Citi Business News.<\/strong><\/p>\nHe added, \u201cWe have been working with the regulator and our partner banks on the module that will ensure that Airtel money customers get paid interest on their balances and we are very happy to champion it.\u201d<\/p>\n
Also, the General Manager of Mobile Money services at MTN, Eli Hini has lauded the central bank for its directive for telcos to start paying interests on mobile money accounts.<\/p>\n
“It\u2019s been a much awaited approval and we welcome it because we believe that it is an opportunity for new wallet holders to also have benefit from the funds they put on their wallet,” he said.<\/p>\n
“Interests are however based on customers’ balances which is the daily balances which is aggregated over a month and over a quarter. So it all works back to the funds that customers have had on their wallet over the period.”<\/p>\n
–<\/p>\n
By: Jessica Ayorkor Aryee\/Pius Amihere Eduku\/citibusinessnews.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
Telecom operators are to share an estimated 12.2 million cedis among mobile money customers in the first payments of interests on floats next month. [contextly_sidebar id=”Edy5KvnYzwNqHdu3ZAzxevdnBFV4SHLZ”]The figure represents eighty percent of the total interests earned on floats which was estimated at 15.2 million cedis as at the end of June this year. According to the […]<\/p>\n","protected":false},"author":14,"featured_media":222034,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[121,32,718,11],"tags":[],"yoast_head":"\n
Mobile money interest payments start September 11 - BoG - Citi 97.3 FM - Relevant Radio. Always<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n