MTN MoMo customers to use valid IDs to withdraw cash from April 2

All MoMo customers will be required to present valid ID cards before any MoMo cashout (withdrawal) transaction can be processed effective, 2nd April 2021, MTN Ghana has said.
The new directive is to safeguard funds and be sure customers are the owner of the wallet at the agent point doing the withdrawal or cash out.
It is also in fulfilment of the regulatory requirement.
Customers are supposed to submit a physical copy of a valid Ghana Card, Driver’s License, Passport, voter's ID, SSNIT ID or NHIS card.
A statement issued by MTN containing the document noted that the telecommunication network does not encourage Proxy, “therefore you cannot give your ID card and phone to someone to cash out on your behalf”.
Source: Classfmonline.com
Trending Business
Gov't's total borrowing from T-Bill market to hit GH₵72bn by 7th March – Gideon Boako reveals
09:30We'll deal with financial challenges in the energy sector – John Jinapor assures Ghanaians
08:52Western Regional Minister calls for strategic port positioning to boost job creation
05:29NCSSMAG endorses gov’t GOLDBOD to ensure fair pricing for small-scale miners
03:5224-Hour Economy policy to be presented to Parliament – Finance Minister
14:55DDEP structured to make 2027 and 2028 debt repayments years – Ato Forson
14:40GH¢10.5bn required to address financial sector legacy issues – Finance Minister
14:36US$279m allocated to Goldbod for gold purchases
14:33Gov't bids farewell to Betting Tax, E-Levy and Emissions Levy
13:44Debt-to-GDP ratio reduced drastically in 2024 – Finance Minister
13:22