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How To Become MTN Momo Agent and Make Money – How To Locate MTN Momo Agent Near You in Nigeria 

Have you ever wanted to start your own business and be your own boss? If so, becoming an MTN Momo agent is a great low-cost opportunity to earn additional income on a flexible schedule. MTN Momo is a popular mobile money service in Nigeria that allows customers to easily send and receive funds directly from their mobile phones. As an MTN Momo agent, you can register clients, conduct transactions on their behalf, and earn a commission on every transaction processed. 

In this article, I will provide a step-by-step guide on how to become an MTN Momo agent and make money by serving customers in your local community. I will also explain how you can locate active Momo agents near you if you need help getting started. By the end, you’ll have all the information you need to take advantage of this business opportunity and start profiting from mobile money transfers.

What is MTN Momo? 

Before learning how to become an agent, it’s important to understand what MTN Momo is and how it works. MTN Momo is a mobile money service launched by MTN Nigeria in 2009. It allows customers to complete financial transactions directly from their mobile phones, without needing a bank account. Some key features of MTN Momo include:

  • Send and receive money: Customers can instantly send money to other MTN mobile subscribers or accounts. They can also receive funds from others. 
  • Bill payments: Bills for utilities, TV subscriptions, loans, and more can be paid directly from the MTN Momo wallet. 
  • Airtime purchase: Top up airtime credits for yourself or others using Momo.
  • Merchant payments: Make purchases from participating merchants and pay directly from your Momo account.

By acting as an intermediary agent, you can help regular Nigerians access these convenient mobile money services even if they don’t have a smartphone.

How to Become an MTN Momo Agent

To become an official MTN Momo agent authorized to transact on behalf of customers, there is a registration process you must complete:

Meet the requirements: You must be 18+ years old, have a valid ID, have a location to operate your business, and pay the registration fee.

Attend agent training: Sign up for the free virtual or in-person training on Momo products, policies, and how to use the agent portal. 

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Apply online: Fill out the online application form providing your details, location, and supporting documents. 

Setup verification visit: After approval, Momo staff will visit your registered address for identification verification.

Fund your agent wallet: Deposit the required minimum opening balance which starts from ₦5,000. 

Get your agent kits: These include a signboard, receipt booklets, and other materials to start operations.

That’s all it takes to get started! Once registered, you can begin conducting transactions and earning commissions immediately.

Benefits of Being an MTN Momo Agent

Why should you consider becoming an MTN Momo agent? Here are some of the key benefits:

Potential for high profits: As agent transactions add up, so do your earnings. Profit margins range from 1-5% per transaction. 

Low start-up costs: Unlike other businesses, you don’t need much capital to begin. Funding your wallet is the biggest initial investment.

Flexible business hours: Run your agent point anytime that’s convenient as customers need money services around the clock. 

Be your own boss: Full control over how you operate the business and ability to expand your services over time.

Doesn’t this seem like a great low-risk opportunity to generate a supplementary income on your own terms?

How to Operate as an MTN Momo Agent

Once registered, here are the key steps to operate your Momo agent business successfully:

  1. Setup your agent point: Display signage clearly so customers recognize you easily. 
  2. Conduct know-your-customer (KYC) checks: Verify IDs for new subscribers and maintain detailed records as required.
  3. Learn the agent portal: Familiarize yourself with the online system to log in, check balances, initiate transfers, view reports etc. 
  4. Provide quality customer service: Be polite, patient and helpful to build a loyal customer base through great service.
  5. Attend periodic trainings: Stay up-to-date on new features, policies, security protocols through Momo’s training programs.
  6. Apply for higher transaction limits: As your business grows, you can request higher daily/monthly limits to handle larger volumes. 
  7. Remain complaint with all rules: Always follow Momo terms, maintain up-to-date licenses and permissions to avoid penalties.
  8. Maintain financial records properly: Keep organized accounting of all transactions for record-keeping, dispute resolution and audits.
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By sticking to best practices, you can run your agent point professionally and earn repeat custom over the long-run.

How to Locate MTN Momo Agents Near You

Now that you understand how to become an agent, here are some suggestions on how to locate available agents if you need help with Momo transactions:

  • Visit busy spots like markets, bus stations, shopping centers where agents commonly operate visible points. 
  • Speak to local shop owners and residents for referrals to nearby agents they may have used before.
  • Go through Momo’s website, apps or Google to find listings of active agents in your local area. 
  • They maintain directories of small local businesses including Momo agents that can help you.
  • Keep an eye out for clearly displayed Momo agent branding at physical stores, kiosks or homes.
  • Larger cities may also have manned Momo sales booths within MTN retail locations. 

Once you track down some options available close by, check their business hours and ratings if published before deciding who to visit. Have all account and transaction details ready when you go.


To summarize, becoming an MTN Momo agent is a low-cost yet highly lucrative business opportunity for entrepreneurs and individuals in Nigeria looking to earn extra income conveniently. 

By following MTN’s registration process and guidelines for agents, anyone can start accepting transactions and recieve commissions right away. Focus on providing excellent customer service to build loyal clients and grow your business over time through word-of-mouth referrals. With the huge demand for mobile money services, being a Momo agent ensures a steady stream of customers.

 I hope this guide has given you everything you need to get started as an MTN Momo agent or locate agent services near you with ease.


What is the code for the MoMo agent?

The code for a MoMo agent is *502# . To become a MoMo agent, dial *502# with your MTN phone number and follow the prompts. 

How much does a MTN SIM registration agent make?

An MTN SIM registration agent’s average net salary in Nigeria is ₦26,000 . However, as a MoMo agent, earnings are based on commission, not a fixed salary, with more transactions leading to higher commissions .

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