Tigo Cash records phenomenal growth for 2015

Award-winning mobile money solution, Tigo Cash, recorded a remarkable increase in the volume of transactions last year, thanks to continuous investment in product enhancement and empowerment of agents to educate customers.

With more than 12,000 agents nationwide, Tigo Cash recorded over 35 million transactions in 2015, a quintuple-digit growth over its 2014 figure of 7,962,078.

“Lower barriers of entry coupled with our strong drive for mobile wallet adoption and improved value chain were major contributors to the high number of transactions we chalked last year,” said the General Manager of Tigo Cash, Kwame Oppong.

“We are happy to be at the forefront of financial inclusion in Ghana, and we will continue to offer innovative payment solutions for customers and businesses,” he said.

Mr Oppong explained that the company’s aim was to further drive its cashless agenda by helping customers see and experience the clear tangible benefits of digital payments.

“We believe in an economy where citizens can transact all types of business transactions online or via phone,” he said.

Every month, Tigo Cash records over three million transactions and has successfully brought banking to the unbanked.

Since it was launched in 2011, Tigo Cash has grown outstandingly catering for millions of Ghanaians and has been ranked as the most preferred mobile money wallet by traders, famers and several others in the informal sector.

Today, the most popular money wallet in the country not only provides customers with the opportunity to use their mobile phones to send and receive money, but enables purchase of airtime, even for other mobile networks operators, and payment of goods and services such as DSTV bills.