Mobile money has yet again proved to be a sweeping sensation in another of Africa’s great economies - Ghana too, is among a plethora of nations that have embraced the wave of change that mobile money has sparked. Faster money movement, easier money management, convenient usage irrespective of time or place not forgetting relatively low charges.

Mobile money has yet again proved to be a sweeping sensation in another of Africa’s great economies - Ghana too, is among a plethora of nations that have embraced the wave of change that mobile money has sparked. Faster money movement, easier money management, convenient usage irrespective of time or place not forgetting relatively low charges.

The major mobile money operators in Ghana ; MTN, Airtel and Tigo have engaged in a whooping 260 million mobile transactions since October last year, far more than the transactions of banks in the same country. Translating to monetary terms depicts a reach of 9.3 billion dollars since 2016. Further emphasizing the impact that mobile money movement has stamped on Ghana’s economy in recent years. 

A closely related phenomenon is money remittance, that has been part of Ghana for quite a long time, Ghanaians living far and abroad in need of an avenue to send money back home safely after the mailing system had been gravely breached with lots of money lost not to mention the time lag involved ; this led to the birth of money remittance companies.

With the significant difference in money movement systems in Europe, Asia and the United Arab Emirates as compared to that of Ghana’s mobile money ; these companies would find a slight glitch in their money movement plan.

Remittance companies can now smoothen and quicken money delivery to people in Ghana through DUSUPAY which provides a platform that links the payment systems in the above mentioned areas with the mobile money alternatives in Ghana.

People and businesses situated abroad can easily send money to Ghana using remittance companies that liaise with DUSUPAY enabling the recipient to receive the money conveniently and quickly on their mobile wallets.

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