KNUST

Friday 16 September 2016

Tigo Pауѕ Intеrеѕt On Mobile Money


One million Ghana cedis has been paid as interest on mobile money to customers by Tigo Ghana. About 650,000 Tigo customers...
benefited from this amount as interests for the first and second quarters. This constitutes about 80% of the total interests for the period.

“This initiative should encourage more people to save in their wallets ” Tara Squire, Director of Mobile at Tigo said. He also said “For interest payment, it’s just like a natural progression. Customers transact through mobile financial services and to encourage customers not just to use it as a place where you put money in and take money out, but actually a wallet you keep money in to drive other transaction. We think this is a step in the right direction”

This initiative is as a result of a directive by the Bank of Ghana (BOG) to all telecommunications to pay interests to customers of mobile money banking.





No comments:

Post a Comment