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MOBILE MONEY RECORDS GROWTH AS CHEQUES WITNESS DROP IN PATRONAGE – BANK OF GHANA REPORT

The total value of mobile money transactions for the first six months of this year reached 140.2 billion cedis, up from the 104.6 billion cedis recorded in the same period in 2018.

Data released by the Bank of Ghana shows that this represents a 34 percent rise in the value of transactions recorded for the period under review.

Meanwhile the patronage of cheques for the first half of this year witnessed a drop compared to the same period last year.

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