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Mastercard has joined forces with MTN to enable millions of MTN MoMo customers in 16 African countries to shop and pay online with global merchants. Through a Mastercard virtual payment solution linked to MTN MoMo (Mobile Money) wallets, consumers can now unlock a host of opportunities and shop from their favourite international brands online while in their home countries or travelling abroad. The announcement comes at a time when eCommerce and online shopping are reaching record levels across Africa. According to the Economy 2021 outlook conducted by the Mastercard Economics Institute, 20-30% of the COVID-19-related surge in eCommerce will remain a permanent feature of overall retail spending. And shopping through mobile is largely how consumers access these opportunities. Across Sub-Saha...
Sourced from The Techie Guy Lonestar Cell MTN has partnered with Sendwave to enable customers to receive international remittances from the US straight into their Mobile Money accounts. MTN believes that using MoMo for international remittances and daily financial transactions makes life easier, safer and more convenient. “We are excited and very proud to be at the forefront of innovative financial technologies and partnerships which can help Liberians live convenient and safer lives. Our international remittances partnership with Sendwave does just that,” says Christopher Ssali, Acting GM of Lonestar Cell MTN Mobile Money. “What is even better is that with our rapidly expanding MoMo ecosystem, MoMo customers can use the money they receive to pay bills, buy goods and pay for services...
Sourced from The Techie Guy Lonestar Cell MTN has announced that Access Bank customers can now connect their bank accounts to their MTN Mobile Money (MoMo) accounts – this means that customers can conveniently send money from their MoMo accounts directly to their bank accounts. To use this service, Access Bank customers need to visit their nearest branch to link their bank account to their Mobile Money account and then simply dial *156*7# on their phones and follow the prompts. Customers will need to have their bank account numbers on hand to complete the setup process. Access Bank customers who are not yet registered on MoMo can join with a free sign-up process. All they need to do is visit any Lonestar Cell MTN service centre or registered MoMo agent with a valid identification card to h...