If you want to download the MTN MoMo app on your phone, you have come to the right place. Here you’ll find a list of important things you’ll need for the app, including the Android version, storage space requirements, and download the latest version. You’ll also learn how to check your balance and send money internationally with the app.
MoMo
The MT Momo app allows you to make payments at authorized merchants with just a tap of your finger. It allows you to pay bills and buy airtime and data bundles. You can even make donations to charities. You can also make online payments, including mobile phone bills. The app also has features that allow you to view and manage your payment history. For example, it shows recent transactions and outstanding balances. You can also set up automatic payments for a specified amount.
To check your balance, open the MTN Momo app and go to the “Balance” tab. Then, enter your customer number and mobile money PIN. Once you’re logged in, you’ll be able to pay bills, donate to charity organizations and pay at merchants using the app.
MoMo rates
The new MTN Momo rates make it much easier to withdraw money from your phone without a bank account. These new rates allow you to withdraw up to Shs2,500 without additional charges. You can also withdraw money from your MTN MoMo Wallet. However, before you withdraw money from your phone, you need to have a valid photo ID, which can be a voter’s ID, driver’s license, passport, SSNIT, national ID, or NHIS.
MTN MOMO rates are set at 2% for each transaction. However, this percentage tends to decrease after making several small transfers. The fee can never be more than 3,500 F. If you have a small mobile money balance, you will find this rate very convenient.
Checking your balance
The MTN Momo app has several features that make it easier to pay at the shops. For instance, you can donate money to kingdoms by scanning their QR code or entering the donation amount and a reason. You can also manage your bills and subscriptions from the app. The app also gives you a detailed account history. It displays recent transactions as well as pending approvals. You can also use the app to send money and make payments.
The MTN Momo app allows you to view your balance easily. You can also see your loan and savings amounts. In addition, you can also check your subscriptions and call history. If you have questions, you can also call the MTN call center.
Sending money abroad
MTN MoMo, also known as MTN Mobile Money, is a mobile app that allows you to send and receive money from almost anywhere in the world. The app works for domestic and international transfers and supports transfers within the supported African countries. MTN Mobile Money is one of several mobile money services available in Africa.
To use the MoMo app to send money abroad, sign up for an account with the company. Once you do, you will receive a 6-digit control number from the recipient. The recipient will then have to visit a MoMo agent in their country to claim their money.
Savings & loans details
If you have an MTN Momo account, you can view your savings & loan details in your account. This feature will enable you to monitor your balance and transfer money easily. It is possible to make payments and withdrawals from your account anytime. You can also schedule automatic savings. You can set the amount you want to save daily, weekly, or monthly. You will receive interest on the money you’ve saved every quarter.
MTN MoMo subscribers can also invest in financial assets through the XENO Investment service. The low-cost financial assets that XENO invests in will allow you to invest without incurring transaction costs. You can also track the performance of your investments and see how you’re progressing towards your goals.