Tag Archives: Mobile Money

MTN confirmed the relaunched of Mobile Money service in South Africa

MTN has announced the relaunched of Mobile Money (MoMo), alongside new media offerings which will increase digital revenue. To note, MTN launched its Mobile Money in 2012 which attracted over 2 million customers, but shut it down in 2016 due to lack of commercial feasibility. The operating costs of providing a mobile money platform have [...]

MTN re-introduces Mobile Money in SA

MTN is re-launching Mobile Money in South Africa. Recently, group CEO and president Rob Shuter said the telco would bring the service back to SA in the first quarter of 2019. MTN SA declared it was removing the Mobile Money (MoMo) offer in the country due to lack of commercial feasibility.  The service was first rolled out in [...]