MTN, Ghana’s leading mobile communications company, has made a total payment of GHS 13.4million in interest to over 6.2 million Mobile Money customers.
The payment was made in two tranches with the first payment commencing on 11 September, 2016 for interest earned during the first-quarter of 2016, while payment for the second-quarter started 18 September 2016.
The breakdown for the total GHS 13.4million comprised GHS 5.88 million for the first tranche and GHS 7.16million for the second tranche.
MTN said the interest distribution for quarters three and four will be communicated in due course. The payment plan is in line with the directive by the Bank of Ghana.
Commenting on the payment, the General Manager of MTN Mobile Financial Services, Mr. Eli Hini, said: “We are delighted to have started this exercise in partnership with the banks. It is indeed adding more value to the service.”
Source: ClassFMonline.
