MTN Group is a South Africa-based multinational mobile telecommunications company, operating in many African and Middle Eastern countries.Todate, this giant telecommunications company has connected more than 203,8 million people in 22 countries across Africa and the Middle East. In the past five years alone, capital expenditure has exceeded R130 billion in the countries MTN operates in. In living up to its vision of meeting customer needs, MTN launched mobile money visa card.
MTN mobile money – This product has been designed as a financial service that drives economic inclusion by merging technology into everyday life and giving consumers greater access to banking. Since its launch, more than 2 million customers have registered on the platform, with over R2,5 billion monetary transactions processed.
The mobile money visa card has got regulatory approval to become a fully accessible bank account on a mobile device with increased daily limits and functionality and it has no monthly or annual card fees. It can be used to make micro-payments, conduct fund transfers, purchase airtime and pre-paid electricity, plus internet bundles through using an intuitive interface.
Customers can purchase their Mobile Money Visa card from any Pick ‘n Pay or Boxer store for a one-time fee of R29, and then activate the card on their Mobile Money account within 72 hours following the instructions contained in the card pack.
MTN can b be contacted on 083 123 3667.