Mobile money also known as MoMo is a very common business in Ghana because of its demand as electronic cash (e-cash) exist. Mobile money is the general name first introduced in by Ghana by MTN group.
Requirement to start Mobile money business
To engage in mobile money business you should be informed that you need to first conduct market survey. Mobile money is divided into many according to the telecom networks in the country.
In Ghana Mobile Money was dominated by MTN, then T-cash or telecel cash by Telecel, AirtelTigo money by AirtelTigo.
The most popular and common mobile money is MoMo by MTN. In this article we shall discuss how to acquire Agent sim from MTN Ghana.
Agent sim is a type of registered sim purposely for mobile money transaction business.
To get agent sim, please follow the steps below for qualification. Please be informed that MTN Officers will visit your place intended for business before granting sim access.
- Set up your shop, which should be at least 500 meters far from the closet or nearest mobile money vendor. This means if there is mobile money close to your shop, you will not be allowed according to MTN.
- Register the business to acquire business certificate. Business certificate is compulsorily needed to register for MoMo agent sim on all network/Telecom.
- You must have National Identity Card of Ghana (Ghana Card).
- You need to have some trading capital for the business.
- You must be free from financial crime. This means if you have been arrested for fraud, scam or hack activity, you will not be given access.
- If all above is set then visit the MTN officers in Town for processing or visit the nearest MTN branch.
- After submission of document, MTN Officers will manually visit your shop for authentication.
- Once every thing is set then you are good to start business.