How To Become MTN Mobile Money Agent 2021: Easy Steps

To Become an MTN Mobile Money agent you need to meet some requirements Here are the requirements which you are supposed to meet to become an MTN Mobile Money Agent.

• You must own a registered limited company or its equivalent
• You must fill in and submit a form known as the Agent Recruitment Form
• You must fill in and submit a form known as the Agent Account Handler Form
• You must meet the minimum Merchant/Agent code of ethics requirements

Registered limited company or its equivalent.

MTN mobile money registration requires the applicant to have a limited company or its equivalent. This requirement is necessary in ensuring that in case of an unanticipated occurrence, it’s easy to pay back your debts and customers as well.

Documentation requirements for an agent

Since MTN Mobile Money Agent is a form of business, the agent is required to have this official documentation. You are therefore needed to fill in and submit an agent documentation letter. I will show you how to get these Documents.

Agent recruitment form

This is also referred to as the MTN MOMO registration form. You can easily obtain the form from their website (I will show you how), and after filling in all the detailed marked as required, you should submit it for review. The details in this form include;

• Registered business name
• Business registration or trade number
• Assigned bank details
• GPS location.

Account handler form

Some of the requirements in this form are primarily the agent’s personal details, and they include;

• Your Full name
• Your Place of birth
• Your Date of birth
• Your Nationality
• Your Occupation
• Your National ID number

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Code of ethics

The MTN mobile money Ghana agent’s code of ethics refers to the dos and don’ts the agent needs to abide by to be in this business. The agent’s code of ethics form includes some of the following details;

• Customer identification guidelines
• Transaction guidelines
• Bribery, corruption, and fraud
• Money laundering
• Confidentiality
• Sanctions
• Rights of MOMO merchants
• Fees and commission
• Indemnities
• Political neutrality
• Business ethics
• Signature portion

To become an MTN Mobile money Agent you just need to simply follow the few steps below to start the registration process. 

Steps 

1. Dial *5051#
2. Select Register 
3. Select the region in which you want to operate the MTN mobile money.
4. After registration is complete an SMS with a ref no will be sent to your number. 
5. An MTN mobile money agent will be dispatched to inspect your location to see if you meet all the requirements of a good location to operate as a Mobile Money Agent.
6. After passing inspection, you must fill and submit the following forms for processing
   1. Merchant Recruitment Form 
   2. Merchant Account Handler Form 
   3. Merchant Agreement 

If all details are accurate, your merchant sim will be ready in 72 hours. For assistance or any questions please send an enquiry via the form below. 

Alternatively, you can dial *100 or call 0244300000 

You can also visit any MTN office across the country and ask for their help in setting up your MTN Mobile Money Business.

MTN mobile money merchant commission

you will receive some transaction benefits which are paid in terms of commission when you are an agent. The rewarding is done per every transaction the agent carries out, and it serves as the merchant’s profit. The agent’s commission structure is as follows;

• Withdrawal between 1GHC and 50GHC charges 0.50GHC
• Withdrawal exceeding 50GHC costs 1% of the withdrawn amount.