MTN Mobile Money is a way to transfer, store, lend, and manage funds in an account linked to a mobile phone and also similar to a bank account. Or is a secure electronic service that enables MTN Mobile Money wallet holders to store funds, send and receive transfers, make payments and do some other transactions simply using their MoMo account.
It is fast, simple, convenient, and affordable. And it’s offered by MTN in partnership with over 10 partner banks, in several countries across Africa. The safe and easy electronic
How is MTN Mobile Money used?
MTN Mobile Money wallet holders can use their MoMo account in many ways. They can:
- Buy and pay for insurance
- Receive and store money
- Pay bills
- Send money to mobile phone users on other local networks.
- Withdraw cash at any authorized Mobile Money (MoMo) merchant
- Send moto any MTN mobile phone user – registered or not Top-up MTN airtime
- Pay employee salaries, airline tickets, school fees, and other goods and services.
How can I check my MTN Mobile Money balance?
There are several ways to check your MTN Mobile Money balance. But the best way is with the MTN mobile app. Among other things, it allows you to check your balance and check rates.
It also offers you a better way to control all of your MTN mobile services.
Can The Service Receive Fund from Abroad?
Yes. With WorldRemit you can receive transfers from over 50 countries into your MTN Mobile Money wallet from abroad.
Payments make mobile money a popular alternative to bank transfers. It can be used on both phone smartphones and basic feature phones.
How does MTN Mobile Money work?
This payment service stores funds in a secure electronic account linked to an MTN mobile phone number. Before sending funds, you have to check with your recipient that they have a registered mobile money account.
For more information about these services available via mobile money in the receipt’s country check the provider’s website or visit one of their dedicated agents.
How can I check my MTN MoMo account balance?
There are different ways to check your MTN Mobile Money balance. But the best way is with the MTN mobile app. Among other things, it allows you to check your balance and check rates. It also offers you a better way to control all of your MTN mobile services.
How do I send money to my friend’s mobiles money account via world remit?
Before sending your money to a mobile money service using worldremit, you make sure that your recipient has a mobile money account. To do this, your recipient will need to create an account through their local mobile money agent.
Where can my recipient get an account?
Mobile money is available in many countries and is especially popular in places where people are less likely to have bank accounts. Most mobile money services are offered by local mobile telecoms operators who have received a license to operate electronic payments services. Some mobile money services are offered by banks or other companies.
How to register, the customer needs to visit their local mobile money agent and bring a form of identification, such as a valid passport, driver’s license, or government ID. For more details on how to register for a mobile money account, visit the website of the mobile money provider