By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Skyy Power FMSkyy Power FMSkyy Power FM
  • Home
  • News
  • Business
  • Entertainment
  • Sports
  • Lifestyle
  • Live Radio
Search
© 2023 | Skyy Power FM
Aa
Skyy Power FMSkyy Power FM
Aa
Search
  • Home
  • News
  • Business
  • Entertainment
  • Sports
  • Lifestyle
  • Live Radio
Follow US
© 2023 | Skyy Power FM
Skyy Power FM > Business > MTN MoMo customers to present ID cards for cash-out transactions
BusinessNews

MTN MoMo customers to present ID cards for cash-out transactions

Last updated: 2021/03/17 at 1:49 PM
Alex Tagoe
Share
2 Min Read
SHARE

MTN MobileMoney (MoMo) Limited has announced that effective April 2,2021, all MoMo customers will be required to present valid ID cards for MoMo cash-out (withdrawal)transactions.

A statement issued in Accra and copied to the GNA by Mr Samuel Koranteng, the Corporate Services Executive of MTN, said per the directive, customers were expected to present any of the following ID cards – Ghana Card, Driving License, Passport, Voter’s ID, and NHIS.

It said all MoMo agents would be required to select the ID type and enter the ID card number presented by the customer before the transaction could be completed and that without a valid ID card, MoMo cash-out transactions could not be processed.

Mr Eli Hini, the General Manager of MobileMoney Limited, said, “The enforcement of this directive apart from being a regulatory requirement will also complement efforts being taken by MTN MoMo to curb MoMo fraud in the country.”

He said the MTN MobileMoney Limited remained committed to the fight against MoMo fraud and would continue to implement measures that would make the service safer.

Mr Hini said the request for an ID card for MoMo transactions was not a new requirement, adding that, it had been part of the service and was strictly enforced at MTN branch Offices or Service Centers nationwide, and is now being extended to the merchants.

To make MoMo usage safer, MTN customers are encouraged to continue to observe the three Golden Rules for mobile money usage

These include customers should at no point disclose their MoMo PIN codes to anyone, they should never allow other people to perform transactions on their behalf and they must not entertain any calls that seek to discuss their wallets or get them to respond to promotions they have not participated in.

“In addition, customers who make deposits on their wallets must always check to ensure the funds have been received before they leave the vendors shop,” the statement said.

TAGGED: MTN MobileMoney, transactions

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Alex Tagoe 17th March 2021 17th March 2021
Share This Article
Facebook Twitter Copy Link Print
By Alex Tagoe
Follow:
Alex Tagoe is communication specialist and a Human Rights Activist. Also a writer and an editor for Skyy Power FM. Contact: alextagoe10@gmail.com
Previous Article Anaji-Estate Methodist Circuit inaugurated
Next Article NDC Council of Elders meet Minority Leadership
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Illegal mining pit kills 7, injures 2 after caving in
News 26th September 2023
STMA launches digital platform to mobilise revenue
News 26th September 2023
Ghacem launches new product, Superplast Masonry Cement
Business 26th September 2023
Alan Kyeremanten leads new Movement For Change in Ghana
News 26th September 2023
Alan Kyeremanten resigns from NPP, goes independent
News 25th September 2023
Assorko community commissions new school block
News 24th September 2023
“Show Down!”: Queen Mother sends strong warning to politicians over Shama explosion
News 23rd September 2023
Assorko Chiefs lament Sep 9 quarry explosion happened on Assorko land, not Anto-Abosso
News 23rd September 2023
CAF signs landmark partnership deal with TECNO Mobile in Singapore
Sports 23rd September 2023
WR GJA institutes pension scheme
News 22nd September 2023
Skyy House
19/20 West Fijai - Takoradi
P.O Box MC 1231 - Takoradi
Digital Address - WS 194 - 6710
024 646 6484
055 000 3666/777
skyypowernews@gmail.com
  • Home
  • News
  • Business
  • Entertainment
  • Sports
  • Lifestyle
  • Live Radio
Follow US
© 2023 | Skyy Power FM
Welcome Back!

Sign in to your account

Lost your password?