Mobile money interoperability is finally here. The Ghana Interbank Payment and Settlement Systems (GhIPSS) has at long last completed the system that ensures cross-network mobile money transactions.
It is a system that allows customers to transfer money between two mobile money accounts belonging to different mobile money operators or between a mobile money account and a bank account.
This simply means that:
Mobile money subscribers in Ghana can now easily transfer money from their current network operator to any other network operator (excluding Glo Ghana).
No need to download any app or visit any agent. Send/receive money directly
In Practice: if you use MTN Mobile Money, you can send money to and receive money from any other network, be it Vodafone Cash or AirtelTigo Money.
1. Dial MTN Mobile Money short code: *170#
2. Select Transfer Money
3. Choose Other Networks
4. Select the Network e.g. Vodafone
5. Enter the person's phone number, confirm number
6. Type the Amount
7. Enter Reference
8. And enter your PIN
That's it, mobile money transfer transaction is completed. Easy as cake.
Dial Vodafone Cash short code *110#, choose Send Money, select Other Networks, choose the network operator and follow prompts.
Dial AirtelTigo Money short code *110#, choose Send Money/Cash, select To Mobile Number, choose Other Networks and follow prompts.
To do this, you have to first transfer money from MTN to Vodafone and then use the money received in the Vodafone wallet to buy airtime.
If you never liked mobile money in the past, it's now more important to start using mobile money because of its interoperability.
Note: Various charges apply.
For MTN users: Should you see 'msisdn' prompt on your screen it's simply asking for a mobile phone number.