Telecommunication giant, MTN Ghana have started the process to terminate the accounts of Mobile Money Agents who are involved in fraudulent transactions in Ghana.
According to the telecommunication giant, this is due to the spate of fraudulent activities in the Mobile Money space b some agents.
Due to this, MTN will begin the termination of about 20,499 agents from October 11th 2021.
Consequently, affected mobile money agents are advised to debit their accounts on or before the said date.
MTN Ghana has also promised to publish details of affected mobile money agents in the dailies for the public to know.
This is part of efforts by the telecommunication giant to sanitize the the mobile money space as the number of people using mobile money to transanct business is on the increase, compared to that of banking transactions.
Regular investigation will also be carried out and persons found culpable will be dealt with according to the law.
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