#UMatter

Stay safe, stay at home – Bank from Your Phone with MTN MoMo – powered by Ubank. Transfer money, pay bills, buy electricity and more – all from your cellphone.

Our story is your story. We are a bank that caters for all people. Our beginnings are deeply rooted in the philosophy of Ubuntu – we are one. Today, we say with pride that we are the workers’ bank of choice. Our service is in dedication to your hard work and helping U reach new heights.

MTN MoMo, now powered by Ubank. Bringing MoMo to U. With MoMo you can enjoy no monthly fees, no queues at the bank, and no carrying cash.


Register For Free
Download the MoMo App and register for free from any number- fees apply to certain transactions only.

Your Money Is Safer!
Secure your hard-earned cash with end-to-end encryption.

Transfer Cash Instantly
Transfer money to other MoMo users or send cash vouchers to any South African cellphone number.

Simple Shopping
Scan QR codes to pay for
products and services through
MoMo partners.

Pay Your Bills
Keep your DStv, prepaid electricity, and other accounts up to date without hassle.

Buy Airtime And Bundles
Buy airtime and data, voice and SMS bundles, at no extra cost and get exclusive deals – even if you’re not with MTN.


No monthly fees, no endless queues at the bank, and no carrying cash.

Monthly Cost
Cash-in At MTN Stores
Mobile Recharges
Bill, Merchants + Shop Payments


Cash-in via bank card
All transactions are free.

Cash-in via EFT
All transactions are free.

Cash-out to bank account
A standard fee of R3 applies to each transaction.

* Promotional fees have been applied to ease the pressure of COVID-19 and promote cashless transactions. The updated fees are valid from 19 March 2020 to 30 September 2020. Thereafter normal fees will apply.

Any financial services provided in respect of MoMo are provided by MTN on behalf of Ubank Limited, a licenced financial services provider FSP No.14740. Ts&Cs apply.