Simple Steps on How to Become an MTN Momo Ageny and Requirements

JEROME MICHAEL EBRUPHIYO Thursday, July 8, 2021 How To


How to Become MTN Momo Agent and Requirements
A MoMo Agent is a neighborhood shop where you can visit to send and receive money anywhere in Nigeria. It is safe, fast and convenient. MoMo Agent can perform the service of account opening which allow customers make deposit and withdrawal as well pay for bills without visiting their banking hall or waiting for long queue. The mobile money platform is managed by one of the MTN subsidiaries–Y’ello Digital Financial Services by providing services like cash-in and out payment, airtime, service, and bill payments to customers. MTN Momo agent is mobile money agent, a digital Financial Services (YDFS) platform which is licensed by the Central Bank of Nigeria as Super-Agent framework and agent banking that allow Nigerians to send and receive money, pay bills across the country. The goodness about this service is that Customers don’t need to have a bank account to send or receive money. All that is required is a visit to any MoMo Agent close you to either send or receive money. This article will reveal the requirements to become Momo Agent, Momo Agent commission, Momo Agent POS charges as well as their salary and how to locate Momo Agent.

Requirements to become MoMo Agents

Step 1
  • 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 MTN MOMO field staff will contact you for a planned visit to ascertain your suitability. You may also like:How to log Gtbank ATM/POS Dispense Error complaint online without vising banking hall. You can also become momo agent by registering with your mobile phone provided your MTN number is registered with your correct registration details (i.e. Your Correct Name, Date of Birth, and Bio-Data). When you create a MoMo agent wallet using your phone number, your phone number will be converted into a momo agent account. This will enable you to store funds, send and receive funds, and also pay bills (i.e. utility, electricity, recharge cards, television, e-pins, etc.).

    How can a MoMo agent check for their commission Balance?

    To check for Account Number (NUBAN), Airtime Balance, Float Balance and Commission balance, Simply dial *502*8*3#.

    How can I locate a MoMo agent?

    To locate a MoMo agent, simply dial *223# & follow the prompts. List of agents, their phone number and addresses will be displayed. This service is free. Strieve to become a MoMo Agent today.

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