Key takeaways
- MTN MoMo Pay allows you to pay MoMo merchants directly from your phone using a merchant ID or a QR code.
- You can make payments by dialling *170# or using the MTN MoMo app.
- A 0.5% fee is charged from your wallet when you make payments via MoMo Pay.
MTN MoMo Pay allows customers to pay for products and services directly from their mobile phones. In this guide, we’ll explain how MoMo Pay works and how to use it for payments.
What is MTN MoMo Pay?
MTN MoMo Pay is a feature of MTN Mobile Money that enables customers to pay for goods and services directly from their MoMo wallets, eliminating the need for physical cash.
Payments are made using a unique merchant ID or by scanning a QR code linked to the merchant’s account. It’s designed to be fast, secure, and easy to use.
How to use MTN MoMo Pay?
You can make payments to vendors through two methods:
Method #1 – Using MoMo USSD code
Here’s how to pay vendors using the USSD code:
- Dial *170#.
- Select MoMoPay & Pay Bill.
- Choose MoMoPay.
- Enter the merchant ID.
- Enter the amount for the product or service.
- Add a reference.
- Enter your MoMo PIN to complete payment.
You will receive an SMS confirming the payment.
Method #2 – Using the MTN MyMoMo app
The MTN MoMo app enables you to make payments to merchants and view your transaction history. Here’s how:
- Log in to the MTN MoMo app.
- Select Merchant.
- Tap on Pay New Merchant.
- Scan the Merchant’s QR code or select Enter ID Manually to enter the ID.
- Enter the amount and reference, then select Next.
- Confirm the details and tap Pay Merchant.
The amount will be deducted from your account, and you’ll receive an SMS to confirm it.
How to collect payments through MTN MoMo Pay as a merchant?
To collect payments through MoMo Pay, you must first register for a merchant wallet. Once registered, display your Merchant ID or QR code at your business location. Customers can then pay you directly, and you’ll receive the funds instantly in your merchant wallet.
Tips for using MTN MoMo Pay safely
To protect your wallet and ensure secure transactions:
- Always verify the merchant’s details before making a payment.
- Keep your MoMo PIN confidential and never disclose it to anyone.
- Ask the merchant to confirm receipt of payment immediately.
- Add a payment reference to help track the transaction later.
FAQs
Can I use MoMo Pay if I’m not an MTN customer?
No, MoMo Pay is only available to MTN MoMo users.
What are the MTN MoMo Pay charges?
MoMo Pay charges a 0.5% fee from your wallet, which is lower than the 0.75% fee for transfers (MTN-to-MTN above GHS 100 and to other networks). It’s also more convenient, as vendors don’t ask you to add charges for withdrawal like they often do with regular MoMo transfers.
Can I use MoMo Pay without an internet connection?
Yes, you can use MoMo Pay even without an internet connection. Dial *170# to make payments offline.
Can I transfer money through MoMo Pay to another mobile money wallet?
No. MoMo Pay is for merchant payments only, not person-to-person transfers.
Can I use MoMo Pay to make online purchases?
Yes, you can use MoMo Pay for online purchases, provided the vendor has a merchant account.
What do I do if I don’t see the merchant’s name when entering the MoMo Pay ID?
If I don’t see the merchant’s name when entering the MoMo Pay ID, do not continue with the transaction. Always confirm the Merchant ID and name before proceeding.
Conclusion
MTN MoMo Pay makes it easy to pay for goods and services straight from your phone. Both methods above let you complete transactions quickly and securely. Merchants also benefit from fast payments and easy tracking.
Remember to follow the safety tips to enjoy a secure, cashless experience every time. Have questions? Please share them with us in the comments.
