Current MTN Mobile Money 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.

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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

Tier	Deposit	Withdraw
500 – 2,500	5% of value transacted	100
2,501 – 5,000	125	125
5,001 – 15,000	150	200
15,001 – 30,000	200	300
30,001 – 45,000	250	400
45,001 – 60,000	300	500
60,001 – 125,000	350	650
125,001 – 250,000	450	1,100
250,001 – 500,000	800	2,200
500,001 – 1,000,000	1,500	4,400
1,000,001 – 2,000,000	2,750	6,600
2,000,001 – 4,000,000	5,000	11,000
4,000,001 – 7,000,000	10,000	15,000​

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 – 2,500	100	300​​	1,000	110	190	350
2,501 – 5,000	300	600	1,150	150	600	480	1,150
5,001 – 15,000	900	1,200	1,400	5​50	1,000	770	1,150
15,001 – 30,000	1,000	1,500	1,650	650	1,600	970	1,150
30,001 – 45,000	1,100	1,500	1,950	750	2,100	1,350	1,400
45,001 – 60,000	1,100	1,500	2,250	850	2,800	1,650	1,400
60,001 – 125,000	1,650	2,500	3,200	950	3,700	2,150	2,150
125,001 – 250,000	1,650	3,500	5,000	1,050	4,150	3,950	4,000
250,001 – 500,000	1,650	7,000	9,050	1,300	5,300	7,700	6,650
500,001 – 1,000,000	2,200	10,000	17,200	3,350	6,300	13,750	11,950
1,000,001-2,000,000	2,200	17,000	33,450	5,750	6,300	21,750
2,000,001- 4,000,000	2,200	27,000	55,900	5,750	6,300	38,650
4,000,001- ​7,000,000	2,200	40,000	61,100	5,750	6,300	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.

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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.