BD INVESTIGATIVE SERIES: Mobile money is no rocket science, Ghana shows Nigeria

…Transactions hit 68% of GDP, 97.50% of total volume of non-cash retail payments …Mobile money accounts outstrip bank accounts, but banks get a piece of the pie

Mobile money

The utilisation of mobile money in Ghana has become so ubiquitous the average Nigerian who visits would marvel at its pervasiveness in everyday life. To the Ghanaian, however, it no longer has a wow effect as it is just a part of daily life. From purchasing treasury bills, Initial Public Offerings (IPOs), health insurance, to…

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