How MTN aims to revolutionise SA fintech with MoMo 2.0
TechCabal | Ephraim Modise - Oct 13, 2023
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  • MTN South Africa has launched the MTN MoMo 2.0 platform, which includes services such as MoMo Business Wallet, MoMo Eazi, International Remittances, a point-of-sale device, and a life insurance package.
  • MTN's reputation and user base within the mobile network industry in South Africa are expected to help with the adoption of the product.
  • The company plans to attract and retain customers by offering zero fees and adding value through technology and digitization.
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The launch of MTN MoMo 2.0 in South Africa is a strategic move by MTN to tap into the growing mobile money industry and serve the unbanked population. By offering a range of financial services through a super app format, MTN aims to provide convenience and value to its customers. The company's focus on partnerships and innovation shows its commitment to solving customer pain points and driving digital revolution in the country.
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