Living at the edge of tomorrow means transferring, settling bills, and paying for supplies-all from your cellphone in real-time, anywhere, and anytime 24 hours through MTN MoMoBusiness. It is simple and safe. No endless queues and no carrying cash. MTN MoMoBusiness is a Mobile Money public web interface created to empower businesses of any size to digitize transactions.
Through MTN MoMoBusiness:
- Pay bills, salaries, and suppliers.
- Collect bulk payments.
- Transfer money to your bank account and from your bank account to your MoMo wallet.
- View statements-daily, weekly, and monthly transactions for up to three months.
- View reports.
- Create invoices.
- Buy airtime for your staff or on behalf of your customers.
How to become a MoMo Corporate
Step 1:
As an aspiring Corporate, you will need to first complete the application form, account handler form, and Mobile Money agreement form.
Step 2:
Based on the type of business you run; the following documents will be required:
Company
- Memorandum and Articles of Association;
- Resolution to open Account;
- Certificate of Incorporation;
- Trading License;
- Form J & C;
- Tax Clearance Certificate;
- Lease Agreement for Company Premises (Where Applicable) or proof of physical address for the entity;
- Proof of residence for Directors with more than 25% shareholding;
- National Identity document for all Directors.
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Partnership
- Copy of Constitution or Deed of Partnership;
- Partnership Resolution for Account opening;
- Proof of physical address for the entity;
- Proof of residence for Signatories/Partners;
- National Identity document for Signatories/Partners.
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Sole Trader
- Trading License;
- Tax Clearance Certificate;
- Proof of physical address for the entity;
- Proof of Residence for Sole Trader;
- National Identity document for the director.
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Cooperatives and Association Customers
- Constitution / Bylaws;
- Commissioner of Co-ops certificate;
- Proof of registration with FSRA;
- Minutes authorizing the opening of an account/ Resolution to open Account;
- Proof of address for Co-op;
- Proof of Residence of Signatories;
- National Identity documents for Signatories.
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Churches
- Church Constitution;
- Resolution to open Mobile Money Account;
- Signatories’ proof of residence documents;
- Proof of physical address (confirmed by letter from city council / Umphakatsi depending on the location of the church);
- Proof of Residence of Signatories;
- National Identity for Signatories.
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Sports Teams
- Constitution;
- Affiliation letter from recognized body e.g. Football Association; Swaziland National Basketball Association.
- Minutes of the meeting when the decision was taken to open an account/ Resolution to open Account;
- Proof of physical address
- Proof of Residence of Signatories;
- National Identity for Signatories
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Schools
- Letter from Regional Office (REO);
- School committee constitution;
- Minutes of the meeting when the decision was taken to open an account/ Resolution to open Account;
- Proof of physical address for School;
- National Identity for Signatories
- Proof of Residence of Signatories
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Non-Profit Making Organizations (NGOs)
- Constitution;
- Minutes of the meeting when the decision was taken to open an account/ Resolution to open Account;
- Proof of physical address for NGO;
- Proof of Residence of Signatories
- National Identity for Signatories;
- Other applicable documents.
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Step 3
Register as a Corporate
