MTN Momo Referral Promo offers a cash bonus of up to N3000 or more to users who spread the word about Momo.
Momo is a payment service bank set up by Nigeria’s giant Telecommunication Company, MTN to cater to the financial needs of its users in Nigeria and other countries where the telecom company operates. It allows users to perform various financial transactions such as money transfers, bill payments, airtime purchases, and more through their mobile phones. Momo MTN is accessible via USSD and a mobile app, and it has gained popularity among many users due to its convenience and ease of use.
It has gained popularity among many viewers due to its previous free 100 naira promotion. However, this current campaign is distinct from the previous one.
This article examines the MTN Momo Referral program and how users can take advantage of it to earn up to 3000 naira in either airtime or cash, depending on their preference. Momo is an online bank similar to other payment service banks, except that users can access banking services through USSD.
If you are very new to the platform, do not worry I will drop all the details on how to get on the MTN-initiated banking service, Momo;
How to Create An MTN Momo Account
If you are new to Momo and are hearing about it for the first time, the first step is to create an account. To create an MTN Momo account, simply dial *671# on your phone and follow the prompts to set up an account. It’s a straightforward process, and you may even receive a 100 naira bonus for doing so, although it’s uncertain if this bonus is still available.
Once you have created your Momo account, the next step is to refer your friends and loved ones to the service. Referring others to Momo is simple and requires only the ability to follow straightforward instructions.
Once you have completed the registration process, your Momo account number will be the same as your phone number, with the leading zero excluded. Momo PSB is fully registered and recognized by most banks, so transferring money to your Momo PSB account should not be a problem.
To refer a friend, dial *671*6*friend’s number#, and your friend will receive instructions on how to open a Momo account. If they successfully create an account within two minutes, you will receive a 100 naira bonus. However, there is an important requirement you need to be aware of. You will only receive the bonus once your referred friend funds their wallet with at least 100 naira and uses it to buy airtime or data.
Momo has introduced this requirement to ensure that the people you refer are genuinely interested in the program and not just acceptable for the sole purpose of getting the free 100 naira bonus.
How to Fund Your Momo Wallet With 100 Naira
As mentioned earlier, the process of using Momo is quite easy and straightforward. Your account number will be your phone number without the initial zero.
To fund a Momo PSB wallet, you will need the account number and the name of the bank, which is Momo PSB. Simply use any Fintech app to send at least 100 naira to the account to qualify for the bonus.
Referring people to Momo PSB can be challenging, so here’s a simple way to make the process easier. Take the phone of the people you’ve invited and use the referral code mentioned earlier to open their Momo PSB account. Next, fund their wallets with at least 100 naira and use the money to buy airtime for your MTN line.
Selling MTN airtime is more profitable than selling other network airtime. After funding the wallets and purchasing airtime, send the airtime to your own line, and you will receive the referral bonus. Repeat this process for all your referrals, and later on, you can sell the airtime purchased to a vendor or one of the airtime-to-cash apps.
