MTN Group and MFS Africa have announced the launch of the online money transfer service MTNMMO.com.<\/p>\n
The service enables MTN Mobile Money customers to receive international remittances directly on their mobile phones.<\/p>\n
It is already live for transfers to Rwanda and Cote d\u2019Ivoire and will be rolled out across other MTN Mobile Money markets, including Benin, Cameroon and Ghana later this year.<\/p>\n
Senders can register on the website www.MTNMMO.com from anywhere in the world and remit funds by simply entering a beneficiary’s mobile phone number. Funds are delivered immediately to the beneficiary\u2019s MTN Mobile Money account at attractive price levels.<\/p>\n
While Mobile Money customers today can already send and receive domestic remittances, the MTNMMO.com service opens up MTN Mobile Money to receive international remittances through a fully integrated and secure platform. The MTNMMO.com service marks an important step in MTN\u2019s ongoing partnership with MFS Africa to introduce simple and relevant financial services.<\/p>\n
\u201cIntroducing MTNMMO.com together with MFS Africa is a logical step in the development of MTN Mobile Money across our networks,\u201d said Christian de Faria, MTN group chief commercial officer. \u201cWe expect that just as MTN Mobile Money has changed the way people receive local remittances in each of the countries we operate, MTNMMO.com will change the way people receive international remittances. With MFS Africa as a partner, we look forward to expanding MTNMMO.com to other markets,\u201d de Faria added.<\/p>\n
Filip Nilsson, vice president Money Transfer at MFS Africa says MTNMMO.com is a clear example of how the combination of technology and innovative ideas can transform existing financial services; simplify them, make them more widely available and affordable to people.<\/p>\n
\u201cPartnering with MTN to launch MTNMMO.com provides tangible value to MTN Mobile Money customers and their families. The service also extends the benefits of mobile wallets to the African Diaspora \u2013 sending money home to their loved ones is easier than ever,” concluded Nilsson.<\/p>\n","protected":false},"excerpt":{"rendered":"
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