MTN MoMo, a fintech platform, is changing how individuals and businesses across Africa engage with financial services. With various digital solutions, including payments, e-commerce, insurance, lending, and remittance services, MTN MoMo is paving the way toward a more financially inclusive continent.
MTN MoMo offers:
- Payments and E-commerce Solutions: Simplify transactions for consumers and businesses, making commerce smooth and accessible.
- Insurance and Lending Services: Provides safety nets and financial assistance to those in need, empowering users to take control of their financial future.
- Remittance Services: Facilitates easy, fast, secure cross-border money transfers, keeping families and businesses connected.
By the Numbers: MTN MoMo's Impact
- 17.6 billion transactions in 2023: A testament to its reliability and widespread acceptance.
- Transaction value of US$272.1 billion in 2023: Highlighting its significant role in Africa's economy.
- US$3.3 billion in remittances in 2023: Underlining its critical role in supporting families and communities across borders.
- 72.5 million MoMo users across 16 markets in 2023: Reflecting its popularity and trust amongst African consumers and businesses.
Source: https://www.mtn.com/fintech-solutions/
Vision and Mission
MTN MoMo's goal is to unlock economic growth by providing financial and digital solutions that are affordable, inclusive, and comprehensive. By transitioning from mobile financial services (MFS) to a holistic mobile financial platform (fintech), MTN MoMo is at the forefront of creating a cashless and digital economy across Africa.
The MTN MoMo Marketplace
MTN MoMo's marketplace is designed to support digital economies, offering:
- In-store Payments: Making retail transactions seamless and cash-free.
- Remittances: Connecting families and businesses across continents with easy and secure money transfers.
- Prepaid Services: Offering flexibility and control over expenses.
- Mobile Wallets, Micro-Loans, and Micro-Insurance: Providing a safety net and financial empowerment to millions.
Why Partner with Mama Money?
For those in South Africa looking to support family and friends in countries served by MTN MoMo, Mama Money offers an efficient and secure channel to transfer funds.
Here's why Mama Money and MTN MoMo make the perfect team:
- Ease of Use: Use the Mama Money app to send money directly to MTN MoMo wallets anytime, from anywhere.
- Affordability: Enjoy competitive rates and lower fees for more affordable remittances.
- Speed and Reliability: Trust that your funds will reach their destination quickly and securely.
- Supporting Financial Inclusion: We are committed to making financial services accessible to all.
How to Use MTN MoMo with Mama Money
- Download the Mama Money App: Sign up or log in to access our services.
- Add Your Recipient: Input their details and choose MTN MoMo as the payout option.
- Transfer Funds: Enter the amount, confirm your transfer, and send money in just a few taps.
- Track Your Transfer: Get real-time updates on the status of your transaction.
Embrace the Future with MTN MoMo and Mama Money
The partnership between Mama Money and MTN MoMo symbolises our shared vision of a financially inclusive Africa. By combining our strengths, we ensure you can easily and securely support your loved ones back home.
Join us in this journey towards financial empowerment and digital inclusivity. With MTN MoMo and Mama Money, you're not just sending money; you're sending hope, support, and love.
To learn more about sending money through MTN MoMo with Mama Money, visit our website or contact us directly. Let's take a step towards a brighter, financially secure future together.
Need help? Mama is here.
To learn more about how to send money from South Africa to several other countries worldwide, follow Mama Money and learn all about our international money transfer services via
Should you have any questions that are not covered above, please contact Mama via WhatsApp at +27661041097.
