MoMo

Corporate

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.
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.
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.
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.
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.
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
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
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.

Step 3

Register as a Corporate

Get in touch

Download the app!

Take care of your retail payments within the MoMo Services feature available on the My MTN app. Download the app and start buskin in a bold new digital world.

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