MoMo transactions have become the order of the day, primarily based on making transactions easy, fast, and convenient. Regardless, to have access to this useful platform, you need to finish the MTN MoMo registration process.
What is MTN Mobile Money (MoMo)?
MTN (Mobile Telecommunication Network) Mobile Money is a safe electronic platform that enables MTN Mobile Money customers to store cash, send and receive money, make payments, and do several other transactions just using their phone.
In addition, MoMo is a financial platform that facilitates merchants to receive payments and services using MTN Mobile Money. Moreover, customers can also use it to pay for the same goods and services.
Requirements for MTN MoMo registration
- First and foremost, a valid National Identity Card will be needed i.e:
- Driver’s License,
- Voter’s Identity Card
- National Health Insurance card
- A registered MTN Sim card will be needed for MTN
- MoMo registration in Ghana.
One has the possibility of opening the MoMo account on their own without any difficulty. These are the procedure:
- Log on to the MTN MoMo official website via your phone or laptop.
- Select ‘Register’.
- Type in your preferred username, phone number, and MoMo pin.
- Type or solve the captcha displayed. A code will be sent to your mobile phone.
- Enter the code sent to you in the space provided to you on the website page.
- Create your password and keep the code sent to you.
- Click on “Continue”.
MTN MoMo merchant registration requirements
Also, to become an MTN Mobile Money (MoMo) merchant in Ghana and receive a commission, there are some fundamental requirements you will need to meet. These are :
- Registered Business
- Fill and submit the Merchant Recruitment and
- Account Handler Form.
- Merchant code of ethics
How does one become an MTN Mobile Money (MoMo) merchant
The following steps will guide you in a successful merchant registration:
- Dial *5051# on your mobile phone.
- Choose Register among the displayed list.
- Select your region.
- After a successful process, an SMS with a reference number will be sent to the number used in the registration process.
- Dispatched team or MTN agents will be sent to examine your locality.
- After the examination, you will be required to fill the
- Merchant Recruitment form for further processing.
Benefits of MTN Mobile Mobile (MoMo)
The MoMo platform is filled with so many benefits. And some include:
- MoMo increases money accessibility in both rural and urban areas. Thus, transactions can be transferred anywhere in your locality at any point in time.
- MTN Mobile Money increases financial security. Hence, curtail the risk of money loss, theft, or even fraud.
- MTN MoMo has made purchasing and payment of online goods and services have effortless.
Know more about – what is MTN MoMo app?
Flaws of MTN Mobile Money (MoMo)
In contrast to the benefits, MTN MoMo has flaws. Some are:
- Ignorance and illiteracy from the people. Some people lack education on the use of mobile MoMo.
- Remembering of passwords or Pincode. Without a password or pin code, one can not access his or her money. So is needful to remember your password or pin code and also not to share it with anyone.
In case you have momo to a wrong number, read this article to know more about how to recover the money back – How to recover money sent to a wrong MoMo number