MTN Ghana target 20 million mobile money subscribers

According to Ghanaian Times, MTN Ghana is set to attract 20 million subscribers on its Mobile Money service by 2022.

The General Manager of MTN Mobile Financial Services Limited, Eli Hini who disclosed this in an interview with the media after the launch of the 10th anniversary celebration of MTN Mobile Money (Momo), said “we are looking forward to a future where Momo will be an acceptable mode of receipt and payment of all government transactions and every form of financial transaction.”

Mr Hini said the MTN Mobile Money service had helped to promote financial inclusion and helped those without access to financial services to access financial service.

“From less than 100,000 after six months of launch, our registered subscriber numbers have reached the 14 million milestones over the 10-year period. We started with nine partner banks and now working closely with 18 partner banks,” he said.