Transaction limit

MoMo Transaction Limits Increased To Enhance Customer Experience

MoMo Transaction Limits Increased To Enhance Customer Experience

MTN MoMo has implemented the Bank of Ghana (BoG) approved an increase in daily and monthly transaction limits as well as maximum wallet balances. The wallet transaction limit increase will facilitate efficient payments, encourage a greater seamless transition into a cash-lite society and promote more digital payments. Customers with Daily Transaction Limits of ¢1,000, ¢5,000 and ¢10,000 have had their limits increased to ¢2,000, ¢10,000 and ¢15,000 respectively. Additionally, account balance limits of ¢2,000, ¢15,000 and ¢30,000 have been increased to ¢3,000, ¢30,000 and ¢50,000 respectively. Further to these increases, monthly transaction limits for customers with Medium and Enhanced KYC…
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