Search

You may also like

BBM reach over 10 million downloads on first day
Cool General News Tech

BBM reach over 10 million downloads on first day

Reports from BlackBerry indicate that within 24 hours of the

Reprint your e-Slip now! – JAMB 2017/2018 Mock Exam Holds on 29th April
Cool General News Tech

Reprint your e-Slip now! – JAMB 2017/2018 Mock Exam Holds on 29th April

Reports have it that Joint Admission Matriculation Board [JAMB] has

Finally Infinix Zero 3 Price is Revealed
Cool General News Tech

Finally Infinix Zero 3 Price is Revealed

Hello everyone, If you have been waiting to get your

cool

MTN Unveils Mobile Money Transfer Services in Nigeria

MTN Unveils Mobile Money Transfer Services in Nigeria

MTN Nigeria today launched mobile money transfer service in Africa most populous Nation targeting those without bank accounts, the new mobile transfer service from MTN will be called MoMo.

This coming from successful lunch of similar service in east Africa tagged M-Pesa, the mobile money unit of Kenya’s Safaricom, which has convinced financial investors to channel more funds into the industry that financial services business

key points of the Mobile Money Operation:

  • Customers send a text from their smartphone for free and get a response giving them a list of registered agents near them.
  • Customers pay transfer sum to agents who in turn give them a code to be transmitted to the receiver. The receiver goes to an agent near them and collects the cash.
  • The sender will pay 100 naira though. N50 will go to the sending agent and the paying agent will also get N50.
  • The minimum amount that can be transferred is N100 and the maximum is either N50,000 or N100,000 depending on the agent.
  • The recipient must claim the money within 30 days or the voucher will expire.

However you can use MTN Mobile Money service to send and receive money, top-up MTN airtime, pay bills (DStv, ECG Postpaid, MTN Postpaid, School fees and more), buy & pay for insurance, pay employee salaries, pay for airline tickets and other goods and services.

.

Related topics news, Tech
Next post Previous post

Your reaction to this post?

  • LOL

    0

  • Cool

    0

  • Fail

    0

  • Angry

    0

  • Love

    0

You may also like

Another Nokia Phone to be Unveiled on Feb 26, Presumably Nokia 8
General

Another Nokia Phone to be Unveiled on Feb 26, Presumably Nokia 8

We’ve not yet recover from the amazing news from Nokia

Micromax Canvas Evok Price, full Features and specification
micromax

Micromax Canvas Evok Price, full Features and specification

Micromax Canvas Evok android device is the latest arrival in the

Microsoft Lumia 435 Dual Price full Features and specification
microsoft

Microsoft Lumia 435 Dual Price full Features and specification

The Microsoft Lumia 435 dual windows powered smartphone is just

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Comment

Your data will be safe! Your e-mail address will not be published. Also other data will not be shared with third person. Required fields marked as *