If you become MTN MoMo agent in Nigeria, you can start making money from mobile money services in Nigeria. When you complete financial transactions for customers, you simply earn mtn MoMo agent commission.
So, What is MoMo Agent?
Yello Digital Financial Services, “YDFS,” a subsidiary of MTN Nigeria announced the launch of its super-agent network service named ‘MoMo Agent’ at an event in Abuja on August 29, 2019.
A MoMo Agent is a neighborhood shop where you can visit to send and receive money anywhere in Nigeria. Customers can perform Cash2Cash transaction at a MoMo Agent outlet
Cash2Cash is a MoMo Agent service that allows customers of MTN to send and receive money from any part of Nigeria. Customers don’t need to have a bank account to send or receive money. All that is required is a visit to a MoMo Agent near you to either send or receive money.
Customers can also purchase airtime or data at any MoMo Agent Outlet in Nigeria. Customer will simply hand over his or her phone number and cash for desired value and you top up their airtime balance from your MTN MoMo wallet by making use of the MTN MoMo Agent App or MoMo USSD Code.
The MoMo Agent Network in Nigeria compliments existing banking services by extending access to simple money transfer services and other financial services nationwide.
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How To Become MTN Momo Agent In Nigeria
Step 1: Check to affirm if you meet the requirements below.
Requirements for MoMo Agents
- Have an existing business or willing to invest in 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: MTN MoMo field staff will contact you for a planned visit to ascertain your suitability
Alternatively, you can use MTN MoMo Agent code to open MoMo Agent wallet on your mobile phone.
Yello Digital Financial Services (YDFS) is a financial service provider licensed to deliver agency banking services under the CBN agent banking framework. It is a subsidiary of MTN Nigeria and operates the MoMo Agent service.