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

FAQs

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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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