How do I become MTN agent?

How do I become MTN agent?

How to become a MoMo Agent by Self Onboarding

1. Dial *502# with your MTN phone number.
2. You receive a prompt to approve your MTN SIM registration details to be used as your MoMo wallet ID KYC.
3. Select 1 Yes to accept the T&C and to continue to the next step.
4. Create your 4 digit PIN as prompted.
5. Reconfirm your 4 digit PIN.

How much is an MTN agent line in Uganda?

MTN Mobile Money Agents can now get MTN Xtra Float worth UGX 50,000, 100,000 and 250,000 at a fee of UGX 300. MTN Xtra Float has to be paid back in 48 hours. MTN Mobile Money Agents have to pay back the money in time to avoid a penalty of 3,000shs charged against your commission.

How much do I need to start a mobile money business in Uganda?

Requirements to become an MTN Uganda Mobile Money agent For MTN Uganda, the start-up capital is 1,000,000/- for one who wishes to be attached to a master agent and 1,500,000/- for one who wishes to be an independent agent.

How do I become an MTN agent in South Africa?

Herewith below the quickest way to apply:

1. Call MoMo customer care on 083 135 (ask for MoMo desk)
2. Email [email protected] to sign up.
3. A dedicated team will assist them accordingly.
4. Documents such as ID and residential address will be required during the application process.

How do I register for MTN agent online?

How to get MTN Momo agent online registration form

1. Visit any nearest MTN outlet to pick up the form & submit your details.
2. Click here to download the application form.
3. Fill the form with your name, telephone number, email address, address, etc.
4. Now, submit it to MTN head office in your state.

What is the benefit of MTN MoMo agent?

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 can I get MTN mobile money commission?

Mobile money Uganda agent commission fees for MTN and Airtel networks

1. You must be a registered as a LIMITED company that has existed for a period not less than one year.
2. Must have physical permanent or Semi-Permanent premises from which to operate, Counter Layout.
3. Must have three months Company Bank Statement.

How is MTN commission calculated?

MTN mobile money charges Between 1GHC and 50 GHC- 2.50% as the service fee. Amount exceeding 50 GHC – 5% commission fee.

How much does it cost to start MTN mobile business?

Have a minimum capital of GHS 4,000.

Is mobile money profitable?

Mr Victor Aryatura, an agent operating in Namugongo, Wakiso District, says mobile money is no longer a very profitable venture for one to rely on independently nowadays due to the slashed commission fees. He says he has had to operate the business alongside selling other items to make ends meet.

How do MoMo agents make money?

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.

What are the benefits of being a MoMo agent?

The Benefits Of Becoming A MoMo Agent

• It works with basic mobile phones.
• You don’t need any internet to perform transaction.
• It’s convenient & simpler alternative to regular banking transactions.

What makes a building eligible for an MTN Mobile Money Agent?

Wooden buildings and the umbrella establishments (space2space) are not eligible to be e-money agent stations The locations eligible for an MTN Mobile Money agent establishment is that these structures are to be strategically located about 50-100 meters away from each other. How much money do you need to start an MTN MoMo business?

How to become a merchant working for MTN?

For you to become a merchant working for MTN, for a commission you will need to meet the following requirements. For you to be a successful applicant, you are required to have at least a limited company or its equivalent. This is to ensure that, in case of unforeseen circumstances, you can easily repay your debt and that of your customers.

How do I send money through MTN mobile money?

The send money, the sender will need your number and should be located in any of the countries where the service is available. Make sure to check with the service you are using for the MTN Mobile Money limit.

How much does it cost to start a mobile money agent?

The location requirements – The locations eligible for an MTN mobile money agent establishment that these structures are to be strategically located and are 50-100 meters away from each other. The minimum capital expected from a prospective agent – GH¢ 4,000 is the required minimum amount of money required to be an agent.