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It’s illegal for Momo agents to transfer money to customers-Patrick Frimpong

Patrick Frimpong Danso who is a member of the E-Levy Technical Committee has noted that it is wrong for customers to give out their monies to Mobile Money(MOMO) agents for them to send money to another person on their behalf.

He explained that it is illegal for MOMO agents to carry out such operations adding that the laws of Ghana do not allow that.

He made this claim in an interview on UTV MPu Ne Mpu.

Patrick Frimpong also disclosed that agents are only supposed to do cash in as well as allow cashouts for customers.

He called on the telecommunications network operators to educate the members on the law and encourage the transfer of money done by customers.

“The laws of Ghana do not allow that individuals go to an agent for money transfer.It is illegal for agents to do this.The agents are very much aware that taking funds from a customer to transfer to transfer to the recipient is illegal. These are the two things customers have to do when they go to an agent;cash in and cash out” He disclosed.

“They’ve told the telcos to educate their members on issues like this and they even told us that the agent risks blocking when caught by the telcos” He added.

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