Tuesday, June 24, 2025
Rainbow Radio
  • Home
  • General News
  • Governance
  • Sports
  • Politics
  • Health
  • Entertainment
  • Economy
  • Home
  • General News
  • Governance
  • Sports
  • Politics
  • Health
  • Entertainment
  • Economy
No Result
View All Result
Rainbow Radio Online
Home Business

We’ve decided to cap cash withdrawals at GH¢1,000 per transaction – Momo Agents

November 30, 2023
Screenshot_20231130-092540

Mobile Money (MoMo) agents nationwide have served notice of their intention to implement a temporary measure limiting cash withdrawals to a maximum of GH¢1,000 per transaction, effective December 1, 2023.

According to the agents, the move is to secure fair compensation for their services,

RelatedPosts

Swiss Oil Trader drags two Ghanaian petroleum companies to EOCO over alleged $94 million fraud

Our total debt stock reached $517 million as of December 2024 – TOR

GETFund, Sky Brokers sign MoU to fast-track education projects

A joint statement issued by the 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 said this is temporary measure.

They explained that it is intended to draw attention to their longstanding concerns regarding inadequate compensation for their services.

“During this period, we will continue to actively engage with service providers to address the commission review concerns raised,” the Associations stated. “If, within the one-month period, there is no favourable adjustment, we will regrettably have to implement further action plans.”

They have therefore asked customers to support their efforts towards achieving fair compensation for MoMo agents.

“We urge you to join us in mobilizing support for fair compensation to Mobile Money Agents,” the Associations appealed.

Read the full statement below

By: Rainbowradioonline.com/Ghana

ShareTweetShareShare

Related Posts

EOCO-620x406

Swiss Oil Trader drags two Ghanaian petroleum companies to EOCO over alleged $94 million fraud

June 23, 2025
Screenshot-2025-06-22-123514-750x375

Our total debt stock reached $517 million as of December 2024 – TOR

June 23, 2025
MoU

GETFund, Sky Brokers sign MoU to fast-track education projects

June 18, 2025
BoG-696x456

Wilful loan defaulters will face a 5-year ban – BoG announces

June 17, 2025
GRA

Implementation of GHC 1 fuel levy postponed until further notice

June 14, 2025
Ghana-China

China has given Ghana a 0% tariff all exports – Ablakwa reveals

June 12, 2025

Recent News

Screenshot_20250623-181804

Iran fires missiles toward US military base in Qatar

June 23, 2025
Police GH

We’re not conducting any recruitment exercise; ignore the false information – GPS

June 23, 2025
Nadmo

W/R: NADMO boss calls for a forensic audit after a warehouse containing relief items is looted

June 23, 2025
NPP PROTOCOL

Engage in issue based campaigns and not insults – Kwabena Frimpong to NPP flagbearer hopefuls

June 23, 2025
  • Trending
  • Comments
  • Latest
Muntaka-750x375

Monday, March 31, and Tuesday, April 1, 2025, declared as public holidays

March 23, 2025

Something drastic must be done about prices of property in Ghana-Lawyer

June 14, 2021

Rainbow Radio expands its platform presence on 92.4Fm in UK

September 5, 2022
Screenshot_20230811-133044

17-year-old boy caught having sex with a pregnant dog

August 11, 2023

Hello world!

Screenshot_20250623-181804

Iran fires missiles toward US military base in Qatar

travel4

Washington prepares for Donald Trump’s big moment

travel1

CS:GO ELeague Major pools and tournament schedule announced

Screenshot_20250623-181804

Iran fires missiles toward US military base in Qatar

June 23, 2025
Police GH

We’re not conducting any recruitment exercise; ignore the false information – GPS

June 23, 2025
Nadmo

W/R: NADMO boss calls for a forensic audit after a warehouse containing relief items is looted

June 23, 2025
NPP PROTOCOL

Engage in issue based campaigns and not insults – Kwabena Frimpong to NPP flagbearer hopefuls

June 23, 2025

Stay Connected test

  • 139 Followers
  • 20.2k Followers
  • 205k Subscribers
  • 23.9k Followers
  • 99 Subscribers
Rainbow Radio Online

© 2022 Rainbow Radio International

Navigate Site

  • General News
  • World
  • Sports
  • Business
  • Entertainment
  • Politics
  • Health
  • Opinion
  • Economy
  • Odd News
  • Culture
  • Lifestyle
  • Lifestyle
  • Governance
  • Technology

Follow Us

No Result
View All Result

© 2022 Rainbow Radio International

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version