The Bank of Ghana has said it is considering suggestions made by operators of mobile money companies for the upward adjustment in the maximum transaction an individual can undertake in a day.
The Electronic Money Issuer (EMI) guidelines issued by the BoG categorises customers e-money accounts into three groups which defined their maximum daily and monthly transaction limits.
Currently, depending on which of the three categories a customer is placed in by the service provider, the daily transaction limit ranges from GH¢300 to GH¢5,000, with the monthly maximum transaction also ranging from GH¢3,000 to GH¢50,000.
Citibusiness news