MTN MoMo Cash-out

MTN MoMo (Mobile Money) has revealed that its South African subscribers will now be able to cash-in and cash-out at Pick n Pay stores across the country, offering consumers a secure and cost-effective means of transacting that also alleviates the risks of managing cash.  “We’re pleased to extend our relationship with Pick n Pay by offering quick and convenient cash-in and cash-out services to our 2,8 million MoMo subscribers through Pick n Pay stores,” says Felix Kamenga, Chief Officer of Mobile Financial Services at MTN SA.   “Until now, MoMo customers have only able to cash-out through bank EFTs, at an MTN store or via a MoMo agent. Adding Pick n Pay to our offering will create greater convenience and accessibility for our customers – many of whom need to factor transport ...