MTN Rwanda says that transactions through the mobile money service have reached Rwf7.5 billion, with approximately 5,000 transactions carried out every day through the mobile operator’s service that enable users to transfer money electronically with their phones without having to move location.The service dubbed "MTN Mobile Money" was officially launched in February this year."We have had a sustained growth since the launch of the service due to hard work we came up with a product that was well packaged in terms of pricing and which was working well. This was critical in terms of ensuring that people trusted the product," Albert Kinuma, the Head of Mobile Money at MTN told Business Times.

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