MoMo PSB Business – Mobile Payments for Nigerian Merchants

What is MoMo PSB Business?

MoMo PSB Business is a free Android app developed by MTN Nigeria Communications Plc. It is designed for merchants, small‑business owners and retailers who want to handle everyday financial transactions without needing a traditional point‑of‑sale terminal.

Main features

• Digital payment acceptance – receive payments via QR codes, card swipes or mobile wallet transfers.
• Invoice creation – generate simple invoices that can be sent to customers for later payment.
• Revenue tracking – view a list of recent transactions and see daily or monthly totals.
• Basic analytics – get an overview of sales trends and payment methods used.
• Bill and airtime purchase – pay utility bills or buy airtime directly from the app.

How it works

After installing the app, merchants register using their business details and link a bank account or MTN mobile money number. Once set up, a QR code or payment link can be shared with customers. Payments are processed in real time, and the app records each transaction automatically.

Practical uses

• Street vendors can accept card payments without a bulky terminal.
• Retail shops can issue invoices for larger orders and keep a digital record.
• Service providers can collect fees and instantly see their earnings.

Installation information

The app is available through the Google Play Store. Search for MoMo PSB Business or use the package name mtnft.momo.business. Tap Install and follow the on‑screen prompts to complete registration.

Things to know before installing

• The app requires an Android device with internet access.
• A valid MTN mobile money or bank account is needed to receive funds.
• Transaction fees may apply according to MTN’s standard rates; check with your provider for details.

Who may find it useful?

Any small‑to‑medium business operating in Nigeria that wants a quick way to accept digital payments, keep simple sales records and manage basic invoicing will benefit from MoMo PSB Business.

Frequently asked questions

Is the app free to use?

Yes, MoMo PSB Business can be downloaded and installed at no cost. Standard transaction fees set by MTN still apply.

Can I use the app without an MTN SIM?

The app works best with an MTN mobile money account, but it also supports linked bank accounts for receiving funds.

Is my data secure?

MTN Nigeria Communications Plc follows standard security practices for mobile financial services. Users should keep their device and login credentials protected.