Technology

MTN South Africa Boosts MoMo Cashback for Airtime and Bundle Purchases

In response to the increasing financial pressure faced by consumers, MTN South Africa is providing its customers with a significant enhancement to its Mobile Money (MoMo) cashback offer. From 1 August 2024 until January 31, 2025, registered MoMo self-service channel users will receive ten times the usual cashback on the purchase of any of the

MTN South Africa Boosts MoMo Cashback for Airtime and Bundle Purchases

MTN South Africa Boosts MoMo Cashback for Airtime and Bundle Purchases

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In response to the increasing financial pressure faced by consumers, MTN South Africa is providing its customers with a significant enhancement to its Mobile Money (MoMo) cashback offer. From 1 August 2024 until January 31, 2025, registered MoMo self-service channel users will receive ten times the usual cashback on the purchase of any of the qualifying MTN bundles.

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Recognising the need for savings during these challenging times, MTN is amplifying the MoMo cashback reward from the standard 1% to an impressive 10% for all purchases of MTN airtime denominations.

This initiative aims to provide substantial relief to our customers and enhance their MoMo savings, says Kagiso Mothibi, acting CEO of MTN Fintech SA.

The qualifying bundles for enhanced cashback include:

  • MTN airtime: all denominations
  • MTN data bundles
  • MTN Made4U bundles (including MyTown Offers and MoMo exclusive deals)
  • MTN Social bundles
  • And MTN Voice bundles

Customers can enjoy instant cashback rewards for these products when purchased through MoMo’s self-service channels, including USSD (*151*1#) and the MoMo mobile app (https://www.mtnmomo.co.za/). However, the offer does not apply to the off-net airtime and bundles from other networks.

There is no limit to the number of cashback rewards you can earn. Each time a qualifying purchase is made, the 10% cashback will automatically be credited to your MoMo cashback wallet. The cashback reward can then be used to perform any transaction on MoMo, making it easier for customers to manage their finances.

“This 10% cashback opportunity is our way of saying thank you to registered supporters of MoMo. By offering unlimited opportunities to earn rewards during a time of year when money traditionally gets a little tighter and continuing this offer until January 31, 2025, MTN is committed to making life a little easier,” concludes Mothibi.

Main Image: MTN

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

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