MTN MoMo Zambia is partnering with Indo Zambia Bank to expand its point-of-sale payment offerings

MTN MoMo Zambia has announced a strategic partnership with Indo Zambia Bank (IZB) aimed at expanding digital payment capabilities nationwide. Through this collaboration, customers will be able to pay for goods and services using MoMo at all IZB payment terminals nationwide, significantly increasing the accessibility and convenience of transactions using mobile payment methods.

The partnership builds on the existing relationship between the two institutions, and IZB continues to provide critical support in areas such as liquidity management and the management of funds in circulation. Furthermore, this integration is strengthened by seamless fund transfers carried out through the national clearing system, which ensures efficient and secure transactions for users.

By leveraging IZB’s extensive network of branches and payment terminals, MTN MoMo Zambia aims to expand the reach of its services, enabling more customers and merchants to use digital payments. This move is expected to simplify everyday transactions while providing businesses with more flexible payment options.

Overall, this partnership underscores MTN MoMo Zambia’s commitment to promoting financial inclusion and accelerating the transition to a cashless economy. It also highlights the company’s ongoing efforts to promote e-commerce and improve secure payment systems throughout Zambia.