Mobile MoneyTechnology Reviews

G-Money Overview Of Services And Charges

Here are Overview Of Services And Charges. Digital money has worldwide been accepted by most businesses and ventures. And these businesses or ventures have come to realize the benefit of this new money and accepted its dealings in good fate.

Mobile money is the common form of Digital currency in Ghana. This is available to almost everybody including traders, students, government workers and even private sector workers. In one way or the other, it becomes part of their contracts as Ghanaians.

Luckily, there are various Mobile Money Services Providers all Ghanaians can choose from. It just depends on which one of them you are a fan of and which one the recipient uses.

Factors of services, for example, charges on transactions and usage points mostly counts. This explains why certain Mobile Money Services Providers have more customers than others.

This article is mainly about the introduction of GCB’s Mobile Money service (G-Money) and its terms and conditions as well as its charges and the services they render.




G-Money Charges

G-Money is rated the leading as compared to other mobile money service charges in Ghana.

On the market, G-money has the top Interoperability, Peer to Peer and withdrawal charges as well, available presently.


Charges on Peer To Peer Services

Charges on sending money below GHS 1,000 to any mobile money account in Ghana is GHS 0.50p. Disregarding the amount, as far as it is below GHS 1,000.00, you are charged a flat fee of 50 pesewas.

 For sending money above GHS 1,000.00 you are charged only GHS 1.00 i.e in G-Money. Meanwhile other mobile money renderers charge at least GHS 1.00 on every GHS 100.00.


Interoperability Fees on G-Money

Interoperability is a new policy introduced by the government of Ghana. And it basically allows the transaction of mobile money services amongst all mobile money renderers in Ghana.

Certainly, there is a condition to it. These inter-network mobile money transact charges are mostly high. Some charges are as high as GHS 3 on every GHS 100.00 operation.

Talking of which G-Money has come to help settle this condition at better interoperability charges.

This G-money platform charges a rate of GHS 10.00 on all transactions from GHS 1,000.00 and above and 1% on all transactions below GHS 1,000.00 for all inter-network transactions.

As far as G-Money withdrawals are concerned, G-Money charges 1% on all transactions above 50 GHS and charges between 10 pesewas and 50 pesewas on transactions between 10 GHS and 50 GHS.


G-Money Services

Since this is the first mobile money service to be introduced by a Bank, G-Money renders a large range of services. And it also comes with a very flexible usage as well.

Some of the services offered by the G-money platform are listed below:

  • Airtime recharge.
  • Banking
  • Bill payments
  • Interoperability
  • Deposits
  • Withdrawals
  • Group contribution accounts
  • And many more.



One of the things that has to be part of our integral lives as humans is technology.

With time, technology has evolved and found a way to position itself in our homes, offices, business centres and public places each and every day.

One key change which technology has brought to the socio-economic sphere of the Ghanaian people is the way we handle money.

Today, the market woman doesn’t need to hold huge sums of money in bags from one place to the other. Thanks to technology, mobile money platforms are available to deal with this.

In this article, I focused on the newest mobile money platform in Ghana – G-money, its services, the charges and how it differs from the other mobile money platforms in Ghana.

I captured how G-money offers a flat rate on Transfers above 1,000GHS, how it offers a lower mobile money interoperability charges as well as the charges associated with withdrawing money from your G-money wallet.

I hope this article was helpful to you and it gives you reasons to register for a G-money account.

You can read more on how to register for a G-money account.

For more information, enquiries and comments on this article, kindly leave them in the comment box below or get in touch with us.

Please do well to share with your friends and family.

One Comment

  1. I made a money transfer of 0.97 Ghc on my G money account on the number 0548617647 to a G money user on the number on the number 0207017462 and I was charged 50 peswas. Why ?

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button