Mobile Money helping SMEs to reduce cash-related risks – MMFL |
Mobile Money Fintech Limited (MMFL), a digital financial services subsidiary of MTN Ghana, has highlighted the growing role of mobile money and digital payment solutions in helping Small and Medium-sized Enterprises (SMEs) to reduce cash-related risks.The company said many SMEs continued to face challenges associated with cash transactions, including theft, loss of funds, poor record-keeping and limited visibility over daily business activities. Mr Abdul Razak Issaka-Ali, the Chief Commercial Operations Officer of MMFL, said digital financial services were providing a safer and more efficient alternative for businesses by reducing the need to handle large volumes of cash. Speaking ahead of the 2026 World SME Day during the Citi Business Festival on-air series, he said the increasing adoption of mobile money merchant payment solutions was helping business owners to strengthen financial controls and enhance accountability. “At the heart of this evolution is MMFL’s commitment to tran Read more on Ghana Business News |
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| Publication Date: Mon 6th July, 2026 |