MTN encourages Ghanaians to use MoMo for saving, investing and financial planning

MTN Ghana is urging its customers to explore the full potential of the MoMo App beyond basic mobile money transactions. The telecom giant aims to deepen digital financial inclusion and empower users to save, invest, secure credit, and plan their financial future through technology. During the MoMoFest event, MTN's Manager for Brands and Communication, Isaac Agyenim Boateng, announced that the company is transforming MoMo from a simple transaction platform to a comprehensive financial-wellness tool.

While many customers still rely on the *170# short code for basic transactions, the MoMo App offers a plethora of financial services, including savings, investments, loans, and pension products. These services enable customers to better manage and grow their finances using their mobile devices. To promote the MoMo App and educate users on its various features, MTN has been actively engaging with customers in the Volta Region, including Ho and neighboring communities.

Over the past two weeks, MTN's teams have been visiting homes, offices, and communities to assist customers in downloading the MoMo App and understanding how to utilize its diverse services. Mr. Boateng emphasized that the campaign aims not only to increase the number of app downloads but also to change customers' perception of digital financial services.

The ultimate goal is to help customers move away from merely sending and receiving money and instead leverage their digital wallets to achieve greater financial stability.