How can I make online payments in Uganda? This is one of the most common questions I get from people across Uganda who are unaware of MTN Momo card.
Until recently Ugandans without credit cards, debit cards and bank accounts always found a challenge when it came to processing online payments from paying utility bills or registering for an online service.
This is the best solution for making online payments in Uganda.
This however is now history thanks to MTN’s Momo card which came as a result of a partnership between the telecom giant and MasterCard to offer customers the ability to make online payments using a virtual card payment method.
All MTN Uganda customers can now apply for the virtual credit card.
- 1 What is MTN Momo card?
- 2 Who can use the Momo virtual card?
- 3 How many cards can I create?
- 4 How can I create the virtual card?
- 5 How much does MTN Uganda charge for the card?
- 6 How much does each transaction cost?
- 7 How long is the virtual card valid?
- 8 What is the maximum amount of money one can have in their mastercard debit card?
- 9 Conclusion
What is MTN Momo card?
Momo card is a virtual card available to MTN Uganda Mobile money customers that allows them to process online payments with ease at the comfort of their homes.
It works like a credit card /debit card the only difference being that the money to be used for any online payment is deducted from the customer’s mobile money account.
Like a debit card/credit card that is linked to a customer’s bank account, the MTN Momo card is linked to a customer’s MTN Mobile Money account.
Who can use the Momo virtual card?
The virtual card is accessible to all MTN customers with an active mobile money account.
How many cards can I create?
Currently each customer is entitled to only one card which can be renewed once it expires.
How can I create the virtual card?
Here’s how to create the virtual card by MasterCard. Creating the card is a very easy process.
Simply dial 16570# and select option 1 to create your card.
You will then be prompted to enter your MTN Momo pin to make a payment for your card.
After that a 16 digit virtual card number together with the CVV (Security code) number will be sent to your phone via an SMS notification.
Note: You will be charged a one-time non-refundable fee of 1000 Ugshs to create your virtual card.
This payment of Ugshs 1000 will always be charged each time you create a new virtual card.
The virtual card can also be used for paypal.
Read Also:5 Simple Ways To Avoid Bankruptcy
How much does MTN Uganda charge for the card?
At the moment, a customer is only charged a non-refundable fee of Ugshs 1000 to create the Momo card.
How much does each transaction cost?
Every payment made using the MTN Momo card will be charged 3% of the transaction amount.
How long is the virtual card valid?
Each MTN Momo card is valid for only 14 days. After the 14 day period you are eligible to create another card at a cost of only UGX 1000.
What is the maximum amount of money one can have in their mastercard debit card?
MTN Momo has a maximum value of UGX 3000,000.
If you are having trouble making online transactions because you don’t have a card, then the MTN momo card is the solution you have been waiting for.
It’s an effective solution that I have personally tried and it works perfectly well.
Did you find this helpful?
Are you using the MTN momo Visa card to make online payments?
Let me know in the comments below.
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