You can now send MTN MoMo to your bank its that simple now. MTN Mobile money service has been around for a while and has helped in circulating and changing of hands of money around the country Zambia. What is MoMo? MoMo is a service from MTN that offers a number of services including Bill Payment to Zesco for Home Electricity, Water Bills to Nkana and Lusaka Water and Sewerage Companies. Also through MoMo you can pay your Dstv and GOTv subscription
Mobile Money also allows to transfer money to a mobile money user registered account as well as non registered. Recently MTN has launched a further module in the MoMo service by introducing now a two way transaction between MoMo and the selected banks. Previously from my Barclays account i could send money directly into my MoMo. But from now on i can send money to the bank simply by choosing option 6 from the *303# Phone menu. The following banks have been listed to participate;
- Finance Bank
- ECO Bank
- Barclays Bank
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