About
MTN Mobile Money (MoMo) is the e-money wallet of pan-African telecom group MTN, run market by market by local MTN companies, with Ghana and Uganda moving MoMo into standalone fintech entities. The wallet is used on the customer's mobile phone, including through the MoMo app, and MoMo agents handle cash deposits and withdrawals. Users send and receive money, buy airtime, pay bills and pay merchants through MoMo Pay. Across its markets MTN reported 69.5 million monthly active MoMo users, 1.4 million active agents and US$500.3 billion in transaction value for 2025.
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