MTN Mobile Money charges for Money Transfer, Withdrawal, Bill Payment & more.

fthghana
fthghana September 6, 2022
Updated 2022/09/06 at 2:51 PM
MTN Mobile Money charges for Money Transfer, Withdrawal, Bill Payment & more., FTHGhana.net

Since the introduction of MTN Mobile Money, some customers and vendors/agents have been involved in a squabble over charges on MoMo transactions because several MoMo users are ignorant on such issues.

However, we advise each customer to know the specific MTN mobile money Tariffs they are expected to pay in order to gain an upper hand when using these services.

With MTN money, you can send and receive money, top-up MTN airtime, pay bills (DStv, ECG Postpaid, MTN Postpaid, School fees and more), buy & pay for insurance, pay employee salaries, pay for airline tickets and other goods and services.

In this article, we will educate MTN Momo customers to understand the charges involved in the transactions and their MoMo Transaction Limits.

Below are the Charges for Mobile Money Transactions, Airtime Top-Up, Bill Payment, Money Withdrawal and more.

Fees for MTN MoMo Transactions

Transaction Point Services Minimum Value GHC Maximum Value GHS MoMo Charge Tax Charge
Subscriber *Money Transfer (P2P) 1 50 GHS0.38 1.50%
Above 50 1000 0.75%
Above 1000 N/A GHS7.50
Money Transfer ( to Merchant MSISDN) 1 50 GHS0.50 *N/A
Above 50 1000 1%
Above 1000 N/A GHS10
MoMo Pay (Merchant ID & QR) 1 1000 0.5% *N/A
Above 1000 N/A GHS5
Money Transfer (A2C) 1 50 GHS1.5 N/A
Above 50 1000 3%
Above 1000 N/A GHS30
Transfer to Other networks 1 50 GHS0.38 1.50%
Above 50 1000 0.75%
Above 1000 N/A GHS7.50
Merchant Money Transfer (Merchant to Agent) 1 1000 1% N/A
Above 1000 N/A GHS10
Money Transfer (Merchant to Subscriber) N/A N/A Free N/A
Money Transfer(Merchant to Merchant N/A N/A Free N/A
Bill Payment Airtime Top-up 1 100 Free N/A
PostPaid N/A N/A Free N/A
GoTV (Agent) 1 and Above GHS 1 N/A
GoTV (Subscriber) 1 and Above GHS 0.50 N/A
DSTV (Subscriber) N/A N/A Free N/A
DSTV(Agent) N/A N/A Free N/A
ECG (Subscriber) N/A N/A GHS0.5 N/A
ECG (Agent) N/A N/A GHS0.5 N/A
Ghana Water (Agent) N/A N/A Free N/A
Ghana Water (Subscriber) N/A N/A Free N/A
Box Office N/A N/A Free N/A
Startimes N/A N/A Free N/A
School Fees (Agent) N/A N/A GHS2 *N/A
School Fees (Subscriber) N/A N/A GHS2 *N/A
Agent Money Transfer (C2C) 1 50 GHS2.5 N/A
Above 50 1000 5%
Above 1000 GHS50
Cash In 1 N/A Free N/A
Cash Out 1 50 GHS 0.5 N/A
More than 50 N/A 1%
More than 1000 N/A GHS10
Bank Integration Transfer to Bank (Subscriber & Agent) N/A N/A Free N/A
Transfer to Bank (Merchant) 1 1000 1%
Above 1000 N/A GHS10
Transfer from Bank N/A N/A Free
Account Mgt. Balance Enquiry N/A N/A Free N/A
*Mini Statement N/A N/A GHS0.01
Statement Request N/A N/A GHS0.50
ATM ATM Token 5 50 GHS0.50 N/A
Above 50 400 1% N/A

 

How to Check your MTN Mobile Money Limit

On MTN, Customers with a limit of GHS300 can transact with an amount of GHS1, 000, whereas limits of GHS2,000 and GHS5000 can transact with values of GHS5,000 and GHS10, 000 respectively. Also, Customers with limits of GHS1, 000, GHS 10,000 and GHS 20,000 can continue to transact in values of GHS2, 000, GHS15, 000 and GHS 30,000 respectively.

To Check your MoMo Limit, kindly follow the procedure below;

  1. Dial *170# and Send
  2. Select 6 to access your Wallet
  3. Dial # for Next Page
  4. Select 8 for Wallet Limits
  5. Enter Pin and SendMTN MoMo Limit 500x384 - MTN Mobile Money charges for Money Transfer, Withdrawal, Bill Payment & more.
Share this Article
Leave a comment

Leave a Reply

error: