￼There are high influx rate of investment in the country Ghana as a result of peace and tranquility and flexible terms and conditions as well as the string attached to the establishment of a business company both local and foreign. Top companies like St Andrews Group of Schools and Companies, Hisense, Multimedia Group, MTN and Kempinski hotel had brought joy and comfort in the lives of Ghanaians most importantly, MTN and St Andrews Group of Schools and Companies and Multimedia Group. The kind of contribution
In an effort to curb the rampant fraud scandals in connection with mobile money transactions. The telecommunications giant in Ghana, MTN, on April 2 came up with a new regulatory requirement of agents requesting for customers valid identify card before transaction business. Over 7,000 agents failed to comply to the new directive hence the blockage of their account. According to the Chief Executive Officer of MTN Mobile Money Limited Mr. Eli Hini, the blocked agents represent three percent (3%) of their agents
After the introduction of the "No ID No Cashout' policy, MTN Ghana has added another feature to it in other to make the system more comprehensive and secure.Meanwhile it was reported earlier on Tuesday that over 500 MoMo merchants had flooded the headquarters of the Telecommunication Company for alleged block of Sims.
MTN MobileMoney Limited has added another element to its 'No ID No Cashout' strategy.This time, the name of the wallet proprietor will spring up on the specialist's screen during a cashout exchange and in the event that it doesn't coordinate with the name on the ID, the exchange will be ended.
MTN mobile money has really made a huge impact on the lives of every human being on the surface of this planet.Gone are the days where people flooded up at banks for transactions and also the headaches of carrying huge sums of money vanished as soon as MTN mobile money surfaced up.
Curbing frauds associated with MTN mobile money services, the company introduced a new future called no ID, no cash out.This feature became enforceable on the 2nd day of April.This feature was introduced to fight high rate of impersonation and fraudsters.Since this feature became effective, many agents have decided to follow it not which has trigger them into trouble.
In this article, I will show you how to withdraw money from your mobile mobile money account without your ID cards.MTN on the verge to make transactions secure on MTN MoMo introduced a policy, where you will have to present an ID card whenever cashout transaction is being make on MTN mobile money.
A total of 250,000 agents made transactions since the new system was implemented on April 2, 2021.MTN had blocked over 7,000 agents from transacting business on Mobile Money (MoMo) since the implementation.This was because they allegedly failed to comply with the new arrangement to request valid identity (ID) cards of customers.
Just hit the follow button to follow Keelshub for more authentic gist.The rising incidents of frauds by MTN momo users has compelled the Telecommunication giant to take strict measures such as presenting a valid ID card before withdrawal.The firm also thinks this method will help curb or lower the risk of Customers being duped .
MTN sanctions over 7000 MoMo merchants by suspending their accounts for violating "No ID Cards, No Cash Out" Policy.MTN introduced a policy for all MTN MoMo merchants to request valid ID card whenever cashout transaction is been made or denied access to the funds if a valid ID card is not presented.
Mr. Eli Hini, the Chief Executive Officer (CEO) of Mobile Money Limited, MTN says proxy withdrawal will not be allowed in MoMo transaction.He noted that no person shall be allowed to use an ID of another account holder to make withdrawal on his/her behalf.
There are some people in the society who have decided not to work but would use dubious means to get money they did not work for.I have personally been a victim of mobile money fraud.This was how it all happened.I deposited the sum of Ghc 1200 into my wallet.
Ghana most popular Tele - Communication Network MTN has added another feature to its "No ID No Cashout" policy for MTN Mobile Money.This new policy initiated by the MTN Mobile Money Limited this time around, will project the name of the owner of the wallet on the agent's screen during a cashout transaction.
MTN Ghana, one of the most outstanding and we'll used telecommunication agencies in Ghana, has recently blocked over one third third of their mobile money agents over the failure to comply with the new system of transaction, thus, each and every customer must be verified before he or she can either withdraw or send money over the network.
Hello friends and lovely ones, please don't forget to follow, like and comment to get more information about Ghana.Also share to you friends and families for them to get more interesting trending news in Ghana.MTN MoMo adds another features to their MoMo system to put stop to the frauding.
The Mobile Telephone Network (MTN) one of the most popular and dominant network providers in the country has blocked over 7000 of their mobile money agents over non compliance to the new directives given to them.The management of the MTN Ghana said that the new directives are introduced because they want to ensure full security and integrity of service to their customers.
Kindly follow me for more educative posts and updates As part of measures to provide a smooth and better experience with MTN mobile money and to enjoy quick momo withdrawals, MTN Ghana has now made Cash Out available on myMTN App.With the new "Allow Cashout" feature available on myMTN App, you can authorize your momo payments with a single click.
After the presentation of the "No ID No Cashout' strategy, MTN Ghana has added another element to it in other to make the framework more thorough and secure.In the interim it was accounted for before on Tuesday that more than 500 MoMo shippers had overwhelmed the central command of the Telecommunication Company for supposed square of Sims.
The number hindered addresses around three percent of specialists the nation over who have been executing business since last Friday when the new plan to guarantee security on MTN MoMo went live.A sum of 250,000 specialists made exchanges since the new framework was carried out.The Chief Executive Officer (CEO) of MTN Mobile Money Limited, Mr Eli Hini, revealed this last Tuesday during the second MTN Media Update on MoMo ID execution.
As part of their effort to minimize the rate of fraud, the MTN recently made it their policy for individuals to have their Voter's ID before they could cash out their money.Information reaching us now indicates that the MTN has gone a step further in their attempt to fight the perturbing issue of MTN Momo fraud.