Has MTN stopped giving loans today?

After paying of your MTN loan and MTN serves you with the “You do not qualify for a loan at the moment. Continue to use MTN SIM and wallet services. Check back regularly or wait for a qualification SMS,” you may be wondering if MTN has stopped giving loans.

All you need to know is that MTN has not stopped giving out loans.

However, certain acts by customers may disqualify you for sometime in accessing a loan.

Some of these acts include ;

1. If you have an outstanding loan balance.
2. Late payment of previous loan requests.
3. If you are currently not fully registered in the ongoing SIM registration exercise
4. If your MoMo registration details with us are incorrect or incomplete.

To ensure you are always eligible for another loan after payment of your outstanding loan balance, pay your loans on time. However, after payment on time and you do not qualify, you may be eligible for another loan the next 3 to 5 days, so keep trying.

FAQs

Q: What happens if you don’t pay your MTN loan?
A: If any portion of the Repayment Amount remains unpaid after the due date, any funds deposited into your MTN Mobile Money wallet account will be automatically deducted until the repayment of the outstanding balance has been paid in full.

Q: How do I request for a Qwikloan?
A: Dial *170#
Select option 5 for “Financial Services”
Select option 3 for “Loans”
Follow the prompts to request for a loan.

Q:What is the code for MTN loan?
A: The USSD method: Dial 170#

Q: How to qualify for a loan on MTN?
A: Qualifying for a MTN loan depends on active use of MTN services like airtime, data, SMS, bill payments,MoMo transactions. You will get an SMS when you qualify.

Q: Can I get another MTN loan after paying one off?
A: Yes, you can

Has MTN bought Airtel?

MTN which is headquartered in Johannesburg in South Africa has not bought Airtel.

Airtel Africa plc, popularly known as Airtel, is an Indian multinational corporation that operates in 14 African nations, mostly in East, Central, and West Africa, and offers mobile money and telecommunications services.

However, in May 2008, it emerged that Airtel was exploring the possibility of buying the MTN Group.

Reports reveal that Bharti was considering offering US$45 billion for a 100% stake in MTN at the time.

The talks, however, fell apart as MTN Group tried to reverse the negotiations by making Bharti almost a subsidiary of the new company.

So, it is clear that MTN has not bought Airtel.

FAQs
Q: Who is the real owner of MTN?
A: MTN is owned 100% by M-Cell Limited

Q: Who is the owner of Airtel?
A: Sunil Bharti Mittal is the owner of Airtel

Q: What is the full meaning of MTN?
A: Mobile Telephone Network

Q: Who is the CEO of Airtel Africa?
A: Segun Ogunsanya

Q: Is Airtel owned by a Nigerian?
A: Airtel Africa is majority owned by the Indian telecommunications company Bharti Airtel.

Q: Which year did Airtel came to Ghana?
A: In 2010

Should I buy MTN shares now?

If you are considering MTN group as investment and want to know when to buy shares, these are what you should know.

MTN shares are a bargain buy at present, as they are currently undervalued.

However, MTN has established itself as a global player and MTN shares should make some gains in the future as the company expands its product offerings.

For instance MTN began the year with a share price of 1.40 GHS and has since gained 28.6% on that price valuation, ranking it fifth on the GSE in terms of year-to-date performance.

It is worth noting that MTN Ghana, which makes up over 26% of the exchange’s overall equity market, is currently the most valued stock on the GSE with an amazing market capitalization of GHS 19.9 billion.

So, it is clear about the answer if you are wondering whether to buy MTN shares now.
The answer is simply yes, but visit the MTN site or any MTN branch to know more about the risks associated with the investment.

FAQs
Q: How much are MTN shares in Ghana?
A: 1.80

Q: Can I sell my MTN shares?
A: You cannot sell MTN shares without using a licensed and regulated stockbroker within your country of residence.

Q: How do I check MTN shares?
A: use the official www.mtn.co.za website

Q: How to buy MTN shares in 2024?
A: Dial *170#
select option 5 which is “financial services” and follow the prompts to buy.

Which MTN app should I download?

You may be wondering about the right MTN app to download to avoid signing up for a wrong app and especially if you are looking out to enjoy some benefits on the original MTN app.

The right MTN app you should download is the “MyMTN App.” The MyMTN App allows MTN users to manage their account with ease.

There are tons of apps out there, but few make your life as easy as the MyMTN app does. Managing your mobile life has never been this simple!

You’re in control with the MyMTN app as you buy and send airtime and data, check balances, manage your broadband account, send money and so much more.

The MyMTN app is zero-rated, which means that it doesn’t use any data, freeing up those precious MB’s for the fun stuff.

The amazing part about the app is that when you download the MyMTN App, you get 500MB free data when you log in.

You can download the app on Apple app store for Apple devices and Google Play store for Android devices.

FAQs

Q: Which MTN app is for buying data?
A: The MyMTN app can be used to buy data.

Q: Which MTN app gives free data?
A: MyMTN App

Q: Does MTN have an app?
A: Yes , and you can manage all aspects of your account at any time through the MTN App.

Q:How do I download MyMTN app?
A: On Apple app store for Apple devices and Google Play store for Android devices.

Can MTN be used in the USA?

You may be traveling to the United States of America or may already be in the United States of America and wondering if MTN can be used in there.

The answer is simply yes, you can use MTN in the USA but only when you have subscribed to the MTN TravelPass plan.

The MTN TravelPass plan was introduced by MTN to make travelling experience a pleasant one.

The MTN TravelPass plan is a subscription-based roaming plan which offers unlimited calls, SMS, and 1GB of data to be used across 50+ countries and destinations which includes the United States of America . With unlimited calling and texting, you can use your MTN line while in the USA.

So, whether you’re travelling to the United States of America, MTN will help you with the best plan to keep you connected to friends, loved ones and business partners.

Rest assured, MTN can be used in the USA.

FAQs

Q: What is MTN TravelPass?
A: MTN TravelPass is a subscription-based roaming plan which offers outgoing calls and SMS across 50+ countries and destinations.

Q: Who is eligible to subscribe to MTN TravelPass?
A: All new and existing Prepaid and Postpaid customers on the MTN network can subscribe to any of the TravelPass plans.

Q: Where can I subscribe to MTN TravelPass?
A: You can subscribe to any TravelPass plans whether in Ghana, Nigeria or any other country MTN operates before travelling OR while roaming abroad.

Q: What is the code for the MTN TravelPass?
A: 3126#

Q: Can I use my Mobile Money services while roaming?
A: Yes! Your MoMo service will remain active while roaming with your number. Do ensure your phone number is actively connected to a roaming partner and access MoMo via the MyMTN App.

One thing that people find difficult is keeping their MTN numbers off head or remembering their MTN numbers at crucial moments.

There’s no need to go through that stress of trying to memorize your number since MTN has provided a USSD code for retrieving your MTN number hassle freely.

The USSD code method provided by MTN, Ghana is one of the quickest ways to retrieve your MTN number without any hassle.

Below is the steps to follow to check your MTN number via the USSD code;

1. Dial the USSD code *156# on your mobile device.

A menu will appear with various options as:

Welcome to MTN Info Portal

1. Check My Number
2. Internet Settings
3. Usage Summary
4. 4G SIM Change
5. Promo Points
6. Pledge a phone

Select option 1 which corresponds to “Check My Number”.

Your MTN number will be displayed on your screen shortly after.

FAQs

Q: How to check your MTN number in Ghana
A: Dial *156# and follow the prompts

Q: What is MTN code 315?
A: To access Free Beyond 3

Q: What other method aside the code can I use to get my MTN number?
A: Call another number with your MTN number and your number will be displayed on their phone

Can MTN send money to Vodafone?

Sending money from MTN to Vodafone (now Telecel) has become possible due to the new interoperability services.

The interoperability services allows MTN Mobile Money and Vodafone Cash (now Telecel Cash) customers to pay at each other’s merchant point of sale.

So if you want the steps to send money from your MTN momo account to Vodafone cash, below are the steps to follow;

1. Dial *170#
2. Select Option 1 to ‘Transfer Money’
3. Select 5 for ‘Other Networks’
4. Select the ‘Receiving Network’ (i.e.Vodafone)
5. Enter the ‘Vodafone or Telecel Mobile Number’
6. Confirm ‘Mobile Number’
7. Enter ‘Amount’
8. Enter ‘Reference ID’
9. Enter ‘Mobile Money Pin Code’
10. Sender and Receiver get a MoMo notification for a successful transfer

Note that the fee charged for sending money from MTN momo to a Vodafone cash is relatively higher than sending from MTN momo to another MTN momo account.

FAQs

Q: How to reverse MTN mobile money sent to a Vodafone number?
A: Dial *165#
Go to “My Account” by choosing option 8. Choose option 7 on the next screen to go to “Initial Reversal”. The last 3transacions on the account will be displayed. Choose the transaction you want to reverse.

Q: How to send mtn mobile money to Vodafone?
Dial *170#
A: Select Option 1 to ‘Transfer Money’ Select 5 for ‘Other Networks’ Select the ‘Receiving Network’ which is Vodafone.

If we are talking about MTN points, then we are referring to MTN rewards system.

The MTN rewards system allows MTN customers to enjoy amazing rewards such as airtime data and other great deals every day of the week from selected third-party vendors nationwide.

MTN Rewards is a loyalty point-based system designed to reward you, our cherished customers with points each time you use your MTN number.

Customers accumulate points and these accumulated points can be redeemed for on-net rewards like airtime and data packages and amazing discounts from selected third-party vendors.

However, every ten (10) pesewas spent earns the customer one (1) point.

So MTN has urged all it’s customers to keep talking, texting, browsing
and transacting on MTN Mobile Money to accrue more points and get ready for an exciting and delightful experience on MTN Rewards.

This reward system started on April 1,2021.

This offer is available to all PAYG MTN customers but comes with some terms and conditions, some of which include:

1. Offer is for all PAYG customers who perform revenue generating activities daily.
2. Customers have access to redeem On-net and off-net rewards daily.
3. Every ten (10) pesewas spent earns the customer one (1) point.
4. Points accrued can either be used to redeem on-net offers (Airtime and Data) or
   redeem discounts from third party vendors mentioned herein.
5. Third-Party vendors include but are not limited to Just Chinese in Accra, Santinos Fine Meats and Sausages in Accra and Kumasi.
6. Voucher codes generated after the customer redeems their points are valid for thirty (30) days and cannot be used after expiry.
7. Points can be redeemed through the short code *550#.
8. Redemption of points will be per available on-net offers and negotiated discounts or packages from our third-party vendors for non-network offers.
9. A customer can only redeem an offer or get a discount on same up to the total value of accrued points.
10. Active voucher codes can be viewed on the USSD menu *550#.
11. Usage of free/bonus airtime does not form part of customers spend for the given
    period.
12. A customer can transfer points from an MTN number to another MTN number.
13. A customer cannot transfer points to self.
14. All unredeemed loyalty points will be reset to zero successively starting from the 20th of December every year, and customers will start accruing points again from 12am on January 1st of the following year.

15.Customers who accrue points after the reset before the 31st of December will have their accrued points carried over into the next year.

FAQS

Q: What is the short code to redeem points?
A: You can redeem your points by dialing *550#

Q: What can I use MTN points for?
A: Daily Data plans, Weekly Data plans, Monthly Data plans, Instagram/TikTok/Youtube Data bundle, Nightlife bundles.

Q: What is the MTN points system?
A: Earn YelloBucks when you join MTN and every time you upgrade or recharge with bundles.

Q: How to convert MTN points to data?
A: Dial *406# on your phone dialer.

Q: How do you get free MTN points?
A: 1. Load airtime.
2. Make a call.
3. Send an SMS.
4. Use data.
5. Subscribe to Rich Media Services.
6. Buy voice, data, combo or contextual bundle using airtime or MTN MoMo.
7. Use MTN MoMo to carry out any revenue generating service.
8. Deposit MTN MoMo on their wallets.

What are MTN services?

MTN provides a wide range of services which include voice, data, fintech, digital, enterprise, wholesale and API services to over 288 million customers in 18 markets.

Fintech
financial and digital solutions for consumers and businesses of all sizes by creating a marketplace that supports cashless and digital economies through affordable, inclusive, understandable and comprehensive financial services.

The mobile financial platforms (fintech) offers in-store payments, remittances, prepaid services, mobile wallets, micro-loans and micro-insurance.

MTN MoMo is a fintech platform enables users to access payments, e-commerce, insurance, lending and remittance services.

Digital services
The digital services provides a world-class messaging, entertainment and services platform on a super app called ayoba. The Ayoba app allows users to chat, call, follow hyper local content via channels and services as well as play games and listen to music.

Ayoba is available worldwide to both MTN and non-MTN customers on the Android and iOS operating systems.

Enterprise services
The MTN Enterprise services provides businesses with ICT solutions such as managed Network Services, Cloud, Unified Communications, Internet of Things and Security as A Service.

Network as a service
MTN as part of their services has a large collection of network assets which includes subsea cables providing international connectivity; terrestrial and metro fibre; data centres and cable landing stations; FTTx, towers and radio access network assets.

API marketplace
Chenosis is also a service by MTN which allows users create, publish, discover and subscribe to APIs from across the continent with ease on a single platform.

Voice and data services
MTN has voice and data services with different price ranges. Some of which includes Mashup bundle , Just4U bundle offers, midnight bundles, flexi bundles among many others.

FAQs

Q: What is MTN self-service?
A: With Self Service, all MTN users have the comfort to disconnect or reconnect SIM when it got lost, change SIM, recharge for others among many other services.

Q: How do I check my MTN active services?
A: You will be able to view the value added services by selecting “Active Services” when you dial *305#.

Q: How do I manage MTN service?
A: dial the USSD code *123# and navigate to the “Manage My Subscriptions” or a similar option.

The various mobile carriers in Ghana have each been assigned a network code.

Therefore if you want to identify MTN numbers, they come with some specific number prefixes.

The MTN numbers should also count up to 10 digits.

However, MTN Ghana in 2021 announced the receipt of new blocks of telephone numbers from the National Communications Authority (NCA). The new network codes introduced were 059-7, 059-8, 059-9, 025-6 and 025-7.

These new network codes came to add to the existing codes of 024, 054, 055 and 059.

So if you are looking out for MTN numbers they start with these digits: (024), (025), (053), (054), (055), (059).

FAQs
Q: What are the MTN numbers in Ghana?
A: (024), (025), (053), (054), (055), (059).

Q: Is 025 an MTN number?
A: Yes, 025 is an MTN number.

Q: Is  0704 an MTN number?
A: 0704 is a MTN Nigeria number

Q: Is 0906 an MTN number?
A: 0906 is an MTN Nigeria number.

Q: How do Ghana numbers start?
A: country code, +233, and the trunk code, 0. Ghana phone numbers are expressed +233 0 [XXX XXX XXX].