MTN Introduces ‘No ID Card, No Cashout’ Policy To Curb Momo Scams

In order to curb the alarming surge in scams associated with MTN Mobile Money (MoMo), the giant telecommunication network has introduced a new policy that will be rolled out in February, 2021.

In a notice that’s circulating online purported to have been issued by MTN, the company says starting from February, one has to present his ID card to any MoMo agent to be able to withdraw money.

“From 1st February you must go to any MOMO Agent with your ID card for your Cash out transactions. 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.

See a screenshot below;

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