MTN celebrates MoMo at 10

Mobile Telecommunication giant, MTN Ghana has launched the 10th anniversary since the inception of its mobile payments system technology – Mobile Money (MoMo) in 2009. This was during an event organized yesterday at Madina in Accra.

Speaking to the Goldstreet Business during the event, the General Manager of MoMo, Mr. Eli Hini noted that the journey has been a difficult one, but its success can be attributed to the various customers of the company who ensured the sustainability of the system.

“When we started, most people didn’t know what we were talking about and it would have been very easy to have left it die naturally, but because of the interest of our customers, we have been able to bring the service all the way to this point”, Mr. Hini said.

The anniversary also forms part of strategic measures to recognize its 14 million customers, including its stakeholders – partners, staff and regulator.

Since its official launch on 21st July, 2009 with about 83,000 customers, it currently has about 14 million subscribers on the MoMo platform, with 124,000 agent points and 5000 mobile agents.

As part of the anniversary, MTN is offering 10 cars to 10 lucky customers together with some attractive prizes such as TV sets and smartphones. At the launch of the celebration, about 27 MoMo customers were selected randomly and each was rewarded with Gh¢500.

The Chief Executive Officer (CEO) of MTN Ghana, Mr. Selorm Adadevoh, expressed his greatest optimism about the future of MoMo, adding that the future was positive with Mobile Money and pledging his unflinching support as he looks forward to be on that journey.