What is MTN MoMo [MTN Mobile Money (MoMo)] Everything To Know;-MTN Group Limited, formerly M-Cell, is a South African telecommunications company, operating in many African and Asian countries. Its headquarters are in Johannesburg.
MTN Mobile Money (MoMo) is simple and safe to use, with no monthly fees to worry about. It’s available on any South African cellphone number. What’s more, you don’t even need a bank account.
- Set yourself free
Download the MoMo app and register for free – fees apply to certain transactions only
- Store money safely
Secure your hard-earned cash with end-to-end encryption
- Transfer cash instantly
Transfer money to other MoMo wallets or send cash vouchers to any South African cellphone number
- Simplify your shopping
Scan QR codes to pay for products and services through MoMo partners
- Pay your bills
Keep your DStv, prepaid electricity, and other accounts up to date without hassle
- Buy airtime and bundles
Buy airtime and data, voice, and SMS bundles at no extra cost and get exclusive deals – even if you’re not with MTN
MTN Mobile Money (MoMo)
MTN’s groundbreaking Mobile Money (MoMo) service lets you store, send, and receive money using your phone. You don’t need a bank account or fancy smartphone to use it – it works on the most basic of feature phones too!
How do I access my MoMo account?You can access and manage your account on the MoMo app or by dialling *120*151#, around the clock, 365 days a year.
What services does MoMo offer?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
- Pay your DStv account
Can I send a money voucher?Yes – you can send a money voucher to anyone with a cellphone number. They can then cash-out at a MoMo agent or MTN store.
Can I use MoMo without airtime?Yes – you don’t need to waste any of your precious airtime to use MoMo.
How do I cash-in to my MoMo wallet?There are 3 ways to cash-in to your MoMo wallet:
- Cash-in from a bank card or account through the MoMo app or by dialling *120*151#
- Visit any MTN store
- Find a MoMo agent
How do I cash-out of my MoMo wallet?You can cash-out of your wallet by visiting your nearest MTN store or MoMo agent or into any South African bank account.
How do I become a MoMo agent or merchant?
Do I need to be an MTN customer to use MoMo?Not at all – you can use MoMo on any network if you’re using the app. You’ll need to be an MTN customer if you choose to dial *120*151# to manage your MoMo account