Select your region in which you intend to operate and send. Track and insure the commission payment and the benefits accordingly. MTN Mobile Money agent commission structure Being an MTN Mobile Money agent comes with its benefits in terms of commissions. Developers. ( With the Business Owners MTN subscriber line) Select Register and send. Create your 4 digit PIN as prompted. 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. Provide your Full Name, Contact, Email, and National Identity Card. How to: check agent commission View now. 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 Mobile Money agent interest rate acts as the source of profit for the agent. MTN New Sim Offer. Agent . WhatsApp 0772 123 100 ( With the Business Owners MTN subscriber line) Select Register and send. 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. Closed User Group. Any amount above 50 GHC- 1%GHC. Thus, the Momo Agent makes his or her profit. Deposit: Min: Max: Total Comm: Total Comm: Master (-VAT) MTN MoMo App Coming Soon. National Identity document for Signatories/Partners. For assistance please call 128. The MTN Mobile money service is one of the most reliable payment services in Ghana presently. Whats New Version History Select Register and continue. Add to wishlist. 56.8m MoMo users in 17 markets in 2021. with 974 000 active MoMo agents; 785 000 active merchants . Recent Press . Register as an agent. your earnings on MoMo agent is based on commission, not on salary. 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. Mobile money agent will earn a commission from different MTN Products and services: MoMo service (cashin and cashout) 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. Select your region in which you intend to operate and send. 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. No data chargers for MTN users. To become an MTN Mobile Money Agent/Partner, fill the form below and submit. They do so by initiating and making transactions on behalf of these end-users. You can become MTN mobile money services agent in Nigeria simply by dialing the MTN MoMo Agent code : *502# on your registered MTN number. MTN however, wont give you commission for transactions less than Ugx 5,000 while Airtel gives you about Ugx 150. In Ghana, mobile money has opened access to financial MoMo 200% bonus on recharge The agents commission structure is as follows; Withdrawal between 1GHC and 50GHC charges 0.50GHC MTN MoMo offers a sustainable and profitable business model where everyone in the MoMo value chain makes a living from the service. 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. Agent Be part of the bright side and add bold new digital features to your business by being a MoMo Agent. Deposit Withdraw Pay Bills for Customer (UMEME, NWSC and Africell bundles) Min Max Old New 500 2,500 5% of Join our family of partners. 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 1: As an aspiring Agent, you will need to first complete the Agent application form, Agent account handler form and Mobile Money agreement form. History. But looking at the statistics, MTN mobile money transaction is still the leading mobile banking system as it stands today. Recent Press . For any withdrawal of between GH 1 to GH 50 using your MTN MoMo code, the client is deducted GH 0.50 The more transaction you perform as an agent, the more your commission will be. Become an MTN Mobile Money Agent. 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. But looking at the statistics, MTN mobile money transaction is still the leading mobile banking system as it stands today. Voice & Data. Values by Features View now. If you become MTN MoMo agent in Nigeria, you can start making money from mobile money services in Nigeria. How to become a MoMo Agent View now. MTN Nigeria Subsidiary YDFS Launches MoMo Agent Network Read More. Download MoMo Agent and enjoy it on your iPhone, iPad and iPod touch. Through MTN Mobile Money, you can register as a MoMo Agent and become an entrepreneur earning commission monthly. 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. 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. Recent Press . 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. Dial *157# Select 00 for Next; Select 2 for get my commission ; During this promotion, the best performing MTN MoMo Agents in all districts of Uganda will win mobile money and other prizes. How to become a MoMo Merchant and what you need. 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 Also Airtel supports transactions as much as Ugx 5,000,000 well as MTN ends at Ugx 4,000,000. Want to create products that will make your business smile? Hi Emmanuel. 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. Deposit Withdraw Pay Bills for Customer (UMEME, NWSC and Africell bundles) Min Max Old New 500 2,500 5% of Mobile. MTN Momo agent commission. Latest insights. MTN Mobile Money (MoMo) MTN MoMo is a fintech platform providing consumers and businesses with a host of innovative digital financial services. For any withdrawal of between GH 1 to GH 50 your MTN Merchant code, the customer is deducted GH 0.50. Customers simply need to deposit UGX20,000 on their MTN mobile wallet and stand a chance to win a car. MoMo Agent cardless cash withdrawal now available in over 20 banks Read More. What you will be able to offer as an Agent The ability to register customers for the MoMo service 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. Goodluck Goodluck Level 0 2 / 100 points. Momo is a great way for business owners to make more money as it is strictly commission-based. 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. MoMo agents earn a commission when they perform cash in, cash out, sell sim cards, sell airtime and register subscribers for the MoMo service. Hi Emmanuel. Manage and track New MoMo Agents and Active MoMo Agents. Through mobile money people pay bills, Many people want to become Momo agents but do not know how to go about the process. MTN Nigeria Subsidiary YDFS Launches MoMo Agent Network Read More. MTN mobile money merchant commission When you become an agent, you will receive some transaction benefits which are paid in terms of commission. Newsroom. Wait for the official response from MTNvia the contacts you have provided, in case you choose to use the online platform. About. Please keep your PIN a secret. The charges are different when sending money through your mobile phone. Go to MoMo developer portal. Agent Commission Structure. The amount charged on deposits and withdrawals become the profits of the merchant. MTN Mobile Money Web Application 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. MoMo agents are expected to carry out cash withdrawals for customers without an ATM card or Point of Sale (POS) machines. Why Become a MoMo Agent. GNA. Going to MTN Mobile Money smartphone Application Will be available for smartphones devices for easy transferring and receiving of funds. 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. Every week for 8 weeks, 675 agents will receive UGX100,000. info. 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. Level 1 Agent. You can also pay your bills using MTN mobile money transfer online at a flat rate of 2%. 100K+ Downloads. The costs are as follows; Between 1GHC and 50 GHC- 0.5% commission cost. Personal. Reconfirm your 4 digit PIN. 0. 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. Make sure you have the MTN SIM card you want to use for the Merchant on your phone. 1.31K reviews. Commission is automatically paid everyday via the commission line. Agent Be your own boss Through MTN Mobile Money, you can register as a MoMo Agent and become an entrepreneur earning commission monthly. Install. Name. MTN gets to deduct cheap payment fees varying from 0.5% to 5% of the total amount being sent. Simply follow the steps below to initiate your registration as a MoMo agent. How to: become an agent View now. Select the region you intend to operate from and continue (Send). Select 1 Yes to accept the T&C and to continue to the next step. Recent Press . MoMo Agent. About this app. So, What is MoMo Agent? 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. A prompt will be displayed asking you if your MTN SIM registration details can be used for your MoMo Agent account registration. Data Smart. MoMo Agent cardless cash withdrawal now available in over 20 banks Read More. This is a popular programme in Nigeria, whereby agents with existing businesses operate Cash2cash accounts which allow MTN clients to make cardless withdrawals. Commission is automatically paid everyday via the commission line. He entreated them to work with honesty, saying that MTN was committed to paying all commission due them. Accept and follow the menu/prompt. For assistance please call 128. Services. 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 The more transaction you perform as an agent, the more your commission will be. 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 Help. Recent Press . This commission serves as a profit for these agents. your earnings on MoMo agent is based on commission, not on salary. MTN Community. MTN Mobile Money agents have some benefits accrued to their jobs. Gain more traffic to your establishment and the perk of an extra revenue stream through commission gained. MTN Mobile Money Agent Commission Structure. Agents are rewarded commission per transaction they carry out. Both MTN and Airtel seem to have similar commission fees with very subtle differences. Dial *5051# on your phone with the MTN SIM card for the merchant service. Write the reference number received on the MoMo registration forms. 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 Corporate . Answer count 0 answers Category Community Author name Goodluck Date February 10, 2022 4 months ago