No charges on mobile money transfers up to GH¢100

The Bank of Ghana has announced that effective Friday, March 20, mobile money transactions below GH₵100 will attract no charges.

The central bank says this part of an agreement between the central bank and the mobile network operators to promote the use of digital platforms for payments, following the deadly coronavirus outbreak.

“All mobile money users can send up to GH₵100 for free (excluding cash out). This includes sending to a recipient on the same network, or another network via the interoperability platform.”

The policy which will run for the next three months is subject to review, a statement from the bank said.

By: Rainbowradioonline.com

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