MTN Momo Pay is cashless transactions service hosted on the MTN Mobile money framework. While the recent Momo nyabo promotion sparked off flames of competition from the leading rivals like Africell which has a weekly data offer and Airtel’s simple pin reset tricks. Momo Pay is one service that everyone needs once in a while since you enjoy tax-free transactions when shopping.
So What is MTN Momo pay all about
MTN Momo Pay is more of a payments service by the Yello team. Unlike any other digital payment platforms trailing as a Mobile money tax solution, the momo pay service can only be used to pay for goods when shopping. Although URA collects mobile money tax from operators every month, the momo pay service is tax-free and checks in with no levied taxes. Henceforth, Let’s find out how you can use the Momo Pay service same way you can rely on the My MTN app.
How to use MTN Momo Pay and Save money when transacting
Apart from Mobile money and OTT Tax which are some of the mandatory July babies, To use momo pay you will only need an active mobile money account. In the same manner proportional to the Momo (Mobile money) shortcode, option 3 guarantees you of a Tax/charge free pay to your local vendor or supermarket. But then, let’s dive deep into the procedures.
How it works
- Dial *165# and select option 3 (*165*3#)
- Enter Merchant code
- Review Merchant name and Enter Amount
- Enter Pin to confirm payment and receive your receipt from the merchant
With the above procedures, paying your local vendor/ merchant will be that easy with no transaction tax attached but just a virtual cash payment. Therefore, Momo pay is at least one of the exciting free services that may rule for a while given the fact that the telco’s Bosco AD still rules the airwaves as Airtel or Africell may have to reply to the so far Virgin virtual payments market.