MTN South Africa Collaborates with Ozow to Further Simplify MoMo Transfers

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MTN South Africa Collaborates with Ozow to Further Simplify MoMo Transfers

The effect of the Coronavirus pandemic on the economy of many nations has forced lots of organizations and companies to diversify and partner with other businesses that complement their services to stay relevant.

In the last couple of months, MTN Group has partnered with a lot of other African startups to boost the use of its services, especially the Mobile Money service.

Now, MTN South Africa has joined forces with Ozow to ease and make the loading of funds simpler for MoMo users.

‘’We see this partnership as another vital step towards achieving our goal of side-lining cash and enabling greater digital and financial inclusion for the citizens of South Africa,’’

‘’The rapid growth of mobile money services this year suggests an increasing demand for safe, secure, and reliable ways to save, send, and spend money through their mobile devices,’’ says Thomas Pays, CEO and co-founder at Ozow.

MTN MoMo service launched earlier this year. As at June 2020, the service has recorded over one million users.

With MoMo, not only can you save and spend, but the platform also provides the users with a host of value-added services such as the purchase of products online through affiliated eCommerce platforms, renewal of car license, and the payment of utility bills.

‘’To better serve our customers, we continue to introduce innovative features to benefit our customers. Over the past months, we’ve successfully introduced a couple of new features to MoMo users,’’

‘’Clearly, Ozow is another step towards making it more secure and safer for millions of South Africans to perform mobile transactions conveniently through a USSD code or the MoMo app,’’ says Felix Kamenga, Chief Officer of MTN Mobile Financial Services, South Africa.