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How To Become MTN Momo Agent and Make Money – How To Locate MTN Momo Agent Near You

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How To Become MTN Momo Agent and Make Money – How To Locate MTN Momo Agent Near You

The need for convenient and efficient financial services is important. Therefore MTN Nigeria, through its subsidiary company Yello Digital Financial Services (YDFS), offers a solution with its Mobile Money (MoMo) platform. 

As a MoMo agent, you can provide essential financial services to your community while earning money. 

In this blog post, I’ll guide you on how to become MTN Momo agent and make me money and also show you how to locate MTN Momo agent near you.

But before that, let’s see what Momo agent really means.

What is a MoMo Agent?

A MoMo agent, also known as a Mobile Money agent, is an individual who operates a registered shop within a neighborhood or community. 

These agents are authorized by YDFS to offer a range of financial services, including money transfers, bill payments, airtime and data purchases, and more. 

By becoming a MoMo agent, you can bring convenient financial services closer to your community.

Now let’s get into detail.

How To Become MTN Momo Agent and Make Money – How To Locate MTN Momo Agent Near You

How To Become MTN Momo Agent and Make Money - How To Locate MTN Momo Agent Near You
How To Become MTN Momo Agent and Make Money – How To Locate MTN Momo Agent Near You

Requirements to Become MTN MoMo Agent

Before you embark on the journey of becoming a MoMo agent, there are a few requirements you need to fulfill. 

These requirements ensure that you have the necessary resources and qualifications to effectively serve your community as a MoMo agent. 

The requirements include:

Existing Business or Investment: You should have an existing business or be willing to invest in an agency business to become a MoMo agent.

Permanent Retail Shop: You must have a permanent shop location within your neighborhood or community. 

This ensures that your services are easily accessible to the people in your area.

Valid Identification: You need to provide a valid means of identification such as a driver’s license, international passport, voter’s card, or any other government-issued identification document.

Passport Photograph: You will need to provide a recent passport photograph for identification purposes.

Working Capital: A minimum working capital of N20,000 or more is required to start your MoMo agent business.

How To Become MTN MoMo Agent And Make Money In 2024

Visit the Nearest MTN Office: Visit the nearest MTN office or outlet in your area.

Request a MoMo agent registration form from the customer service desk.

Fill out the registration form with your personal details, including your valid identification information, permanent shop address, and other required information.

Dial *502# on Your Registered MTN Phone Number: Using your registered MTN phone number, dial *502# to initiate the MoMo agent registration process.

Follow the prompts to approve your SIM registration details to be used for opening your MoMo agent wallet.

Accept the terms and conditions by sending ‘1’ and proceed to create a 4-digit pin for your wallet.

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Once you confirm your pin, your MoMo agent wallet will be created, and you will receive a confirmation SMS.

Download and Fill Application Form (Optional): If you prefer, you can download the MoMo agent application form from the official MTN Nigeria website (www.mtn.ng).

Print and fill out the application form with your personal details, ensuring accuracy and completeness.

Wait for MTN field staff to contact you for a visit to verify your qualifications and assess your suitability as a MoMo agent.

Now let’s see how to locate MTN Momo agent near you.

How to Locate MTN MoMo Agent Near You

To locate MTN Momo agent near you, do the following:

Dial *223# on a Registered MTN SIM: To start the process of finding an MTN MoMo agent, grab your registered MTN SIM card and dial *223# on your mobile phone.

Enter the State Name: After dialing the code, you will receive a prompt asking you to enter the full names of the first three letters of the state where you want to locate a MoMo agent. 

For example, if you want to find an agent in Lagos, you would type “LAG” using the corresponding numeric keys on your phone.

Enter the Local Government Area (LGA): Once you have entered the state name, the next prompt will ask you to enter the first three letters of the Local Government Area (LGA) where you want to locate a MoMo agent.

For instance, if you are looking for an agent in Ikeja, you would enter “IKE” using the numeric keys on your phone.

Receive Agent Details via SMS: After entering the LGA name, MTN’s system will process your request. 

Within a short time, you will receive an SMS message containing the address and contact number of the MoMo agents available in your desired location. 

This information will help you easily locate and connect with the nearest MoMo agent for your financial needs.

FAQs On How To Become MTN Momo Agent and Make Money – How To Locate MTN Momo Agent Near You

Here are some helpful frequently asked questions on How To Become MTN Momo Agent and Make Money – How To Locate MTN Momo Agent Near You with their respective answers:

How to become an MTN MoMo agent in Nigeria?

To become an MTN MoMo agent in Nigeria, you can follow these steps:

Fulfill the requirements: Ensure you meet the requirements set by MTN to become a MoMo agent. 

These usually include having an existing business or being willing to invest in an agency business, having a permanent retail shop location, possessing a valid means of identification, providing a passport photograph, and having a working capital of N20,000 or more.

Visit an MTN office: Visit the nearest MTN office or outlet to pick up a MoMo agent registration form. 

Alternatively, you can download the form from the official MTN Nigeria website.

Complete the form: Fill out the registration form with your personal details, including your business information, shop address, and identification details.

Submit the form: Submit the completed registration form along with any required supporting documents, such as proof of identification and passport photographs, to the MTN office.

Wait for verification: MTN will review your application and may conduct an assessment to verify your qualifications and suitability as a MoMo agent.

Training: If your application is approved, you may be required to undergo training provided by MTN to familiarize yourself with the MoMo agent operations, services, and procedures.

Start serving as a MoMo agent: Once you have completed the necessary training and received authorization from MTN, you can start offering MoMo services to customers from your registered shop.

How do I get a MoMo code?

To get a MoMo code, you can follow these steps:

Dial *223# on your registered MTN SIM card.

Follow the prompts: You will receive a series of prompts on your screen with various options related to MoMo services.

Select the relevant option: Choose the option that allows you to generate or obtain a MoMo code. The specific wording and options may vary depending on the menu structure at the time.

Receive the MoMo code: After selecting the appropriate option, the system will generate a unique MoMo code for you. This code can be used for various MoMo transactions, such as sending money, buying airtime, or paying bills.

How do I create a MoMo account in Nigeria?

To create a MoMo account in Nigeria, you can follow these steps:

Dial *223# on your registered MTN SIM card.

Follow the prompts: You will be presented with a menu of options related to MoMo services.

Select “Create Account” or a similar option: Choose the option that allows you to create a new MoMo account.

Enter your personal details: The system will prompt you to enter your personal information, such as your full name, address, date of birth, and any other required details.

Create a PIN: Set a secure 4-digit PIN that will be used as your MoMo account password for future transactions. 

Make sure to choose a PIN that is easy for you to remember but difficult for others to guess.

Confirm your details: Review the entered information to ensure accuracy and completeness. 

If everything is correct, confirm your details to proceed.

Receive confirmation: After confirming your details, you will receive a confirmation message indicating that your MoMo account has been successfully created.

The message may also contain your MoMo account number.

Start using your MoMo account: With your MoMo account created, you can now start using it to perform various transactions, such as sending and receiving money, buying airtime, paying bills, and more.

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