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Close at 6pm to avoid robbery – MoMo agents told

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Comment: Momo agent business model is flawed

Author:
loyd
Date:
2021-06-22 11:41:55
Comment to:
Close at 6pm to avoid robbery – MoMo agents told

This kind of business is not sustainable. Why should want to withdraw money from their mobile wallet when they can just pay with it. It just doesn't make sense. The purpose of Momo transaction is to eliminate the use of paper money yet most people go to withdraw cash from these vendors. Why not use the bank then? Stop withdrawing money from Momo agents and use it to pay another person via the same method. I personally don't think we should allow mono agents business to continue, almost like micro banking and it will never be save because it is easy target for thieves .If you want to deposit cash, visit any bank (rural, Microfinance etc). if you want to pay and receive, use your Momo, simple.

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loyd on Jun 22, 2021 11:41
Momo agent business model is flawed