MoMo Agent MTN Digital Financial Service|How to Become Agent

MTN Digital Financial Service – Yello Digital Financial Services is a subsidiary of MTN Nigeria Africa’s largest provider of communications services and the operator of the MoMo Agent service.

YDFS is a financial service provider in agency banking and super-agent operation under the CBN Super-Agent Framework and agent banking guidelines to provide amongst other services, an agent network to serve Financial institutions and Mobile, Money operators, in Nigeria.

What is MoMo Agent?

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.

What services are available at a MoMo Agent?

Customers can perform Cash2Cash transactions at a MoMo Agent outlet.

What you can do with MoMo Payment Service Bank PSB Using Your Phone or The App

a. Buy airtime & bundles: Need airtime, data, and SMS bundles quickly? Buy them on MoMo, even if you’re not with MTN.

b. Pay your bills: Skip the queues and pay municipal bills, school fees, DSTV, and more with your MoMo account.

c. Start saving: It’s never too late to start saving, even if you don’t have a bank account. Use MoMo to start saving money.

d. Collaboration: Request payments, create bills, upload invoices, and collect payment from your customers.

e. Disbursements: Pay suppliers, employees or any groups of people with the MoMo Business bulk disbursement interface.

f. Financial Services: Financial loans and savings to accelerate your business growth.

How to become a MoMo Agent

Step 1: Check to affirm if you meet the requirements below.

Requirements for MoMo Agents

a) Have an existing business or are willing to invest in the agency business.

b) Have a Brick & Mortar/Immovable retail shop e.g. Pharmacy Pop & Mom Shop located in high foot traffic.

c) Viable means of identification (National ID, Driver’s License, International passport or Voters card).

d) Readiness to provide 1 passport photograph.

e) 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: Our field staff will contact you for a planned visit to ascertain your suitability

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
6. Your new MoMo Agent wallet is created
7. You get USSD and SMS notifications confirming your new MoMo Agent wallet


Comments

One response to “MoMo Agent MTN Digital Financial Service|How to Become Agent”

  1. Umar abdullahi Avatar
    Umar abdullahi

    Wish to be an agent

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