MTN Mobile Money - Afrikan Heroes

MTN Zambia Signs Landmark Digital Payments Deal with Hungry Lion Zambia

November 26, 2021

MTN Zambia’s Mobile Money division and fast food company Hungry Lion Zambia, have announced the launch of a new, landmark, digital payment partnership. New features stemming from this partnership will allow MTN and Hungry Lion customers to make payments in a safe, fast, secure, and convenient environment by approving the transaction, the customer gets the notification on their phone.

Speaking during a media briefing, MTN Mobile Money MD, Komba Malukutila noted that the payment system is evolving at an accelerated rate, accompanied by a shift in consumer behaviour.

“As MTN Mobile Money, we are constantly looking for new and innovative ways to offer convenience to our customers, because we see a tremendous growth opportunity in the use of technology. The adoption of cashless payments is growing globally and through our partnership with Hungry Lion Zambia we believe that we will be able to reach a wider audience which makes a significant contribution to the development of our economy,” Malukutila said.

“Our new offering with Hungry Lion is a secure payment platform that is designed to cater for individuals and will enhance the financial inclusion ecosystem by adding payments whilst enhancing customer experience through an expeditious payment process” he added.

He further highlighted that “MTN Mobile Money is excited to be at the forefront of the digital revolution and the addition of Hungry Lion Zambia contributes to our 30 plus locations countrywide that customers can use their Mobile Money”.

Speaking at the same event, Hungry Lion Country Manager Busu Mpepo noted, “We are thrilled to officially welcome MTN Mobile Money, or MoMo, as a new member to our Pride. Hungry Lion is always looking for ways to give customers more, not just more value, but also more choice, so this partnership just made cents!”

This integration, MTN says, puts Hungry Lion at the forefront of innovation in the fast food industry and supports their pursuit to invest in Zambia.

“A big part of growing our business in Mother Zambia is based on forming strategic partnerships like this one and it is with great pleasure that we welcome MTN MoMo as an in-store payment partner”, Mpepo concluded.

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry

MTN Now Has 42 Million Users Of Its Mobile Money Service In Africa

November 27, 2020

African telecommunications giant MTN recently released a statement. In it, the telecoms company claimed that its MoMo mobile money service recorded 42 million regular users in September. This crowd is spread across 16 different African markets. At the end of 2019 and mid-2020, they were 25 million and 38 million respectively.

In the second period mentioned, transactions were 11,752 per minute and had a value of $ 61 billion. The operator thus shows its ability to take advantage of the growth of mobile money in Africa. It is faster on the continent than in any other place in the world. MoMo is therefore a flagship product of MTN.

MTN mobile money MTN mobile money

Initially dedicated to depositing, sending and withdrawing money, the service meets many more needs now. Its users can use it as an electronic wallet, to take out loans, take out an insurance policy and transfer money. A range of possibilities that explain its success. This, especially since MTN reduced transaction costs this year.

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer

MTN Liberia and Sendwave Partner to Expand International Remittances

September 23, 2020

Lonestar Cell MTN has partnered with Sendwave to enable customers to receive international remittances from the US straight into their Mobile Money accounts. MTN believes that using MoMo for international remittances and daily financial transactions makes life easier, safer and more convenient.

“We are excited and very proud to be at the forefront of innovative financial technologies and partnerships which can help Liberians live convenient and safer lives. Our international remittances partnership with Sendwave does just that,” says Christopher Ssali, Acting GM of Lonestar Cell MTN Mobile Money.

Christopher Ssali, Acting GM of Lonestar Cell

“What is even better is that with our rapidly expanding MoMo ecosystem, MoMo customers can use the money they receive to pay bills, buy goods and pay for services they need by dialling *156#. If customers need to access cash, we have over 8,000 Lonestar Cell MTN cashpoints locations across Liberia to make this as easy as possible for them.” “We are truly excited about this because it makes our customers lives easier and better and we are supporting the government’s aim for a cashless digital economy and financial inclusion.”

For people outside of Liberia, simply download the Sendwave app from the App Store or Google Play Store, select Liberia as the destination and follow the in-app process (completing sender and recipient details along with payment information) to send money instantly.

“We are thrilled to partner with Lonestar Cell MTN to launch instant, low-cost money transfers from the USA to Liberian MoMo wallets. This service will empower people in the USA to send instant, low-cost transfers to their family and friends in Liberia right from the Sendwave app on their mobile phones. Recipients will also be able to quickly access these funds from the MoMo wallet on their phones,” says Alex Banks, Director of Growth for Sendwave.

“This partnership is both a huge step forward in supporting the government’s financial inclusion initiatives and in reducing the time and fees required to send remittances into Liberia, as well as a timely alternative to going in-person to send and receive funds”

Customers who are not on MTN Mobile Money can join easily and free-of-charge. All they need to do is visit any Lonestar Cell MTN service centre or registered MoMo agent with a valid identification card and fill out an application form.

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry

MTN Launches International Mobile Money Transfer in Liberia

August 11, 2020

Liberians in the diaspora will now have access to alternative means of remitting money home with the launching of MoMo international money transfer by Lonestar Cell MTN Liberia. With this development, Mobile Money customers in Liberia can receive money from their family and friends anywhere in the world directly to their MoMo accounts, free of charge with the launch of International Remittances. The International Remittances allows customers in Liberia to receive money from their family and friends anywhere in the world directly to their MoMo accounts according to the telecoms firm.

Confirming this, the Acting GM of Lonestar Cell MTN Mobile Money Christopher Ssali said that “many Liberians rely on international financial remittances from abroad. Most people endure long lines in packed banking halls to receive the cash sent to them by their loved ones. Now, with MTN MoMo Remittances, they can avoid the stress and the risks by receiving their remittances directly to their Mobile Money accounts.” He added that MTN is growing the MoMo family “so that our customers can enjoy a truly digital financial lifestyle where they can use the money they receive to pay bills, buy goods and pay for services they need with Mobile Money on *156#.”

“We are excited about this because it makes our customers’ lives easier and better and we are supporting the government’s aim for a cashless digital economy. This is our promise to our customers: when it comes to safe, secure and convenient digital payments, with MoMo, we’ve got you.” MTN says that the standard Mobile Money fees will apply if customers cash out the remittance or perform any other MoMo transactions.

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry