ADVERTISEMENT
MTN brings mobile money 'ATMs' to Ghana
When this new module is introduced, customers will not necessarily have to visit mobile money vendors to transact business.
According to Accra-based Citi FM, the new introduction is due to the increase in mobile money services in the country.
Even though this may affect the vendors, it is unclear how many people will be jobless.
ADVERTISEMENT
The new module is to help customers transact business at odd hours and also reduce the pressure on merchants in some instances.
Aside from the mobile money services, the self-service kiosk will allow customers to withdraw money from an Ecobank or Stanbic account without an ATM card.
This is because the system allows a customer to withdraw a token by accessing the account via his or her mobile money pin.
READ ALSO: 2 former staff of GIS wrongfully paid GHS89K
In addition, MTN customers could buy or change MTN SIM cards.
ADVERTISEMENT
Many have raised concerns over the unemployment this new module will create but sources say that may least be the case for introducing the new system.
In 2017, the total active agents reached 151,745 with total volume of transactions reaching 981, 564, 563.
Meanwhile, the total value of transactions amounted to GH¢155,844,840,000.
MTN module is in its testing stages. It is expected to be rolled out in few months.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.com.gh
Recommended articles
Lawson Edem Morttey's opinion: A political train wreck
Only the Energy Minister can authorize a timetable for dumsor – Osafo-Maafo
Woman suffering incurable disease finally gets her wish to choose how she dies
Vigilant Asante-Akim North constituent's fact-checking exposes MP and government
Fish farmer cries after losing $8,000 machine to 'dumsor': 'I'm speaking out of grief'
Biden assures Zelensky of rapid arms support amid escalating Russia tensions
The current 'dumsor' is not as bad as the one under Mahama – Prof. Adei
IMANI Africa responds to Yvonne Nelson's call for dumsor vigil partnership