Current MTN Mobile Money Breakdown

Last Updated on August 27, 2022 by KWS Adams
MTN Mobile Money agent commission breakdown

How profitable is mobile money business in Uganda is a question many seek answers for. Customers are interested in understanding the associated money charges for transfers versus withdraws while on the other hand, those seeking to become mobile money agents want to know the commission breakdown for transactions.

With MTN mobile money being one of the giants in the world of money transfers in Uganda, those who want to become their agents can easily access the commission breakdown on their portal for a clear guide.

Also read: How To Do UBA Visa Card Verification

Money mobile business in Uganda is very profitable to those who are situated in busy places due to the fact that they perform a lot of transactions including both deposits, withdraws and transfers (sending). On the other hand, those with less clients can suffer from low profits since commission determined by the number of transactions.

New MTN mobile money agent commission breakdown

TierDepositWithdraw
500 – 2,5005% of value transacted100
2,501 – 5,000125125
5,001 – 15,000150200
15,001 – 30,000200300
30,001 – 45,000250400
45,001 – 60,000300500
60,001 – 125,000350650
125,001 – 250,0004501,100
250,001 – 500,0008002,200
500,001 – 1,000,0001,5004,400
1,000,001 – 2,000,0002,7506,600
2,000,001 – 4,000,0005,00011,000
4,000,001 – 7,000,00010,00015,000​

New MTN Mobile money charges

  Sending Money  Making Payments  Withdraw Cash 
 To MTN  To Other Networks  To East Africa   To Azam TV, Ready Pay, School Fees, Solar Now To UMEME, NWSC, DStv, StarTimes, NSSF, Multiplex  From Agent  From ATM
500 – 2,500100300​​1,000110190350 
2,501 – 5,0003006001,1501506004801,150
5,001 – 15,0009001,2001,4005​501,0007701,150
15,001 – 30,0001,000 1,5001,6506501,6009701,150
30,001 – 45,0001,1001,5001,9507502,1001,3501,400
45,001 – 60,0001,1001,5002,2508502,8001,6501,400
60,001 – 125,0001,6502,5003,2009503,7002,1502,150
125,001 – 250,0001,6503,5005,0001,0504,1503,9504,000
250,001 – 500,0001,6507,0009,0501,3005,3007,7006,650
500,001 – 1,000,0002,20010,00017,2003,3506,30013,75011,950
1,000,001-2,000,0002,20017,00033,4505,7506,300 21,750 
2,000,001- 4,000,0002,20027,00055,9005,7506,30038,650 
4,000,001- ​7,000,0002,20040,00061,1005,7506,300 52,500 

If you have made up your mind and decided to become money transfer agent, the above information should be helpful to you. Yes, you are able to predict how much you will likely make as per commission breakdown above.

Also read: How to Pay OTT Tax Uganda Airtel, MTN, Africell

Also, the transaction charges table above shows the amount of money versus the costs of transacting it where by if you are limited to little capital, you will likely miss out on the big earnings just like you can see that the higher the transaction amount, the much you get as commission.

Note: Transaction charges and commission breakdown above are subject to change from time to time. You can always refer to MTN’s website for an up to date fees.

Current MTN Mobile Money Breakdown

4 thoughts on “Current MTN Mobile Money Breakdown

    1. We appreciate your services and business
      Look into the issue of commission, it’s still very low

  1. We appreciate your services. I pray that you work out on a way of sending the commission breakdown to directors monthly because it is costly picking them from specific service centres. How do you travel from kasese to fortportal for this simple service?

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