Vodafone Ghana to start mobile money transfer soon

Vodafone Ghana has hinted that it will soon introduce mobile money services in the country. The service allows subscribers to do money transfer through their mobile phones.

MTN and Airtel are the only two out of the five telecoms companies operating in the country that offer the service.

According to the Chief Executive Officer (CEO) of the company, Mr Kyle Whitehill, they want to want add more value to their products.

Mr Whitehill told Citi FM’s Breakfast Show host Bernard Avle last week, that even though they have not seen the huge demand from Ghanaians for the service yet, however the company is planning to launch the service. “Oh yes we have plans for that because money transfer mobile payment will really be big when people trust the mobile operator and know that they can move their money safely and securely.”

Meanwhile, a source at Vodafone Ghana has disclosed to ghanabusinessnews.com that the company wanted to introduce the mobile money transfer service under the former service provider Ghana Telecoms, when the mobile service was known as Onetouch.

Mr. Whitehill however revealed on the show that the SIM card penetration on the Ghanaian market place is around 75% and that the real customer penetration is around 50%.

He said he knows people who are using more than three different SIM cards for different reasons and still thinks there are other customer penetration market that are untapped.

 

By Ekow Quandzie

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