Mobile money interoperability was introduced in Ghana about a month ago and so far, transactions have been smooth.
According to GNA, fund transfers from one mobile network to another have witnessed consistent growth in the value and volume of transactions since mobile money interoperability was launched on May 10, this year.
In the first month of operation, mobile money interoperability recorded a total of 136,469 transfers valued at about GH¢12.458 million, according to data from Ghana Interbank Payment and Settlement Systems (GhIPSS).
Kindly subscribe to our YouTube channel
This was achieved on the back of wallet to wallet and wallet to bank transfers.
Total wallet to wallet transactions reached 96,904 with a value of GH¢8.310 million while that of wallet to bank was 39,665, amounting to GH¢4.148 million.
Mobile money interoperability has made transfers from one mobile network to another seamless and people no longer have to stress over that.
Worth sharing? Please share on Facebook or Twitter. It helps more people see it.