Vodafone
Ghana Mobile Financial Services Limited (Vodafone Cash) and MobileMoney Limited
(MML) have enabled interoperability services that allow Vodafone Cash and MTN
Mobile Money customers pay at each other’s merchant point of sale. This is a major milestone in creating an
enabling environment in furtherance of the financial inclusion agenda of both
entities and the Government of Ghana.
The
service went live on March 1, 2023, and is available to all Vodafone Cash and MTN
Mobile Money customers. Customers of
both networks can now make direct payments for goods and services at any MTN Mobile
Money or Vodafone Cash enabled merchant point across the country.
Commenting
on this development, Shaibu Haruna, the Acting Chief Executive Officer of MML
indicated that “this important first step is in line with the MTN Group
Ambition of developing the largest financial services platform in Africa. We are deeply committed to building an
all-inclusive payment ecosystem that provides a platform for all players to
flourish. We look forward to partnering with other players in the market to
leverage off our distribution network to offer their services to customers”.
Vodafone Cash’s
Acting Mobile Financial Services Manager, Judith Adumua-Bossman, stated that “At
Vodafone Cash, we believe that partnerships are key to expanding access to
financial services for everyone. We are dedicated to creating innovative
solutions that will help our customers better manage their financial goals. This
is a truly historic moment for us, and this new feature underscores our
commitment towards growing accessibility, convenience and value for our
customers.
