The Guyana Telephone and Telegraph Company (GTT) has announced that the payment of bills through its Mobile Money Guyana (MMG) service will be free from August 1st.
“No more will you have to pay a fee to pay bills; once you are subscribed to MMG, you save,” the company said in a statement yesterday.
“Free means no hidden charges or other requirements, and more money in your wallet. Free means that MMG is leading the way when it comes to convenience and affordability in paying your bills,” it added.
Currently, paying bills with MMG attracts service charges.
The GTT statement noted that registration for the MMG service is free and the process is simple as interested persons with a mobile phone, a valid photo ID and proof of address can register at any GTT store, MMG agent or online at mmg.gtt.co.gy/register. It added that there are no requirements for a minimum balance and no monthly or yearly fees. Transactions can also be done at any time of the day from anywhere.
GTT’s MMG service, which the company says is Guyana’s first mobile financial service, was introduced in 2013 and enables users to purchase credit and send and receive money in addition to paying bills using their mobile phones. Cashless transactions, it added, are the future and MMG is safer than carrying around cash. “If you lose your phone, you will not lose the money you have in your account because it is protected by your personal PIN,” it noted.