Telecommunications giant MTN, has introduced an ATM for mobile money operations in Ghana.

This it says, is to help customers carry out their own transactions at even and odd hours, without complications.

With the introduction of the new model, customers will not have to visit designated vending points for mobile money transactions.

Customers will not also face challenges of vendors not having insufficient funds during transactions.

Although it is unclear as to how it is likely to affect merchants, it is believed that, the self-service kiosk comes on the back of the upsurge in mobile money services in the country.

However, aside mobile money services, the self-service kiosk will allow customers to withdraw money from an Ecobank or Stanbic account without an ATM card.

The system also allows customers to withdraw a token by accessing the account via his or her mobile money pin.

In addition, MTN customers could buy or change MTN SIM cards, with the help of the machines.

Report by: Stephanie Horsu