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How Do I Transfer Money Using MTN Mobile Money?

Published in Mobile Money Transfer 2 mins read

Transferring money using MTN Mobile Money is a straightforward and secure process that allows you to send funds directly from your mobile phone to another mobile user. This service is widely used for convenient personal and business transactions.

To send money via MTN Mobile Money, follow these simple steps:

Step-by-Step Guide to Sending Money

  1. Dial the USSD Code: On your MTN phone, dial *165#. This code opens the MTN Mobile Money menu.
  2. Initiate Transfer: From the menu options, select "Send money." You will then typically be prompted to choose the type of recipient; select "Mobile User" for person-to-person transfers.
  3. Enter Recipient's Details: Carefully enter the phone number of the person you intend to send money to. Double-check the number to ensure accuracy.
  4. Specify Amount and Reason: Input the exact amount of money you wish to transfer. You will also be asked to provide a reason for sending the money, which helps in tracking transactions.
  5. Confirm with PIN: To authorize the payment, enter your confidential Mobile Money Personal Identification Number (PIN). This step is crucial for security.
  6. Receive Confirmation: After confirming with your PIN, you will receive an SMS notification verifying that the money transfer is successfully underway.

Important Considerations for Transfers

  • Accuracy is Key: Always verify the recipient's phone number and the amount before confirming the transaction. Reversing incorrect transfers can be challenging.
  • PIN Security: Keep your MTN Mobile Money PIN confidential and never share it with anyone, including MTN staff.
  • Transaction Limits: Be aware of any daily or per-transaction limits that may apply to your MTN Mobile Money account.
  • Confirmation SMS: Ensure you receive the confirmation SMS as proof of your transaction.

This process enables quick and reliable money transfers, making MTN Mobile Money a popular choice for many users.