Mobile Money To Outstrip Cheque Transactions – CIB Ghana
In the first four months of 2021, the usage of mobile money in non-cash retail payments overtook the traditional cheque transactions in the country. A Bank of Ghana (BoG) report on payment systems showed that while the volume of transactions on mobile money was GH¢301.1 billion, that of cheque transactions was GH¢68.3 billion between January and April this year. The Chartered...