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Reasons why Mobile Money business is currently the riskiest business venture in Ghana & what you should do to ensure security

Reasons why Mobile Money business is currently the riskiest business venture in Ghana & what you should do to ensure security
Reasons why Mobile Money business is currently the riskiest business

Last Updated on June 18, 2021 by MyGh.Online

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The spokesperson for the Mobile Money Agents Association of Ghana, Charles Kwasi Addo, has bemoaned the incessant robbery attacks on mobile money agents, saying the business is currently one of the riskiest to run in the country.

Mobile money operators have on several occasions been victims of robbery attacks, with some being killed, while others are injured.

This is why you should be extremely careful if you are running a Mobile Money business especially when a crime is on the high…robbers will certainly target people they know have money in their possession

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Recently, there were separate robbery attacks on two mobile money vendors in the Sekondi Takoradi Metropolis in the Western Region.

Speaking on Point of View on Citi TVon Wednesday, Mr Addo said security had become a major challenge that many mobile money operators are battling with.

“Mobile money is one of the businesses that is the riskiest. Security has become one of the major challenges that we are struggling with. There is direct burglary and that is the order of the day now,” he said.

What must you do if you have a Mobile Money business to ensure safety and security:

  1. Move from a wooden structure to a metallic structure, preferably a shop built with concrete.
  2. Keep your money under lock and key
  3. If you can, keep cash in your wallet
  4. Hire more than an open person to run the business
  5. If you can, hire a security personnel
  6. Do not count your money in the open
  7. Close as early as 7 pm to avoid intruders coming into your shop.
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