Vodafone extends zero charge on mobile money transfers to boost digital money uptake in the wake of COVID-19 pandemic

Vodafone extends zero charge on mobile money transfers

Vodafone extends zero charge on mobile money transfers to boost digital money uptake in the wake of COVID-19 pandemic

GHANAVodafone Ghana has announced that its customers will continue to incur zero charges when they send any amount between GH¢1 and GH¢100, to friends and family on other mobile money networks for the foreseeable future.

Vodafone in a statement said that the move to continue to waive interoperability charges for transactions up to GH¢100 is one of the many interventions it has taken to support Ghanaians and to help in the fight against the COVID-19 pandemic.

Vodafone which has also kept Vodafone Cash to Vodafone Cash transactions free, has called on Ghanaians to take advantage of this rare opportunity to enjoy great relief during this challenging period.

Commenting on the initiative, Pushpinder Gujral, Consumer Business Unit (CBU) Director at Vodafone Ghana said “At Vodafone, it is our utmost desire to continue to make life better for Ghanaians through the introduction of unique products and services such as this.”

“Even though the Bank of Ghana’s directive to waive the charges has ended, we decided to continue to waive the interoperability charges for our customers to enable them do more cashless transactions,” explained Gujral.

This, according to Gyjral, would go a long way to complement the efforts of government and other stakeholders in the attempt to curb the spread of the virus.

According to Vodafone, the daily revised transaction and wallet limits will not change. Customers can continue to do more transactions based on the tier they registered for.

The daily transaction limits are GH¢1000, GH¢5000 and GH¢10, 000 for tiers one, two and three respectively.

The maximum amount of money customers can keep in their wallets are GH¢2000, GH¢15000, GH¢30,000 for the respective tiers.

The telco also maintained the monthly aggregated limit of GH¢6, 000 for tier one while subscribers on the other tiers will continue enjoying unlimited monthly aggregates.

Vodafone Cash has over the years proven that its mobile money platform is robust and not susceptible to fraud.

The telco has put in place security measures and restrictive processes, which make it impossible for successful exploitation either from actors within or without.

The mobile financial service has earned a name for itself for providing leadership by way of innovative financial products, notable among them is the industry’s first and only Free P2P service, which was introduced before the COVID-19 outbreak.

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