Do you want to know how does MTN MOMO pay work in Ghana? It is a very simple service and gives you access to a convenient way to make payments for goods and services.
In this guide, we shall give you complete details on how MTN MOMO pay works.
The MTN mobile money service has become the fulcrum of payment of goods and services in Ghana.
Currently, you can make a remote payment to anyone in Ghana irrespective of where they live.
Once they have a mobile money account, you can deliver payment to them safely.
MTN Ghana introduced the MTN MOMO pay service to boost local businesses and give them a platform to thrive.
As the name suggests, it is meant to help MTN mobile money subscribers to make payments of goods and services both online and from local supermarkets.
However, people who can use the MTN MOMO pay to receive payments are usually merchants.
But the good news is that you do not have to be an MTN mobile money Merchant or agent to sign up for the MoMopay service.
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Who Can Use Mobile Money Pay
The MTN mobile service is usually used by merchants or agents, and businesses to receive payment of goods and services delivered to customers.
So before you can receive payment from your client through the MTN MOMO pay, you must ensure that you sign up for the service as a merchant.
How Does MTN MoMo Pay Work
The MTN MOMO pay works in such a way that merchants or agents who have registered for the MOMO pay service are given a six (6) digits ID number that MTN mobile money subscribers can use to make payments to them.
So if you are a merchant and someone wants to make payments, you just need to give them your MTN MoMo pay ID number for them to make payments to you.
That is how the MTN MoMo pay works.
Does MTN Charge For MoMo Pay Transactions
Yes, MTN mobile money charge for Momo pay transactions. However, MTN MOMO pay transaction charges are very cheap compared to normal transactions from your mobile money account.
Also, merchants are not charged any fees for receiving payment through MoMopay.
However, people who use the MoMopay service to pay merchants are charged fees.
Does MTN Pay MoMoPay Agents
No, MTN does not pay any money or commission to momo pay agents.
That is because the MoMoPay platform only allows the agents to receive cash from their customers, and as such, there is no commission to them.
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