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MoMo Withdrawals To Be Limited To GH¢1k Per Transaction From Dec. 1 – Agents

MoMo Withdrawals To Be Limited To GH¢1k Per Transaction From Dec. 1 – Agents

Starting on Friday, December 1, Mobile Money (MoMo) agents across Ghana will enforce a temporary measure restricting cash withdrawals to a maximum of GH¢1,000 per transaction. This decision is outlined in a joint statement issued by four MoMo Associations: the Northern MoMo Agents Association of Ghana (NOMAAG), the Mobile Money Advocacy Group (MOMAG), the Mobile Money Agents Association Ghana (MMAAG), and the ABAG. The associations clarified that this temporary measure is implemented to secure fair compensation for the services provided by MoMo agents. They emphasised that this step is not intended to inconvenience customers but rather to bring attention to…
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