How To Become A MoMo Agent (All the MoMo Codes)

How To Become A MoMo Agent, Coming to Consider the long queues at the banks and the way networks are fluctuating nowadays, which makes USSD code transfer or mobile banking difficult, MTN provides a solution with its subsidiary company called Yello Digital Financial Services (YDFS).

YDFS solves this problem by registering and providing area stores with a Mobile Money (MoMo) wallet which makes it easy for you to perform financial transactions such as transferring and depositing money, buying airtime and data, and paying your utility bills.

With a valid proof of identification, a physical shop address in your area or community, and a working capital of N20,000 and above, you can register to become a MoMo agent. 

To find a MoMo agent in your area, simply Dial *671# and follow the prompt. After following all the processes you will get an SMS message with the address and contact details of the MoMo agents that is close to you.

Who Is A MoMo Agent?

An MTN MoMo agent or Mobile Money agent is an someone with a physical shop address in your area or community registered with YDFS (MTN’s subsidiary company) to provide you with mobile money services. 

If you are looking to send or deposit money, buy airtime and data, and pay your bills, the MoMo agent is at your service. With the MoMo agent’s POS machine, you need not to go through the stress of visiting a Bank to perform any financial transactions.

How To Get MoMo Wallet Code Number In Nigeria

Step 1: Dial *671# On Your Phone

• Simply dial *671# on your registered MTN phone number.
• You will get a reply telling you of a network charge of N6.98 on your wallet.
• Send ‘1’ to accept and proceed to the next step.

Step 2: To Create A 4-Digit Pin

• Create a 4-digit pin.
• Confirm the 4-digit pin.
• Authorize MoMo to use your NIN details to register an account for you.

Once done completing these processes, you should get an SMS message confirming the creation of your MoMo Wallet and your MoMo Wallet number.  Your MoMo account number will be your mobile number without the initial ‘0’ in the number.

How To Link MoMo Wallet To Bank Account In Nigeria

Step 1: Visit The Nearest Branch Of Your Bank

• Visit your bank and request the linking of your MoMo Wallet with your bank account.
• Provide your MoMo Wallet details and other necessary details.
• The bank staff will proceed to complete the process after you’ve confirmed your PIN.
• Once done you will get an SMS confirmation alert.

To send money from your MoMo Wallet to your bank account follow the steps below:

• Dial *502# with your MoMo Wallet registered phone number.
• Select “4” to access financial services and then “1” for bank transfers.
• After selecting the above, go on to choose “transfer to bank.”
• Select your linked bank account.
• Enter the amount you want to transfer.
• Confirm the transaction with your MoMo 4-digit pin.

Once done, you will get a prompt and later an SMS message containing the details of your transaction.

Read also: MTN MoMo POS Charges: Latest Rates in 2025

How To Fund MoMo Wallet

Step 1: Use Mobile Banking App

• Log in to your mobile banking app.
• Navigate to the transfer section.
• Select transfer to other banks.
• Select “Access Yello and Beta” as the bank name.
• Enter your MoMo Wallet account number.
• Confirm your MoMo Wallet name.
• Enter the amount to be transferred and confirm.
• Type in your mobile banking pin and complete the transaction.

Once the transaction is successful, your MoMo account will be credited.

Step 2: Through Other MoMo Agents

• Locate a MoMo agent using *223#.
• After finding an agent, deposit cash and give your MoMo wallet account number to the agent.
• Await the transfer.
• Once successful, confirm the funding with *502#.

To confirm if your MoMo account has been funded follow the steps below:

• Dial *502# with your registered MoMo wallet phone number.
• Send “5” to access “balance/commission.”
• Enter your 4-digit pin to confirm.
• The details of your MoMo Wallet account will be sent to you via SMS.

How To Become A MoMo Agent

To become a MoMo agent you have the option of:

• Take a walk to the nearest MTN office to pick a form.
• To self-onboard using a dedicated USSD code *671#.
• Visit www.mtn.ng to download an application form and then get contacted for a visit to ascertain qualification.

Before undergoing any of the registration processes, you need to fulfill some requirements which are:

• Have an existing business or be willing to invest in an agency business.
• Have a permanent retail shop location that is immovable.
• You must also have a  relevant means of identification (e.g Driver’s license,  international passport, Voter’s card, etc).
• Provide 1 passport photograph.
• Provide a working capital of N20,000 and above.

To register as a MoMo agent follow the steps below:

Step 1: Visit The Nearest MTN Outlet

• Visit the nearest MTN outlet/office closest to you.
• Pick up a MoMo agent registration form.
• Provide your details (a valid form of identification, a running capital of at least N20,000, and a store in your neighborhood).

Step 2: Dial *502# On Your Phone Number 

• Dial *502# on your registered MTN phone number.
• You will receive a prompt asking you to approve your SIM registration details to be used to open your wallet.
• Send ‘1’ to accept the terms and conditions.
• In the next step, create a 4-digit pin.
• Reconfirm your pin and create your wallet.
• After the process is complete, you get an SMS message confirming your new MoMo agent wallet.

Step 3: Download An Application Form

• Download an application form on www.mtn.ng.
• Print and fill in your personal details.
• Wait to be contacted by MTN field staff to fix a visit to ascertain your qualification.

How To Locate A MoMo Agent

USSD Code	Function
*502**00*9*6#	To add BVN
*502**00*9*7#	To ask for help
*502**00*9*5#	To liquidate your commission
*502**00*9*4#	To update the alternative phone number
*502**00*9*2#	To change your 4-digit PIN
*502*6*wallet pin#	To view your wallet balance
*502*4*1*account number#	To deposit money in the bank from MoMo
*502*00*9*3#	To view MoMo Mini-statement
*502*5#	To pay bills with MoMo

To find a MoMo agent, simply:

• Dial *223# on a registered MTN sim number.
• You get a prompt asking you to type in full, the first 3 letters of the state where you want to locate an agent.
• Do the above and type in the first 3 letters of the Local Government Area you want to locate a MoMo agent.
• You will get an SMS with the address and contact number of the MoMo agents available in your desired location.

FAQs: How To Become A MoMo Agent

Who Is MoMo Agent?

A MoMo agent is an individual with a store within your neighborhood or community duly registered with YDFS (MTN’s subsidiary company) to provide mobile money services to you. If you’re looking to perform financial transactions (such as transferring and depositing money, buying airtime or data, paying your utility bills, etc) the MoMo agent is at your service.

How Can I Open A MoMo Wallet Account In Nigeria??

To become a MoMo agent you have 3 options after meeting some requirements. You can register physically at an MTN office or online by downloading a form on www.mtn.ng and fixing a date to visit an MTN office or dial *502# with your registered MTN sim card.

How To Send Money Through A MoMo Agent?

If you want to send money through a MoMo agent you have 2 options. You can transfer money through your mobile bank app to the MoMo Wallet of the agent or deposit cash with the MoMo agent and provide the account details of the account you want the money transferred.