How To Become MTN Momo Agent and Make Money - How To Locate MTN Momo Agent Near You

Long lines at banks and unstable network connections for USSD code payments or mobile banking are problems that MTN's subsidiary, Yello Digital Financial Services (YDFS), aims to solve.

YDFS deals with these problems by working with local shops and giving them a Mobile Money (MoMo) wallet. This makes it easier to do financial activities like depositing money, sending money, buying airtime and data, and paying bills.

Nigeria's most popular mobile money service, MTN MoMo, lets you do more than just give and receive cash. This is a great place for smart businesspeople like you to do well. If you want to be financially free and reach your full potential, becoming an MTN MoMo agent is the way to go. 

You can sign up to be a MoMo agent if you have a valid form of ID, a fixed shop address in your community or neighborhood, and N20,000 in working capital. But how do You open this door? 

This post will cover How To Become MTN Momo Agent and Make Money - How To Locate MTN Momo Agent Near You.

Why become an MTN MoMo Agent?

Becoming an MTN MoMo Agent gives you a lot of perks besides just extra airtime. This is why it's an exciting chance:

Lucrative Business Opportunity: If you become an MTN MoMo Agent, you can take advantage of a good chance to make money in the mobile money market, which is growing quickly. This lets you get paid commissions and other rewards for the deals you help make happen.

Increased Revenue Streams: As an agent, you can make extra money by offering different financial services, such as cash deposits, withdrawals, and money exchanges. A lot of different kinds of people are interested in these services.

More customers and foot traffic: Being an MTN MoMo Agent can bring more people into your business, including people who are looking for easy and quick access to banking services. This could lead to more people buying from your business as a whole.

Support and training that are thorough: MTN gives its MoMo Agents thorough training and support. In this way, you can be sure that you have all the information and skills you need to help customers and keep deals safe.

Innovative Technology Integration: MTN MoMo gives new technology that is easy to use, which makes transactions smooth for both customers and agents. The mobile money tool works better and is more reliable now that technology is being used together.

Flexible Working Hours: As an MTN MoMo Agent, you can choose your own work hours. In this way, you can run your business effectively while also fitting your own plan.

How To Become MTN Momo Agent and Make Money - How To Locate MTN Momo Agent Near You

How To Become MTN Momo Agent and Make Money

Step 1: Make sure you meet the requirements listed below.

What a MoMo agent needs to do

  1. Run a business that already exists or be ready to put money into an agency business.
  2. Have a physical store (like a pharmacy or a mom-and-pop shop) in an area with a lot of foot traffic.
  3. Show a legal form of ID, like a voter card, national ID, driver's license, or passport from another country.
  4. Get ready to give one photo from your passport.
  5. Can provide a working capital of at least N20,000.

Step 2: Get the form at the MTN store closest to you and fill it out.

Step 3: Visit to download an application form

Step 4: The field staff will get in touch with you to set up a time to visit you and see if you're a good fit.

Self-Onboarding for MoMo Agent Enrollment

  1. Dial *502# with your MTN phone number.
  2. You will be asked if you agree to your MTN SIM register information being used as your MoMo wallet ID during the KYC process.
  3. If you agree to the Terms and Conditions, click "Yes" to move on to the next step.
  4. Follow the prompts to make your 4-digit PIN.
  5. Check your 4-digit PIN again.
  6. It's time to make your new MoMo Agent bag.
  7. You will get USSD and SMS alerts letting you know that your new MoMo Agent wallet has been created.

How To Locate MTN Momo Agent Near You

There's no need to endlessly wander! Here are three methods for finding your local MoMo Agent:

  1. On your MTN line, dial *223#: Choose "Locate Agent," then your state and local government region, and you're done! A list of local agents appears.
  2. Install the MTN MoMo app: Open the app, select "Find Agent," and grant access to your location. The app will show a map of nearby agents.
  3. Ask around: Your neighbor, the neighborhood shopkeeper, or even the bus driver may know where the nearest MoMo Agent is located.

Requirements to Become an MTN Momo Agent 

MoMo Agent Requirements

  1. Operate an existing business or be willing to invest in an agency business.
  2. Possess a Brick & Mortar/Immovable retail shop (e.g., Pharmacy, Pop & Mom Shop) situated in a high foot traffic area.
  3. Provide a valid means of identification (National ID, Driver’s License, International Passport, or Voters card).
  4. Be prepared to submit one passport photograph.
  5. Have the capacity to furnish a Working Capital of N20,000 and above.


How to become MTN MoMo agent?

There are three ways to become an MTN MoMo Agent:

  1. Dial *502# on your MTN line: Accept the terms and conditions, create a PIN, and fill out the online application form.
  2. Visit an MTN Service Center: Bring your valid ID, proof of address, and working capital (around N20,000 minimum). Fill out the form and submit it along with the documents.
  3. Download the MTN MoMo Agent app: Follow the registration steps within the app.

How do I find my MoMo account number in Nigeria?

To obtain your MoMo number in Nigeria, you can follow these steps:

  1. Dial *671# on your phone.
  2. Enter your NIN (National Identification Number).
  3. Create a 4-digit PIN.
  4. Confirm your PIN.

How do MoMo agents get paid?

MoMo agents earn commissions on various transactions they facilitate, including cash transfers, bill payments, airtime/data top-ups, and cash deposits/withdrawals. The exact commission rate varies depending on the transaction type and amount.

Agents receive their commissions electronically into their MoMo wallets or bank accounts at the end of each business day. They can then withdraw the cash or use it for personal or business transactions.


Follow the steps outlined above to get started with making money as a MoMo agent.

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