How To Become A MoMo Agent MTN Digital Financial Service

How To Become A MoMo Agent MTN Digital Financial Service

How To Become A MoMo 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 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 fo provide amongst other services, 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 fo send and receive money anywhere in Nigeria. It is safe, fast and convenient.

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What services are available at a MoMo — Agent?

Customers can perform Cash2Cash transaction 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 willing to invest in 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 ouflet fo pick up the form & submit your details

Step 3: Click here fo download the application form

Step 4: Our field staff will contact you for a planned visit to ascertain your suitability

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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 fo accept the T&C and to continue fo 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