Mobile money agent shot dead at Adabraka

Mobile money agent shot dead at Adabraka

- A mobile money vendor has been killed by armed robbers

- The incident, which happened at Adabraka in Accra, has sent shockwaves to residents there

There has been tension at Abossey Okai in Accra after some unknown gunmen killed a mobile money vendor.

The 31-year-old mobile money vendor, Promise Atsu Dayi, was killed around 7:20 PM as some eyewitnesses claim he was ordered to surrender all his valuables to them.

So far, the police have cordoned off the area as investigations begin. Also, residents and family of the deceased man in a state of shock.

An eyewitness who spoke to Joy News says he is willing to assist the police with investigations.

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Mobile money agent shot dead at Adabraka

The scene of the incident has been cordoned off by the police as investigations begin (Photo: supplied)

Mobile money business in Ghana

According to the Bank of Ghana, mobile money transactions for the first quarter (January-March) of 2018 reached GHc52 billion. This represents more than 68% increment over the same period from 2017, which was GHc31 billion.

A report released by the central bank on Friday, May 4, presented a detailed account of statistics of payment systems recognized by the Bank of Ghana. This includes Gh-Link, E-Zwich, Ghana Interbank Settlement and the GhIPSS.

Mobile money transfer system began in 2012 in Ghana, first initiated by the country’s leading telecommunications company, MTN. Since then, AirtelTigo, as well as Vodafone, have joined in. In 2016, the companies started paying interest on savings on a 3-month basis.

The transfer system is designed to afford mobile phone users the avenue to transact monetary business over their mobile phones. The system gained support from members of the public because of the growing appeal of cashless transactions.

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The value of business done in the first quarter of 2018 is massive, especially considering that it is more than 66% of the total amount of business done in the whole of 2016. When compared to the amount of business done in the whole of 2017, it more than 33%.

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Source: Yen

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