Mobile money agent will earn a commission from different MTN Products and services: MoMo service (cashin and cashout) The more transaction you perform as an agent, the more your commission will be. Dial *502# with your MTN phone number. Newsroom. About. Corporate . Any amount above 50 GHC- 1%GHC. Every week for 8 weeks, 675 agents will receive UGX100,000. Deposit Withdraw Pay Bills for Customer (UMEME, NWSC and Africell bundles) Min â Max Old New 500 â 2,500 5% of ⦠WhatsApp 0772 123 100 MoMo Agent. your earnings on MoMo agent is based on commission, not on salary. Name. Step 1: As an aspiring Agent, you will need to first complete the Agent application form, Agent account handler form and Mobile Money agreement form. Select your region in which you intend to operate and send. When you complete financial transactions for customers, you simply earn mtn MoMo agent commission. The amount charged on deposits and withdrawals become the profits of the merchant. Recent Press . 100K+ Downloads. Following the successful award of a Super-Agent License, Yâello Digital Financial Services, âYDFS,â a subsidiary of MTN Nigeria opened its doors, announcing the launch of its super-agent network service named âMoMo Agentâ at an event in Abuja in August 2019. Dial *5051# on your phone with the MTN SIM card for the merchant service. NI DILU (Phone Deals) #ConnectRwanda. Businesses looking to join MTNâs MoMo merchant and agency network can email momo@mtn.com for more information. Receive a daily news update on your cellphone. Go to MoMo developer portal. The commission fees are structured in the following ways: For any withdrawal of between GH¢ 1 to GH¢ 50 using your MTN ⦠Download MoMo Agent and enjoy it on your iPhone, iPad and iPod touch. Select 1 Yes to accept the T&C and to continue to the next step. How to: become an agent View now. Register as an agent. Download the app and start buskin in a bold new digital world. Answer count 0 answers Category Community Author name Goodluck Date February 10, 2022 4 months ago They do so by initiating and making transactions on behalf of these end-users. 0. The charges are different when sending money through your mobile phone. Reconfirm your 4 digit PIN. ... Momo | Agent. Manage and track New MoMo Agents and Active MoMo Agents. Because of the rise in the demand for MOMO transactions outlets, MTN and all the other mobile money providers have expanded their outlets to anyone who is qualified and therefore wishes to work as a vendor for a commission. info. MTN Nigeria Subsidiary YDFS Launches MoMo Agent Network Read More. Momo is a great way for business owners to make more money as it is strictly commission-based. Hi Emmanuel. Through MTN Mobile Money, you can register as a MoMo Agent and become an entrepreneur earning commission monthly. 3.1star. MTN Mobile Money smartphone Application â Will be available for smartphones devices for easy transferring and receiving of funds. The agentâs commission structure is as follows; Withdrawal between 1GHC and 50GHC charges 0.50GHC MTN MoMo has an ever-growing range of features to make your life easier: Send and receive money to and from other MoMo customers; Cash-in and cash-out at any MoMo agent; Cash-out from ATM's; Buy MTN airtime and bundles; Pay for products and services from the many participating merchants and providers; Buy prepaid electricity This is a popular programme in Nigeria, whereby agents with existing businesses operate Cash2cash accounts which allow MTN clients to make cardless withdrawals. MoMo activation commission Sim cards Virtual Top Up (VTU) MTN Handsets All MoMo agents are given full support to help them conduct their daily activities like branding tools for proper visibility. For any withdrawal of between GH¢ 1 to GH¢ 50 using your MTN MoMo code, the client is deducted GH¢ 0.50 The announcement comes just one month after MTN revealed a partnership with Pick n Pay which allows MoMo subscribers to withdraw and deposit cash at over 1,600 stores around the country. MTN signed up more than 280,000 MoMo agents in its biggest market, Nigeria, in 2020 alone. Corporate . Mobile. Many people want to become Momo agents but do not know how to go about the process. Recent Press . The MTN Mobile money service is one of the most reliable payment services in Ghana presently. Dial *5051#. Mercy Corps Partners MoMo Agent Network Read More Recent Press MTN Nigeria Subsidiary YDFS Launches MoMo Agent Network Read More Home About Us FAQs Services Airtime & Data Bill Payment C2C Deposits and Withdrawals MTN Momo agent commission. Data Smart. Make sure you have the MTN SIM card you want to use for the Merchant on your phone. MTN Mobile Money Web Application â which will be available on the web, for easy transferring and receiving of funds provided that, there is an internet connection to access the web service. Vendor Jacket Kiosk (depending on area of operation) Transaction books Trolley We are here to help, anytime! For assistance please call 128. Any amount above 50GHC charges 1%GHC commission fee. Both MTN and Airtel seem to have similar commission fees with very subtle differences. Customers simply need to deposit UGX20,000 on their MTN mobile wallet and stand a chance to win a car. Hi Emmanuel. Leadership. Agents are rewarded commission per transaction they carry out. ... Why Become a MoMo Agent. ( With the Business Ownerâs MTN subscriber line) Select Register and send. However, the nature of the Mobile Money system provides room for the employment of third-parties called Mobile Money agents. MTN mobile money merchant commission When you become an agent, you will receive some transaction benefits which are paid in terms of commission. ... Track and insure the commission payment and the benefits accordingly. Accept and follow the menu/prompt. Select the region you intend to operate from and continue (Send). December 9, 2021. MTN. Going to ⦠Agent Commission Structure. How to: become an agent. Agent . How to become a MoMo Agent by Self Onboarding. Dividend payment of N174.53bn Announced at MTN Annual General Meeting 2022 28th, Apr 2022 UPCOMING EVENTS; PAST EVENTS; 27th, Apr 2022. MoMo agents are expected to carry out cash withdrawals for customers without an ATM card or Point of Sale (POS) machines. African Development Bank Group signs $500,000 grant agreement with YDFS Read More. The agents earn a commission based on the transaction's value. Phone Number PIN CODE. Bulk payment ... With the MTN MoMo app, you can make payments, deposit money to your bank account, locate agents, and much more. About twenty thousand agents have been blacklisted by MTN Mobile Money Limited for creating false transactions and trying to earn commission fraudulently. History. Simply follow the steps below to initiate your registration as a MoMo agent. SMS. Registering as an Agent gives one the opportunity to own a Mobile Money Kiosk where customers can access financial services such as sending money, receiving money, selling airtime, bill payments and many more. But looking at the statistics, MTN mobile money transaction is still the leading mobile banking system as it stands today. Contact number. FAQs How to register Agent Accounts Recent Press . African Development Bank Group signs $500,000 grant agreement with YDFS Read More. Deposit: Min: Max: Total Comm: Total Comm: Master (-VAT) ... MTN MoMo App Coming Soon. Become an MTN Mobile Money Agent. You will receive a reference number via SMS. Install. The more transaction you perform as an agent, the more your commission will be. How to: check agent commission View now. What you will be able to offer as an Agent The ability to register customers for the MoMo service Please login with valid credentials to access the application functionality. The costs are as follows; Between 1GHC and 50 GHC- 0.5% commission cost. MTN Mobile Money Agent Commission Structure. Agent Be your own boss Through MTN Mobile Money, you can register as a MoMo Agent and become an entrepreneur earning commission monthly. ( With the Business Ownerâs MTN subscriber line) Select Register and send. Everyone. OR; Start a discussion; Unanswered question Please i need a list of Momo agent fees and commission, Momo Agent Charges. Personal. âEarn higher commission through faster transaction processing, Increased foot traffic with better customer service, Better user experience while serving your customers, Easily sell more value added services to increase your commission. You can also pay your bills using MTN mobile money transfer online at a flat rate of 2%. There are many things you can do and earn commission as a MoMo agent: You can assist customers to send and receive money, pay utility bills, do card-less withdrawals, sell data and airtime. Voice & Data. 3. What is Mtn MoMo Agent Commission (Nigeria) MoMo agents in Nigeria facilitate money transactions between end-users by carrying out a Cash2Cash service that allows MTN customers to send and receive money from any part of Nigeria. ... MTN MoMo. Recent Press . Momo agent. Thus, the Momo Agent makes his or her profit. Values by Features View now. Latest insights. How to become a MoMo Merchant and what you need. Personal. MoMo Agent cardless cash withdrawal now available in over 20 banks Read More. How to become a MoMo Agent View now. MTN Mobile Money agent commission structure Being an MTN Mobile Money agent comes with its benefits in terms of commissions. Agent Be part of the bright side and add bold new digital features to your business by being a MoMo Agent. Recent Press . During this promotion, the best performing MTN MoMo Agents in all districts of Uganda will win mobile money and other prizes. MoMo agent network composed by all mobile money agents who sell MoMo (cashin/out), VTU, SIM CARDS, AIRTIME and other MTN products and services, will be entitled to receive commissions earned legitimately through MoMo services. Level 1 Agent. Wait for the official response from MTNvia the contacts you have provided, in case you choose to use the online platform. Also Airtel supports transactions as much as Ugx 5,000,000 well as MTN ends at Ugx 4,000,000. In Ghana, mobile money has opened access to financial... MoMo 200% bonus on recharge Because of the rise in the demand for MOMO transactions outlets, MTN and all the other mobile money providers have expanded their outlets to anyone who is qualified and therefore wishes to work as a vendor for a commission. MoMo Agent cardless cash withdrawal now available in over 20 banks Read More. ... No data chargers for MTN users. National Identity document for Signatories/Partners. MTN Nigeria has officially launched its super-agent network service named âMoMo Agentâ, after successfully securing the Yâello Digital Financial Service âYDFSâ and mobile money services licence from the Central Bank of Nigeria (CBN). MoMo agent network composed by all mobile money agents who sell MoMo (cashin/out), VTU, SIM CARDS, AIRTIME and other MTN products and services, will be entitled to receive commissions earned legitimately through MoMo services. He said the company had already blacklisted over 20,000 MoMo agents for their fraudulent activities and warned existing agents that they may suffer a similar fate if they engaged in such activities. MTN Nigeria Subsidiary YDFS Launches MoMo Agent Network Read More. Provide your Full Name, Contact, Email, and National Identity Card. Closed User Group. MTN Mobile Money agent interest rate acts as the source of profit for the agent. Lease Agreement for Company Premises (Where Applicable) or proof of physical address for entity; Proof of residence for Directors with more than 25% shareholding; National Identity document for all Directors. You can become MTN mobile money services agent in Nigeria simply by dialing the MTN MoMo Agent code : *502# on your registered MTN number. Goodluck Goodluck Level 0 2 / 100 points. MTN however, wonât give you commission for transactions less than Ugx 5,000 while Airtel gives you about Ugx 150. You will receive a reference number via SMS. MTN Mobile Money (MoMo) MTN MoMo is a fintech platform providing consumers and businesses with a host of innovative digital financial services. Want to create products that will make your business smile? ID/CNI * (pdf MAX: 2 MB) Submit. Services. Dial *157# Select 00 for Next; Select 2 for get my commission ; So, What is MoMo Agent? You receive a prompt to approve your MTN SIM registration details to be used as your MoMo wallet ID KYC. Commission is automatically paid everyday via the commission line. For assistance please call 128. Customers simply need to deposit UGX20,000 on their MTN mobile wallet and stand a chance to win a car. MTN New Sim Offer. MoMo Agents are essential partners in the provision of the Mobile Financial Service and are key to the growth and development of the industry. MTN MoMo offers a sustainable and profitable business model where everyone in the MoMo value chain makes a living from the service. Mission & Vision. When the MTN MoMo journey started in Uganda in 2007, we enabled person to person payments for subscribers across the country. In May, MTN introduced the MoMo Nyabo Waaka Promotion wherein 24 Toyota Succeed cars will be given away, and Mobile Money worth 1,600,000,000 to 16,000 lucky winners over the 8 weeks of the promotion. Please keep your PIN a secret. How to do MTN MoMo Transactions Agent/ Merchant MTN Just MoMo It MTN MOBILE MONEY (CASH IN) Dial *171# Choose 3 (Receive Cash In) Select 1 (Mobile Money User) Enter Mobile Number Repeat Mobile Number Enter Amount Enter Reference Number Enter Pin Code (xxxx) MTN MOBILE MONEY (CASH OUT) Dial *171# Choose 2 (Pay Cash Out) Select 1 (Mobile ⦠your earnings on MoMo agent is based on commission, not on salary. The rewarding is done per every transaction the agent carries out, and it serves as the merchantâs profit. With millions of subscribers across Ghana, the service sees billions of Ghana Cedis transacted daily. Select Register and continue. Send, receive and save with the MTN MoMo app - coming soon! But looking at the statistics, MTN mobile money transaction is still the leading mobile banking system as it stands today. 1.31K reviews. Your MTN Mobile Money account or wallet will be created instantly. As an approved MTN Momo agent you will receive a real-time commission for transactions performed, i.e, you do not need to wait till the end of the month to receive your commission. These people help in loading [â¦] About this app. MoMo Agent 4+ MTN Designed for iPhone 3.5 ⢠6 Ratings Free iPhone Screenshots Earn higher commission through faster transaction processing, Increased foot traffic with better customer service, Better user experience while serving your customers, Easily sell more value added services to increase your commission. USSD Consolidated Menu *352# Business. MTN Mobile Money agents have some benefits accrued to their jobs. MTN Community. Simply follow the steps below to initiate your registration as a MoMo agent Registration process Dial *5051#. Commission is automatically paid everyday via the commission line. A prompt will be displayed asking you if your MTN SIM registration details can be used for your MoMo Agent account registration. Mobile money agent will earn a commission from different MTN Products and services: MoMo service (cashin and cashout) Through mobile money people pay bills, ⦠Write the reference number received on the MoMo registration forms. As an aspiring Agent, you will need to first complete the Agent application form, Agent account handler form and Mobile Money agreement form. Process in Checking Agent Commission. This commission serves as a profit for these agents. Gain more traffic to your establishment and the perk of an extra revenue stream through commission gained. MoMo agents earn a commission when they perform cash in, cash out, sell sim cards, sell airtime and register subscribers for the MoMo service. Help. Developers. Deposit Withdraw Pay Bills for Customer (UMEME, NWSC and Africell bundles) Min â Max Old New 500 â 2,500 5% of ⦠To become an MTN Mobile Money Agent/Partner, fill the form below and submit. MoMo Benefits for You and Your Customers Earn commission You can profit when your customers use MoMo to buy airtime, data and prepaid electricity and more, at your store Facilitate transactions Help customers who want to cash in or cash out of their MoMo accounts at ⦠10bn transactions in 2021. with a transaction value of US$239.4bn. Become MTNâs ambassador in enhancing financial inclusion by helping to serve the unbanked and underbanked population. In May, MTN introduced the MoMo Nyabo Waaka Promotion wherein 24 Toyota Succeed cars will be given away, and Mobile Money worth 1,600,000,000 to 16,000 lucky winners over the 8 weeks of the promotion. For any withdrawal of between GH¢ 1 to GH¢ 50 your MTN Merchant code, the customer is deducted GH¢ 0.50. MTN mobile money (MOMO) is an MTN financial system that allows for easy money transactions, sending and receiving through a phone.Anyone registered with an MTN sim card can register for mobile money.Meeting these MTN mobile money agent requirements in Zambia, allow people to become an accredited MTN money agent. Select your region in which you intend to operate and send. Follow the on-screen instruction to complete the application. If you become MTN MoMo agent in Nigeria, you can start making money from mobile money services in Nigeria. MTN Partners With Pan-Atlantic University For Media Innovation Programme ... the Nigerian Communications Commission, MTN and Huawei (Abuja), ZTE (Calabar) and Ericsson (Lagos.) Since then, MoMo has expanded into 16 markets and the electronic wallet has evolved beyond basic transactions. As an aspiring Agent, you will need to first complete the Agent application form, Agent account handler form and Mobile Money agreement form. ... 56.8m MoMo users in 17 markets in 2021. with 974 000 active MoMo agents; 785 000 active merchants . arrow_forward. Whatâs New Version History Add to wishlist. Recent Press . Email Address. Create your 4 digit PIN as prompted. GNA. Mobile money agent will earn a commission from different MTN Products and services: MoMo service (cashin and cashout) MoMo agent network composed by all mobile money agents who sell MoMo (cashin/out), VTU, SIM CARDS, AIRTIME and other MTN products and services, will be entitled to receive commissions earned legitimately through MoMo services. Step 2: Based on the type of business you run; the following documents will be required: Vendor: Trading license accompanied by a City Council permit. MTN South Africa is partnering with the International Finance Corporation (IFC) to unlock $2 million (R28 million) in funding which will be used to recruit, enrol, and train Mobile Money (MoMo) agents. Welcome To MTN Cameroon mobilemoney User Web Application. He entreated them to work with honesty, saying that MTN was committed to paying all commission due them. MTN MoMo Pay: Expanding Female Mobile Money Usage in Ghana . Join our family of partners. Please keep your PIN a secret. MTN gets to deduct cheap payment fees varying from 0.5% to 5% of the total amount being sent. Registering as an Agent gives one the opportunity to own a Mobile Money Kiosk where customers can access financial services such as sending money, receiving money, selling airtime, bill payments and many more. Corporate.
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