Don’t know how to get your Momo Pay Merchant Code? Merchants can use MTN Mobile Money to pay for their goods and services through Momo Pay.
Customers and business owners can access it by dialling *165*3#. Merchants can use MoMoPay to pay suppliers, pay salaries, sell airtime for a commission, pay employees, and transfer money to the bank.
Requirements for getting the. MoMo Pay Merchant Code
You will be required to present the following requirements to get the Momo Pay Merchant Code
- Your name
- Your business
- The goods you sell
- Contact number.
- Location.
- Name of your business
Obtaining a MoMo Pay Merchant Code
To register your company for MTN MoMoPay, there are two options available. Number one;
You may visit the nearby authorized MTN store
Bring the necessary documentation to the nearby MTN-authorized store in your region. If you are eligible for the services, you will immediately receive the merchant code after filling out the form and providing all the necessary information to the customer care representative.
Request MoMo Pay services via email.
Send an email to MoMoPayRegistration.Ug@mtn.com along with photocopies of your national identification card, the name of your company, a phone number, the address, and the certificate of incorporation.
Any of the two ways of getting a MoMo Pay Merchant Code can work.
How to Use MTN MoMoPay to Pay for Goods and Services
- Dial “*165*3#” and hit “OK.”
- When prompted, enter the merchant code. You can inquire about the merchant code from the office or shop employee, or it will be displayed at the store.
- Enter the amount of money to be paid
- Choose a payment option. You have the option of paying using MTN Mobile Money or MTN Loyalty Points.
- Review the payment information, then confirm it using your mobile money pin.
- Show the person offering products or services the confirmation message you get once you have received it. They’ll be revised as well.
Selling airtime or processing payments on behalf of customers can generate a payment for merchants. If the business is big, there is also an opportunity for merchants to pay suppliers and pay salaries.
MoMo Pay Service Rates
- The MoMoPay service is free.
- Formal merchants will pay 2% of the money they get in fees.
- The fee for informal merchants is 1% of the money received.
Conclusion
This article clearly explains how one can get a Momo Pay Merchant Code. As a retailer, this service could be beneficial for you as you make extra income and also provide customers with a variety of means to make payments. Register your business today and get a Momo Pay Merchant Code to make transactions.
