MTN Ghana has commenced the payment of GH¢17.1 million to 10,630,175 customers of its mobile money services as interest earned for the first quarter of this year.
This brings to over GH¢156.2 million in interest paid to Mobile Money customers from inception of interest payment in 2016 to March 2019.
The payment, which hit subscribers’ wallets from April 28, 2019, was done in collaboration with 17 partner banks of MTN Mobile Money.
General Manager for MTN Mobile Financial Services, Eli Hini, urged all mobile money subscribers to cultivate the habit of keeping money in their wallets for their daily transactions while enjoying interest instead of keeping cash with its associated risk.
“Keeping money in your wallet helps you to accrue more interest.”
He also cautioned MTN Mobile Money subscribers to be vigilant and wary of fraudsters.
MTN has a robust governance structure in place that safeguards the data and privacy of its customers and MTN Mobile Money service is committed to providing the highest level of security to protect its users.
Mr. Hini said that customers must not disclose their PINs, entertain calls or messages concerning their mobile money account; approve any transaction they have not initiated or give out their phones for mobile money transactions to be performed on their behalf.
MTN Mobile Money services is ISO 27001 certified, and has over 10 million active users, with over 115,000 active agents and 5,000 canvassers, as well as over 67,000 merchant points across the country.