MoMo Cash Collection
It is a service that allows companies to secure, centralize and digitize collections collected in their branches, in a dedicated bank account.
Step 1: At the agency level, the partner receives cash payments from his
Step 2: The funds received by the different agencies are centralized on a MoMo Enterprise partner account. A lump sum of 1% is deducted from the partner’s MoMo Enterprise account when payments are received.
Step 3: These funds are then transferred directly by Mobile Money to the partner’s bank account within a period agreed with the latter. The bank transfer is free whatever the bank.
- Limitation of robbery risks and fraud related to the holding of cash
- Reliable reports available for controlling agency funds
- Traceability of the different stages of the transaction