Mankessim (C/R) Aug. 04, GNA -The Mobile Telecommunication Network, (MTN) has re-launched its Mobile Money awareness month after two years of break due to the coronavirus pandemic.
ThoughâŻtheâŻpandemicâŻrestricted public gatherings and movement,âŻit also acceleratedâŻthe driveâŻfor financialâŻinclusion through electronic transactions andâŻoffered the opportunityâŻto undertakeâŻtrade activities beyond the boundariesâŻofâŻitsâŻtraditional commercial space.
Mr. Prince Owusu Nyarkoh, the Regional Senior Manager for Western and Central, during the launch of the MoMo month, at Mankessim in the Mfantseman Municipality of the Central Region, said MTN ââŻMoMoâ had established itself as a criticalâŻelementâŻinâŻfacilitating trade and other forms of financial transactions adding that âthe pandemic even made MoMo more relevant.â
The theme for this yearâs MoMoâŻMonth is: âAccelerating Growth in Digital Payments, the Role of Partnership.â
Mr Nyarkoh said digitization and innovation in the technology space had already gained roots, and digital payments was no exception and have come to stay.
According to the Senior Manager, MTN MoMo was fostering and accelerating growth in digital payments regime that required theâŻshared responsibility of all stakeholders subscribers, regulators, financial partners, and the media.
The Company, needed to leverage the power of collaboration to foster gains, build economies of scale in the sector and promote sustainable economic growth, he indicated.
Mr Nyarkoh said, the MTN âMoMoâ had impacted the lives of millions of Ghanaians both home and abroad aside creating jobs, describing the feat as âhumblingâ in theâŻsector.
He further observed that, âthe impact and success stories are immeasurable such as offering mobile financial services to the banked and unbanked, and creating job opportunities for millions of Ghanaians.â
He in this regard, appreciated various players in the industry who facilitated the launch of âoneâŻof the most revolutionary financial productâ to the GhanaianâŻfinancial market.âŻ
âWe say Ayekoo to our Regulators, Partner Banks, Agents, and Merchants dotted across the length and breadth of Ghanaâ he added.
Mr Nyarkoh underscored the successesâŻchalkedâŻbyâŻâMoMoâ, saying it could partlyâŻbe attributed to the mass awareness campaignsâŻundertakenâŻthrough the
month-long campaigns dubbed âMoMoâŻMonthââŻcelebration.
He pledged MTNâs continuous commitment toâŻstrengthening partnershipâŻwith theâŻBanks, InsuranceâŻcompaniesâŻand otherâŻFinancial InstitutionsâŻtoâŻdeepen digital payments.âŻ
Again, the Regional Manager lauded the Companyâs promotion of MoMo BusinessâŻPlatform,âŻtheâŻMoMo open API, the Merchant AppâŻandâŻConsumer AppsâŻwhich ensured sustainable partnerships to spur growth.
âThe MTN as a mother company would drive the agenda to create opportunities for othersâŻto leverage MoMo usage through its platforms.
âWe want customers to become aware that with MoMo they can make multiple payments to institutions at their convenienceâ.
The company according to Mr Nyarkoh, MTN had beefed up security against fraudulent activities and encouraged users to avoid sharing passwords.
SinceâŻ2012, MoMo Month had been held annuallyâŻto create awareness about the digital payment platform, drive financial inclusionâŻandâŻrewardedâŻcustomers, Agents, andâŻMerchants.
GNA