MoMoPay - MTN Uganda (2024)

FAQs

What is momo pay on MTN? ›

mPesa is a convenient mobile money wallet allowing your unbanked customers to pay using their mobile device. MTN's MoMoPay money wallet makes payments convenient by allowing your customers to pay for goods or services using their mobile device.

Are you a merchant who needs a MoMoPay code? No need to go all the way to our service centres for support. Just dial *155# or fill in this form 👉🏽👉🏽 bit.ly/490mwA2 today and get your merchant code! It's free, safe and quick.

How much does it cost to use MoMoPay? For every received payment the merchant will be charged 1% of the value of the payment for the Individual Merchant and 2% for the Business Merchant.

Yes, MTN MoMo service allows you to link your MoMo account with your bank account and perform transactions at your convenience. Registration of service or linkage of two accounts (i.e. MoMo and Bank Account) should be primarily done by your bank.

Visit any MTN Store and speak to an agent who will provide you with the cash amount you want to withdraw. Any MoMo agent will provide you with the cash amount you want to withdraw. Use the MoMo app or dial _*120_*151# to transfer money from your MoMo account to a local bank account.

The minimum account, previously capped at GH¢2,000, will now have a limit of GH¢3,000, while medium accounts, previously set at GH¢10,000, will see their limits increased to GH¢15,000. Similarly, the threshold for enhanced accounts, previously at GH¢15,000, has been elevated to GH¢25,000 per day.

Maximum transaction Limit: UGX 5,000,000.

Sending money to another MTN MoMo user is made easier via the below steps; Simply dial *170# Select Option 1 to 'Transfer Money'

How do I fund MTN MoMo? ›

MoMo is a digital wallet that stores user payment card and financial information in one place on their smartphone. MoMo can be used at over 200 million merchants around the world, for online purchases and anywhere contactless payments are accepted, including retail stores, restaurants, bars, and taxis.

MTN's financial technology business is driven by the MoMo service, a competitor to M-Pesa, which is operated by Vodacom and Safaricom. MoMo mainly serves customers in the rest of Africa and not in South Africa, which has more sophisticated formal banking services and better access to them.