MTN MoMo adds Mastercard solution for ecommerce payments without bank card

Hanno Labuschagne

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MTN MoMo adds Mastercard solution for ecommerce payments without bank card

Mobile network operator MTN and payment platform provider Mastercard have launched a new virtual payment solution for ecommerce transactions.

The solution will allow MTN MoMo customers with or without bank accounts to make online payments across 16 countries in Africa.

“Through a Mastercard virtual payment solution linked to MTN MoMo (Mobile Money) wallets, consumers and merchants can engage with brands and businesses abroad through digital commerce, extending their reach to an international marketplace and unlocking a host of opportunities,” MTN stated.
 
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