MoMo (Mobile Money Rwanda Ltd)

MTN MoMo Rwanda (Mobile Money Rwanda Ltd) is the mobile money arm of MTN Rwanda, operating as a licensed fintech company that provides digital financial services through mobile phones. It is one of the largest and most widely used financial platforms in Rwanda, enabling millions of users to perform transactions without needing a traditional bank account.

MTN MoMo allows individuals, businesses, and institutions to send, receive, store, and manage money through a mobile wallet linked to their phone number. The service plays a major role in Rwanda’s financial ecosystem by supporting financial inclusion, digital payments, and cashless transactions across urban and rural areas.

SERVICES

• Mobile Wallet Services: Digital wallet that allows users to store money and perform financial transactions using their phone number.
• Money Transfers: Send and receive money instantly between MTN users and across networks.
• Cash Deposits & Withdrawals: Cash-in and cash-out services through a widespread agent network across Rwanda.
• Bill Payments: Pay electricity, water, TV subscriptions, school fees, taxes, and other utilities.
• Airtime & Data Purchase: Buy MTN airtime and internet bundles directly from the wallet.
• Merchant Payments (MoMo Pay): Pay for goods and services at shops, restaurants, and businesses using QR or USSD.
• Bulk & Salary Payments: Businesses and institutions can disburse salaries, allowances, and payments through MoMo.
• Savings & Financial Services: Access to savings products, insurance, and partner-based financial services.
• International Transfers: Cross-border remittances and international money transfer integrations.
• API & Business Integration: Payment APIs and tools for businesses to integrate MoMo into apps and platforms.

Countries