Pulse.com.gh logo

Ghana Telecom Controversy MTN to sanction vendors who increase price of recharge cards

He also urged customers to report to the toll free number, 100 for the necessary punitive actions to be meted out to all vendors who increase prices of their recharge cards.

  • Published: , Refreshed:

Mobile telecommunication company, MTN has charged customers to resist any increase in the prices of its recharge cards by vendors.

He also urged customers to report to the toll free number, 100 for the necessary punitive actions to be meted out to all vendors who increase prices of their recharge cards.

Reacting to news that Mobile Money Merchants Association were  planning to increase prices of recharge cards by 10%,  General Manager of Regional Sales of MTN, Abubakari Mohammed asked customers to resist any hikes in prices of recharge or mobile money  charges by vendors.

Speaking to confirming a stance earlier expressed in writing , Abubakari Mohammed said,

"MTN has not increased prices of its recharge cards or Mobile Money Services, so customers should resist any price hikes. The prices of recharge cards are written on the cards. That is what  the consumer must pay."

Read More: > Found guilty Businessman jailed for stealing MTN recharge cards

Also addressing claims by retailers that telcos have reduced the commission due vendors from the sale of recharge cards, Abubakari Mohammed advised retailers to switch to the sale of electronic vouchers in order to increase their profit margins.

Prices of phones and mobile money transactions are set to go up as the Mobile Money Merchants Association are getting ready to increase price of recharge cards by 10% starting today, Wednesday, February 3.

Read More: > Ghana Telco Controversy Recharge card prices to go up by 10%

The Association blames the imminent increment on the reduction in the commission of vendors on each card sold.

According to  president of the association, Kingsley Freelove Amoh, telcos have reduced commissions by up to five percent despite the difficult economic situation.

"It is unfortunate that the telcos will choose to decrease commissions to vendors at a time when cost of living has shot up drastically.  So we will also have to protect our profits by  " he said.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos

Top Articles

1 Investment banks in Ghana Top 5 investment banks in Ghana and why you...bullet
2 Incompetence Otabil wasn't qualified to be Capital Bank Board Chairman...bullet
3 Breaking Otabil finally breaks silence on banking controversiesbullet
4 Salaries In 2018 Here are the dates public workers will be paid in...bullet
5 Education Top 5 private high schools in Ghana according to WAECbullet
6 Banking In Ghana Stranded customers of First Allied Savings &...bullet
7 Nana Appiah Mensah Menzgold CEO invited by EOCObullet
8 Nana Appiah Mensah Menzgold boss apologises to BoG after...bullet
9 Increment Fuel prices to go up again – IESbullet
10 Bank Collapse Capital Bank Board misused GHC 610...bullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 Money Alert Meet Africa's richest womanbullet
3 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
4 Former Capital Bank staff grills pork for survivalbullet
5 Plane Crash Starbow suspends operations following plane crashbullet
6 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
7 Support Finance minister buys Kantanka carbullet
8 Tech 6 reasons you should buy an iPhone SE instead of any...bullet
9 New Phone Nokia’s MWC 2018 Event in Under 10 Minutesbullet
10 Bozoma Saint John 10 quotes from Uber top official,...bullet