MoMo Agent Requirements – How To Become A MoMo Agent

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MoMo Agent Requirements – How To Become A MoMo Agent. Do you want to become a MoMo agent and you don’t know how to go about it? If your answer to the above question is yes, then you are on the right page as we are going to show you the requirements for anyone to become a MoMo agent.

MoMo is an MTN Y’ello financial transaction platform where you can send and receive money anywhere in Nigeria with a mobile device. Y’ello digital financial service is an MTN subsidiary that is responsible for the management of MoMo account and services.

The MoMo mobile money transaction platform is safe, fast, and without any problem. It is also secure, reliable with 100% uptime, and 24/7 customer care service support.

Moreso, the major reason why MTN introduces MoMo agents! is to be able to reach out to unbanked and underbanked Nigerians in all the 774 local governments in Nigeria. Now we are going to list out the requirements needed to become a MoMo agent in Nigeria.

CHECKOUT >>> How to Become an OPay Agent – Requirement

MoMo Agent Requirements

To become a MoMo agent, there are some basic criteria that you must meet before you can be certified as a MoMo mobile money transfer agent. Below are the required criteria;

  1. You must have a mortar, brick, or shop example Pharmacy and Mum shop located in high foot traffic.
  2. N20, 000 only will be required as your working capital.
  3. Must have a valid means of identification such as Driver’s License, National ID, International Passport, or Voters Card.
  4. A passport photograph is required.
  5. You must have a business that is existing or willing to invest in the agency business.

Benefits Of MoMo Agent

There are many reasons why you should become a MoMo agent.

  1. As a MoMo agent, you don’t need the internet to make your transactions, so it makes it cheap to run.
  2. It is very simple and convenient to other mobile banking financial services.
  3. You only need your mobile phone for the business.
  4. It is another means of generating income.

READ ALSO>>> Firstmonie Agent Registration | Requirement Guide

How To Become A MoMo Agent

Follow the below 3 simple steps to become a MoMo agent;

  • Visit any nearest MTN branch around you and collect the agent form and fill your details.
  • You can download the application form MoMo Agent Form
  • Wait for the field staff to contact you and confirm if you are qualified.

Click here to read up the MoMo FAQ.

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