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MTN Assures MoMo Users: “Your Funds Are Safe”

MTN Ghana has assured customers that their Mobile Money (MoMo) funds remain safe and secure, following reports of a cybersecurity breach, stating that the incident did not affect MoMo platforms

MTN Assures MoMo Users: Your Funds Are Safe
Solomon Boakye
May 5, 2025

MTN Ghana has issued a public assurance to its Mobile Money (MoMo) customers, affirming that their funds remain safe and secure. This statement comes in response to recent concerns about potential system compromises.

In a message shared across MTN Ghana’s official social media platforms, the company emphasized: “Y’ello Valued Customer, MoMo from MTN remains safe and secure. We prioritize your safety, disregard any claims about system compromise.” 

This reassurance follows reports of a cybersecurity breach affecting approximately 5,700 MTN customers. While MTN confirmed the incident, it clarified that the core systems, including the MoMo platform, remain uncompromised. The company says it’s conducting a forensic investigation to assess the breach’s scope and has committed to contacting affected customers directly. 

MTN Ghana continues to advise customers to remain vigilant against fraud. Key recommendations include:

  • Keeping MoMo PIN codes confidential.
  • Being cautious of unsolicited calls or messages requesting personal information.
  • Regularly updating passwords and enabling multifactor authentication

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