifepoint of his cash, recharge cards and mobile phones, has been sentenced to 18 years in prison with hard labour by the Juaso Circuit Court. Kofi Agyei was handed the jail term after he pleaded guilty to the crime. Police Detective Chief Inspector Birikorang Peasah, told the court, presided ...

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2 shot as robbers attack Mobile Money agent at Busia Junction

Two persons have sustained severe gunshot wounds at Busia Junction near Odorkor in Accra, following a robbery attack on a Mobile Money operation point. According to eyewitnesses who spoke to Citi News’ Ebenezer Afanyi Dadzie, the two suspected robbers in a saloon car, approached the Mobile money point around 8:00pm on Thursday, and asked the vendor to hand over her money. In ...

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A/Region: MTN rewards dedicated Mobile Money agents

Mobile telecom giant, MTN-Ghana has pledged to continue monitoring and tracking the activities of Mobile Money (MoMo) Merchants and Agents in order to sanitize the system. Officials have said they will weed out persons whose activities are inimical to the Mobile Money business. Officials have also warned that agents who are caught in malpractices will be blacklisted and will lose ...

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Abort plans to tax mobile money transactions – Minority

The Minority in Parliament has asked government to abort plans of imposing taxes on mobile money transactions in the country. Speaking at a Breakfast meeting on Monday with stakeholders ahead of the 2018 budget and economic policy in Accra, Minority Spokesperson on Finance, Cassiel Ato Forson, said they are reliably informed that government is nursing such intentions, something they believe ...

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Mobile Money ticket payment causes ‘confusion’ at FA Cup final

Fans hoping to secure tickets to watch the MTN FA Cup final between rivals Accra Hearts of Oak and Kumasi Asante Kotoko at the Tamale Sports Stadium today [Sunday], are facing early frustration at the gates after being told the only means of paying for a ticket is through MTN Mobile Money. When the gates opened at 10:01 on Sunday morning, ...

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Mobile Money Fraud – An Inside Job? [Article]

Mobile money is great. However, MTN Mobile Money is far from great. In fact, it appears to be an endless case of fraud peddling from its mobile money vendors. It’s strange how we hardly hear of Tigo Cash, Vodafone Cash or Airtel Money fraud cases yet MTN Mobile Money fraud seems to be everywhere (just like their tagline). This is ...

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Telcos not cooperating in mobile money fraud fight – CID

The Criminal Investigations Department (CID) of the Ghana Police Service,  is accusing Telcos of not cooperating with them in their attempt to address mobile money fraud. This follows an internal inquiry by the CID which revealed that, some staff of telecommunication companies are complicit in the act. Telco staff are reported to, without authorization, access the database of mobile money merchants, and ...

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Staff of telcos accomplices in mobile money fraud – Police

The rate at which subscribers of mobile money are being defrauded by both criminals and some staff of telecom companies has reached alarming proportions. The service, which has been touted as the innovation to bring banking to the doorsteps of the unbanked, is turning out to be a monster depriving mostly poor people of their little money. What is even ...

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Protect your Mobile Money pins – MTN urges subscribers

Subscribers and merchants of the mobile money service  have been advised not to share their pins with other people. Mrs. Cynthia Lumour, Corporate Executive of MTN issued this advice to users of the mobile money service. She said the hike in the number of mobile money fraud cases could be attributed to the inability of users to hide their pins ...

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BoG gives authorization for GN Bank Mobile Money

The Bank of Ghana has given authorization to GN Bank to introduce mobile money to the public. The BOG authorization paves way for the bank to introduce this unique service which combines mobile money with mobile banking. GN Mobile Money is unique because it is available on all networks, which means that every mobile phone subscriber or user can open ...

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