A new deal between MTN and Visa will enable MTN Mobile Money users to make face-to-face and online transactions wherever Visa is accepted.<\/p>\n
MTN customers\u2019 devices will be able to pay using their MTN Mobile Money account in stores with Visa Points Of Sale (POS).<\/p>\n
In addition, customers will be able to make online payments at all Visa merchants and withdraw money from their MTN Mobile Money account at any Visa ATM.<\/p>\n
\u201cThe partnership between MTN and Visa will provide MTN Mobile Money customers with access to the entire Visa network, which includes merchants, online vendors and ATMs, to enable a \u201cmobile\u201d payment experience,\u201d said Pieter Verkade, MTN Group chief commercial officer.<\/p>\n
The service is will be made available to\u00a0customers in Ghana first,\u00a0before the end of the year. The service will then progressively be rolled out across the MTN footprint.<\/p>\n
MTN Mobile Money enables users to do national and international money transfers, make utility and other service payments, purchase airtime, access insurance and financial products and make retail payments.<\/p>\n
At 30 September 2013, MTN Mobile Money had 13.4 million registered users, and was available in 13 countries.<\/p>\n
Visa not planning e-wallet fee<\/strong><\/a><\/p>\n