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MTN Introduces New MoMo Policy “No ID Card, No Cash Out” Starting February 1st, 2021

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“No ID Card, No Cash Out” – MTN Implements New Policy

In a quick Notice they published, MTN indicated the purpose of this new policy is to help identify and fight fraudsters who use several dubious means to cash out money from others, effective 1st day of February this year.

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“From 1st February you must go to any MOMO Agent with your ID card for your Cash out transportations. We are in the policy of #No ID card, #No Cash out. Let’s all help this format to fight and identify the fraudsters” the notice read.

MTN MOMO

The above flyer is circulating on social media, whether it is authentic or not nobody knows since it has no signature.

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