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Business & Finance

BoG increases mobile money transaction limit

By : cd on 07 Jan 2023, 05:52     |     Source: christian ahorgah

BoG

The Bank of Ghana (BoG) has announced the increment of Momo transaction and wallet limits.

According to BOG, the move is to facilitate more efficient payments, encourage the seamless transition to a cash-lite society as well as promote the use of non-cash models of payments.

The Central Bank added that “the aggregate monthly transaction limits will however remain unchanged.”

 

BoG increases mobile money transaction limit

BoG increases mobile money transaction limit