MobileMoney transfer provides a fast, secure, affordable and convenient way to send or receive money in person to person payments and offers a practical strategy for financial inclusion of the un-banked or under-banked populace. In Nigeria it is an initiative introduced and being regulated by the Central Bank of Nigeria (CBN). Currently, the Central Bank of Nigeria has licensed over sixteen organi
zations (or scheme operators) to provide the infrastructures for mobile payment system and these include Banks, Payments Switches and Independent Scheme Operators. These operators depend on the services of a wide Agents Network to execute trades and financial transactions on their behalf in order to facilitate a thorough integration, acceptance and development of MobileMoney services in Nigeria. As a MobileMoney agent, you will be saddled with the responsibility of providing basic Banking services to your customers and the public through your phone. These Services include:
• Enrolment/Registration of customers
• Accepting Deposit/Cash-in
• Withdrawal/Cash-out
MobileMoney agents are expected to develop a good sense of customer service orientation in order to educate their customers on the importance and use of MobileMoney. As an Agent, you shall be commission on every transaction you perform. The more the transaction completed you completed as an agent, the more the remuneration. MobileMoney transfer is 99.9% risk free and you can serve as agents to multiple operators. We at Oratech International Company offers free intensive training and periodic seminars to persons, Businesses and Companies that show genuine interest in becoming a MobileMoney Agent in Nigeria. Basic requirement of becoming a MobileMoney agent as stipulated in section 5.2.1.3 and 5.2.1.4 of the REGULATORY FRAMEWORK FOR MOBILE PAYMENTS SERVICES IN NIGERIA
Where agent is an individual, the name, address, signature and/or finger prints of the agent shall be obtained and verified appropriately. Where the agent is a corporate body or a registered business, the bank shall verify its registration and obtain the following documents:
• Copies of Certificate of Incorporation/Registration of Business
• Memorandum and Article of Association
• Board Resolution authorizing the organization to offer mobile payments agency services
• Any other relevant document for KYC/CDD purposes.
• List of Head Office and Operational offices/kiosks
