While the digital era is taking over almost every aspect of our lives, Nigeria is not left out in the transition from paper currency to electronic currency which comes in various forms. Process On How To Open A Mobile Money Account In Nigeria. One can open a mobile money account in Nigeria provided they own a registered cell phone sim card.
Mobile Money is a secure electronic service that enables mobile money ‘wallet’ holders to store funds, send and receive money, make payments and do a number of other transactions simply using their mobile phone in Africa. This writer has decided to interact with how you can open a mobile money account in Nigeria with MTN.
MTN Mobile Money is offered by MTN in partnership with over 10 partner banks, in a number of countries across Africa. Below is an explanation of how the system works:
“MTN Mobile Money stores funds in a secure electronic account linked to an MTN mobile phone number. Before sending funds, please check with your recipient that they have a registered MTN Mobile Money account.”
In Nigeria MTN has dedicated Agents from whom you can buy sim cards and get assistance on registering your ‘MTN Mobile Money Wallet.’
“How is MTN Mobile Money used?
MTN Mobile Money wallet holders can use their mobile money account in a number of ways. They can:
Receive and store money
Send money to any MTN mobile phone user – registered or not.
Send money to mobile phone users on other local networks. Withdraw cash at any authorized MTN Mobile Money agent Top-up MTN airtime Pay bills Buy and pay for insurance
Pay employee salaries, airline tickets, school fees and other goods and services.
How can I check my MTN Mobile Money balance?
There are a number of ways to check your MTN Mobile Money balance. But the best way is with the MTN mobile app. After learning How To Open A Mobile Money Account In Nigeria, you will notice among other things, it allows you to check your balance and check rates. It also offers you a better way to control all of your MTN mobile services.
Can MTN Mobile Money users receive money from abroad?
Yes. With WorldRemit you can receive money from over 50 countries into your MTN Mobile Money wallet in these countries:
Republic of Guinea
And remember, the fastest and most efficient way to receive money from abroad is to do it on the World Remit app.”