MTN Zambia partners restaurant chain to serve up MoMo
MTN Mobile Money (MoMo app) and Zambian restaurant chain Hungry Lion Zambia have entered into a digital payment partnership.
The Mobile Money service will enable patrons to transact via their mobile device.
MTN Mobile Money Managing Director, Komba Malukutila noted that the payment system is evolving at an accelerated rate, accompanied with a shift in consumer behaviour.
“As MTN Mobile Money, we are constantly looking for new and innovative ways to offer convenience to our customers, because we see a tremendous growth opportunity in the use of technology. The adoption of cashless payments is growing globally and through our partnership with Hungry Lion Zambia we believe that we will be able to reach a wider audience which makes a significant contribution in the development of our economy.”
“Our new offering with Hungry Lion is a secure payment platform that is designed to cater for individuals and will enhance the financial inclusion ecosystem by adding payments whilst enhancing customer experience through an expeditious payment process. MTN Mobile Money, is excited to be at the forefront of the digital revolution and the addition of Hungry Lion Zambia contributes to our 30 plus locations countrywide that customers can use their Mobile Money,” Malukutila added.
Hungry Lion Country Manager Busu Mpepo said, "We are thrilled to officially welcome MTN Mobile Money, or MoMo, as a new member to our Pride. Hungry Lion is always looking for ways to give customers more, not just more value, but also more choice, so this partnership just made cents!"
According to MTN, this integration puts Hungry Lion at the forefront of innovation in the Quick Service Restaurant industry and supports their pursuit to invest in Zambia. "A big part of growing our business in Mother Zambia is based on forming strategic partnerships like this one and it is with great pleasure that we welcome MTN MoMo as an in-store payment partner”, Mpepo concluded.
In June 2020, MTN announced that its MoMo service registered one million customers in South Africa.
ITWeb published a statement from the company which read, in part: “MTN saw an increase in MoMo registrations and usage since the nationwide lockdown began in late March, specifically in peer-to-peer remittances, with people sending money to family and friends. Demand for value-added functionalities like purchasing pre-paid electricity and renewal of driver’s licence discs, has also picked up considerably.”
More recently, in November this year, the app entered into a partnership with Nedbank to enable customers to withdraw cash at all Nedbank ATMs – or any participating retail stores.
ITWeb reported that the fees range from R10 for transactions of up to R1 000, R20 for transactions between R2 000 and R3 000 and R30 for transactions between R2 000 and R3 000.
MoMo Cash-out via Nedbank ATM or any of the participating retail stores, such as Pick n Pay, Shoprite, Checkers, OK Foods and USave.