Expert tips, strategies, and resources to
maximize your profits and expand your
MoMo operations.
Expert tips, strategies, and resources to
maximize your profits and expand your
MoMo operations.
"Since I started working with Fido, my daily earnings increased by 40%" - Akosua M., Tema"
"The expansion strategies helped me grow my business to 3 more locations" - Kwame A., Kumasi
"I needed more cash to grow. Fido’s loan helped me expand."
- Lawrence K., Bono
.jpg)
All you need is your MoMo statement to apply for a loan.
Select your desired amount, and funds will be quickly disbursed to your mobile money wallet.
Repay your credit conveniently using the app or our *998# USSD shortcode
Get expert strategies and float management advice - all in one free guide.
.png){kind=small}
Agent earnings vary by location and transaction volume, but successful agents in high-traffic areas can earn GHS 50-200 daily through commissions, with additional revenue from value-added services like airtime and bill payments.
Initial capital requirements typically range from GHS 2,000-10,000 for float management, plus registration fees and basic equipment. Location and expected transaction volume determine your optimal starting capital.
Use the MoMo app (*170#) or portal to link your merchant wallet directly to your bank; merchant transfers are free; banking fees apply on cash-outs via agents
OTPs and online signup are instant; SIM issuance timing may vary slightly but is typically quick after portal submission.
To boost your earnings as a mobile money merchant, you can offer airtime and data top-ups, bill payment services (like ECG and GWCL), SIM card registration, and sell phone accessories.
MTN Mobile Money agents earn two types of monthly commissions: one for cash-in and another for cash-out transactions. For cash-out, agents receive GHS 0.20 for amounts under GHS 50, 0.4% for transactions between GHS 50 and GHS 2,000, and a flat GHS 8 for amounts above GHS 2,000.
