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Business News of Wednesday, 30 June 2010

Source: GNA

MTN launches Mobile Money Transfer in Cape Coast

Cape Coast, June 30, GNA - MTN, a leading mobile telecommunication service provider, has launched its latest product, MTN Mobile Money, in Cape Coast, with a call on the public to patronize the service and also spread the news to others.

The service, which was introduced in the country, last July, provides any mobile phone user with the option of opening and operating an electric wallet or a full bank account from their phone. According to the Senior Manager of Mobile Money Implementation, Mr. Peter Bimpeh, subscribers of the service would enjoy a number of benefits, including sending money to colleagues and loved ones, paying utility bills without joining long queues and recharging their prepaid cards at their own convenience.

He noted that the rapid global change required MTN to offer the best services to its customers and also give them the opportunity to catch up with the latest trends in the financial world. Mr. Bimpeh emphasized that the service did not only make daily payments smoother and efficient but also ensured utmost security in all its transactions. The service, he said, covered customers in the ongoing mandatory subscriber registration authorized by the National Communications Authority (NCA).

The Mobile Money Commercial Senior Manager of MTN Ghana, Mr. Eli Hini, said MTN remained committed to meeting the diverse needs of emerging markets by providing the best in world class telecommunications service. He described the MTN Mobile Money service as convenient, safe, accessible, fast and secure. The MTN Mobile Money is supported by banks such as ECObank, Stanbic Bank, Zenith Bank, GT Bank, Cal Bank, among others. 30 June 10