Are you seeking to become an MTN Mobile Money merchant in Ghana? Then kindly read this guide to know what MTN MOMO agent is all about.
MTN mobile money service has provided a convenient way to make payment of goods services flexible in Ghana.
Much is the service has saved a lot of Ghanaians, it has also provided business opportunities to many.
MTN Ghana has used its mobile money platform to create various jobs for a letter of the Ghana youth.
Some of these jobs include MTN mobile money agents or MOMO merchants.
To become an MTN mobile money agent, you must meet a few requirements and sign up for it.
Once you have finally become a MOMO merchant, you earn a commission from MTN every month from all the transactions you make to mobile money customers.
So if you are seeking a less capital business to start in Ghana, I recommend to you the MTN MOMO merchant.
However, someone may ask, what is MTN MOMO agent all about? If you are seeking an answer to that, please read below.
Who Is MTN MoMo Agent
An MTN Mobile Money agent is someone with accreditation from MTN Ghana to deliver mobile money transactions to subscribers, including money transfers, cash withdrawals, bill payments, and many others.
At the end of the month, all Mobile money merchants are paid a commission from MTN.
How Does MTN MoMo Merchant Work
The MTN MOMO merchant service works in such a way that once a subscriber comes to a mobile money merchant to withdraw or transfer money, the agent in question earns a commission from the transaction made.
Now MTN accumulates all commissions that the agent has earned from every transaction made and paid back to the merchant at the end of the month or in 30 days period.
What Is MTN MoMo Agent All About
What MTN MOMO agent is all about is that they serve as merchants to carry out transactions including money transfers, cash withdrawal, bill payments, cash deposit, and many others to MTN mobile money subscribers and, in turn, earn a commission on every transaction made.
However, this applies to mobile money merchants who have been given the accreditation from MTN to carry out MOMO transaction services to subscribers.
Can Anyone Become MTN Mobile Money Merchant
No, not anyone can become an MTN Mobile Money merchant.
That is because before you can become an MTN MOMO merchant in Ghana, you must be 18 years and above with a business certificate and meet the requirements of the initial capital of about 4000 Ghana cedis.
Check the recommended guides below:
Activate, MTN MoMo Limit, How MoMo Pay Works, Who Qualifies, Transfer Cost, Change Mobile Money Name, Check Code, Pay DStv, Buy Airtime, Know Limit, Pay With Mobile Money, Buy Bundles, Withdrawal, Fund Agent Wallet, Know Account Name, Buy EVD With MTN MoMo, What Are Bundles, MTN Mobile Money Code, Forgot PIN, Check Account Balance, Reverse Transaction, Extend Limit.