MoMo Outstrips Cheque Payments by GHS42bn in Ghana

Total value of mobile money transactions for the first eight months of this year far outstripped the value of cheque transactions, by more than GHS42 billion, according to the Summary of Macroeconomic and Financial Data. This means that consumers’ now prefer mobile money for transactions, rather than cheque clearing. The significant difference between the total … Continue reading MoMo Outstrips Cheque Payments by GHS42bn in Ghana