Business News of Monday, 14 February 2011
MTN Ghana and Belgium carrier BICS will launch International Remittances services with MTN Ghana, utilizing HomeSend, a mobile centric remittance hub operated by BICS and powered by its technology partner eServGlobal. The service will enable Ghanaians living in the UK and Belgium to send funds directly to their relatives’ mobile money accounts. MTN had 760,000 mobile money registered accounts in 2Q10. Competitor Tigo launched a similar offering in December 2010.