The GH¢ 25 Million comprises of GH¢ 13.6 million paid in May for quarter one and GH¢ 11.5 million paid in August for quarter two this year. MTN made the payment in collaboration with the 16 partner banks of MTN Mobile Money.

The second half 2017 payment brings the total to over GH? 70 million in interest payments made by MTN to subscribers since January 2016.

Commenting on the interest payment for the first half of the year, the General Manager for MTN Mobile Financial Services, Eli Hini said, “MTN is committed to adhering to the rules and regulations that govern its Mobile Money operations and will ensure its customers reap the benefits of using the Mobile Money Service.”

“Since approval was received for interest payment from the Bank of Ghana, MTN has been regular in paying interest to its customers. Subscribers are encouraged to load and keep money in their wallet or alternatively, customers can save their money through Y’ello Save to earn more interest or buy treasury bills using the TBill4All service,” he added.

MTN Mobile Money has over 7.5 million active users with over 75,000 merchant points across the country.