Remember MTN’s Mobile Money (MoMo) service? It was launched in partnership with Ubank earlier this year.
The service enables customers and general consumers to transact and make payments using their cellphone rather than traditional banking services.
MTN South Africa chief officer for mobile financial services Felix Kamenga said MTN envisions these services helping to bridge the gap for those who do not currently use banking services.
Just late last week the company announced that it has launched some new functionalities aimed at assisting South Africans during challenging economic times. These include the new food vouchers functionality, and the option for users to make charitable donations to a range of reputable, vetted charity and faith-based organisations that are offering relief to those who need it the most.
The food voucher service is designed to assist registered MoMo users, by removing the worry of giving cash to someone to purchase essential items – it could be a family member, neighbour, someone at work or a stranger in need.
This new functionality enables MoMo users to send food vouchers to anyone with a valid cellphone number. On the other hand, recipients of the food vouchers do not need to be MoMo users at all. They simply need to show the voucher code, which they would have received via SMS to the cashier at the participating retailers such as Pick n Pay, Shoprite, Boxer, Makro and Col Cacchio.
People wishing to use the service on the MoMo platform, but using other networks, can also do so by downloading MoMo in the App Stores, or they can register via USSD by dialling *120*151#