GH¢571.8 billion worth of MoMo transactions recorded in 2020
Image source: GhanaWeb

GH¢571.8 billion worth of MoMo transactions recorded in 2020


Summary short_text

Such a coordinated approach will help various players in the ecosystem - policymakers, regulators, financial services providers, financial technology providers and so-called BigTechs and consumers - to work together to harness the benefits of technology for the financial system while keeping risks to financial stability and financial integrity in check.

The establishment in April 2020 of the Bank of Ghana's FinTech and Innovation Office provides the needed regulatory and supervisory focus on FinTech operations and helps to promote the orderly development of the ever-expanding digital financial services landscape;.


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