Mobile Money

MTN Cameroon Suspends Mobile Money Charges To Curb Coronavirus Spread

MTN Cameroon has decided to suspended charges on selected mobile money transactions within its network for one month, beginning on the 20th of March 2020.
The management of Cameroon’s largest telco said that the move is part of its response to the global coronavirus health crisis.

Cameroon’s Minister of Public Health announced on the 20th of March that the number of positive coronavirus cases that were registered in the country at the time had increased to 20, up from the 13 that was recorded two days earlier.

According to MTN, the suspension of mobile money fees will only apply for transactions not exceeding US$32 and will be limited to less than three transactions per day for each account.

The company added that the conditions might be revised depending on the evolution of the health crisis.

MTN Cameroon said that by suspending the fees for money transfers between mobile money accounts, it is providing its support in the fight against this coronavirus, by decreasing the use of cash and promoting distance payments.

Hendrik Kasteel, the CEO of MTN Cameroon, said that the mobile giant is doing everything in its power to ensure that MTN customers remain in touch with their loved ones. He added that he encouraged companies and Cameroonians to take full advantage of this mobile money solution to better handle the current COVID-19 situation.

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