GH¢1k Cap on Mobile Money Agents Withdrawals Starts December 1

Mobile Money (MoMo) agents in Ghana will implement a new policy, effective December 1, restricting cash withdrawals to a maximum of GH¢1,000 per transaction. This decision, communicated through a statement from four MoMo Associations—Northern MoMo Agents Association of Ghana (NOMAAG), Mobile Money Advocacy Group (MOMAG), Mobile Money Agents Association Ghana (MMAAG), and ABAG—is aimed at…

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