Business & Loans
How To Easily Become MTN Momo Agent And Start Earning
How To Easily Become MTN Momo Agent And Start Earning
Welcome to Flippstack, in this article, we will be answering questions on How to Become MTN Momo Agent? How To earn as an MTN Momo Agent? What is MTN Momo Agent? What Services are Available in MTN Momo? MTN MoMo Agent Salary? and more, so keep reading.
MTN Momo agent is under the Yello Digital Financial Services, a subsidiary of MTN Nigeria Africa’s largest provider of communications services and the operator of the MoMo Agent service.
YDFS is a financial service provider in agency banking and super-agent operation under the CBN Super-Agent framework and agent banking guidelines to provide amongst other services, an agent network to serve financial institutions and Mobile, Money operators, in Nigeria.
You may also want to read How To Subscribe MTN Night Plan 1.5GB For N150 and 2GB For N200
What is MTN Momo Agent
MTN MoMo Agent is a safe, fast, and convenient neighborhood shop where you can visit to send and receive money anywhere in Nigeria.
What Services are Available in MTN Momo
Customers can perform Cash2Cash transactions at a MoMo Agent outlet.
Activities You Can Perform with MoMo Payment Service Bank PSB Using Your Phone or The App
- Buy airtime & bundles: Need airtime, data, and SMS bundles quickly? Buy them on MoMo, even if you’re not with MTN.
- Pay your bills: Skip the queues and pay municipal bills, school fees, DSTV and more with your MoMo account.
- Start saving: It’s never too late to start saving, even if you don’t have a bank account. Use MoMo to start saving money.
- Collaboration: Request payments, create bills, upload invoices and collect payment from your customers.
- Disbursements: Pay suppliers, employees or any groups of people with the MoMo Business bulk disbursement interface.
- Financial Services: Financial loans and savings to accelerate your business growth
MTN MoMo Agent Salary
Your earnings on MTN MoMo agent is based on commission, not on salary. The more transaction you perform as an agent, the more your commission will be. 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.
How To Easily Become MTN Momo Agent
Step 1: Check to affirm if you meet the requirements below.
Requirements for MoMo Agents
- Have an existing business or willing to invest in the agency business.
- Have a Brick & Mortar/Immovable retail shop e.g. Pharmacy Pop & Mom Shop located in high foot traffic.
- Viable means of identification (National ID, Driver’s License, International passport, or Voters card).
- Readiness to provide 1 passport photograph.
- Capability to provide a Working Capital of N20,000 and above.
Step 2: Visit the nearest MTN outlet to pick up the form & submit your details
Step 3: Click here to download the application form
Step 4: Our field staff will contact you for a planned visit to ascertain your suitability
You may also want to read How To Easily Convert MTN Bonus To Data 2021
How To become A MoMo Agent By Self Onboarding
- Dial *502# with your MTN phone number.
- You receive a prompt to approve your MTN SIM registration details to be used as your MoMo wallet ID KYC
- Select 1 Yes to accept the T&C and to continue to the next step.
- Create your 4-digit PIN as prompted.
- Reconfirm your 4 digit PIN
- Your new MoMo Agent wallet is created
- You get USSD and SMS notifications confirming your new MoMo Agent wallet
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