Step by step instructions to Register As A MTN Mobile Money Agent/Merchant For Commission
Versatile Money exchanges have turned into a necessary piece of the financial framework in Ghana. Numerous individuals have come to love executing their everyday business through this new type of banking in the nation.
With the headway in Fintech and the appearing of the interoperability framework, a ton of endeavours thinks that its simple to acknowledge MOMO payment rather than physical money payments.
Today, practically all the system suppliers in the nation have executed some type of the portable financial framework. We have seen any semblance of MTN portable cash, Vodafone money and afterward later AirtelTigo Cash Payment framework. Be that as it may, taking a gander at the insights, MTN versatile cash exchange is as yet the main portable financial framework as it stands today.
As a result of the ascent in the interest for MOMO exchanges outlets, MTN and the various versatile cash suppliers have extended their outlets to any individual who is qualified and accordingly wishes to fill in as a seller for a commission.
The specialist organizations have put in certain prerequisites that you have to meet before you turned into a certified candidate for the MOMO business.
Prerequisites to be a MTN Mobile Money Merchant
For you to turn into a vendor working for MTN, for a commission you should meet the accompanying necessities.
Must have an enrolled company(limited) or its equal
Fill and submit Agents Recruitment Form
Fill and submit Agent Account Handler Form
Operator/Merchant code of morals
Enrolled Company (restricted)
For you to be an effective candidate, you are required to have in any event a restricted organization or its comparable. This is to guarantee that, if there should arise an occurrence of unexpected conditions, you can without much of a stretch reimburse your obligation and that of your clients.
Operator Documentation Requirements
Each business in Ghana must have official documentation to make it a coupling one between the gatherings included. Being an operator implies you and MTN are entering in some sort of business which picks to tie. this archive will fill in as an offering contract letter. So in other to be issued the thumbs up to begin a vendor business, you are required to fill and present the operator documentation letter.
Operators Recruitment Form
Enlistment structure, otherwise called MTN MOMO enrollment structure. This structure incorporates subtleties like Registered Business Name, Trade No./Business Registration No, Assigned Bank, Agent Ghana Post GPS Location and so forth. You have to give every one of the subtleties set apart as required with a reference mark. When you are done then you submit it for a survey. Get the structure Here
Operator Account Handler Form and Agent/Merchant code of morals
The data required here incorporates the operator’s close to home subtleties, for example, complete name, date of birth, spot of birth, nationality, occupation, Voter ID or any of the National ID’s. The code of morals likewise has to do with the specialists consenting to keep the business morals. The handler structure and that of the code of morals can likewise be found here.
Forthcoming Agents should likewise meet the required structure and area prerequisites as set as per EMI (E-cash Issuer) rules. The auxiliary necessities are as per the following:
The lasting structure as Brick and Mortar, Semi-changeless structure is required for an Agent outlet. These structures ought to be put inside 50-100 meters’ range.
Wooden structures and Umbrella outlets ought to have stayed away from as they don’t fulfill the guideline prerequisite. forthcoming Agents are additionally required to have a startup capital of GHS 4,000.
In the wake of gathering the structure and are a necessity, and presented your application, you should hang tight for once in a while before you get input from MTN.
The accompanying focuses ought to be noted whiles you trust that your application will be prepared:
MTN Mobile Money focus will react by means of email or telephone to all endless supply of their application.
Applications got will be screened to guarantee they meet all necessities.
False reports exhibited during the applications procedure is esteemed to be a criminal offense and MTN Mobile Money maintains all authority to dismiss any applications that don’t meet the prerequisites.
Handling of a fruitful application will take a base or limit of 23 working days from the date on which your application is gotten.
Fruitful candidates will be informed about the status of their application through email or telephone endless supply of administration.
MTN Mobile Money Agent Commissions Structure
As a versatile cash operator, you get a few advantages as far as commissions. MTN portable cash operator gets remunerated commission per each exchange the did. This commission fills in as a benefit for these operators.
The commission expenses are organized in the accompanying ways:
Any withdrawal between GHS 1 to GHS 50 draws in a charge of GHS 0.50 whiles withdrawal above GHS 50 gets a deducted expense of 1% of the cash to be pulled back.
You can peruse more on these charges and expenses from the Official MTN Page. This is the place we arrived at a part of the bargain. Expectation you think that its supportive. In the event that you do please share on all the stage, you get yourself.