Mobile Money Ghana
Mobile money is a digital payment platform that allows to transfer money between cellphone devices. The technology is installed in the SIM card of the device and can be used on regular and smartphone devices. Users can receive, withdraw, and send money without being connected to the formal banking system.
Mobile money is booming in the West African countries. Ghana has the third highest mobile payment usage rate in the world, after China and Kenya.
The development has been quite impressive. The World Bank has recognized Ghana as the fastest-growing mobile money market in Africa over the last five years.
Mobile Money options in Ghana include:
- MTN mobile money
- Airtel mobile money
- TigoPesa
- Vodafone mobile money
- GMoney
Payment flow
- Choose Mobile Money Ghana option and fill login information.
- Choose Mobile network and fill Mobile numbers.
- Receive successful payment notice.
- Receive Thank you note before closing transaction.
Mobile Money Ghana
| name | description |
|---|---|
| Countries |  GH |
| Type | Mobile Money |
| Processing currencies | USD, GHS |
| Supported currencies | Refer to currency codes |
| Payment confirmation time | Instant |
| Chargebacks | No |
| Refunds | No |
| Onboarding required | No |
| Recurring Payments | No |
| Mobile UI | Yes |
| Open new window | Yes |
| Max Transaction Limit | depending on the phone |
| Min Transaction Limit | 1 USD/cedi |
Available integrations:
- Merchant model.
Included with your Terminal3 Payments account.
- MOR model.