As a part of its dedication to main digital options for Uganda’s progress, MTN Group Fincommerce, a subsidiary of MTN Fintech Group in partnership with MTN MoMo Uganda and collaborating with Mastercard, has formally launched its new e-commerce platform, Market by MoMo, to supply Ugandan merchants and consumers a seamless on-line promoting and buying expertise.
Market by MoMo is a one-stop digital market that enables Ugandans to purchase and promote a variety of real merchandise from electronics to groceries, trend, magnificence, health merchandise, house & workplace, cellphones and tablets, computing, home equipment and extra, whereas benefiting from dependable companies, versatile fee choices, and immediate deliveries. This new platform represents a big step ahead in Uganda’s digital economic system, providing each prospects and retailers a streamlined and safe strategy to interact in e-commerce.
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Market by MoMo at present presents a spread of merchandise beneath a number of classes together with groceries, electronics/home equipment, units and computer systems, toys and video games, well being and wonder, amongst others. These merchandise are being provided by over 3,500 native companies, boosting commerce and employment alternatives for a number of Ugandans. Thousands of orders have been delivered via Market by MoMo so far and this e-commerce proposition has proven nice potential to ship a handy and inexpensive various for the Ugandan market. Customers can entry Market by MoMo via the MTN MoMo app and on-line at market.momo.africa.
Speaking on the official launch held at Mestil Hotel in Kampala, Brian Mutungi, ecommerce Country Lead of MTN Group Fincommerce, emphasised the transformative potential of Market by MoMo.
“We are thrilled to formally launch Market by MoMo, a platform that connects Ugandan merchants with a large buyer base and brings comfort to shoppers. Market by MoMo combines quite a lot of product classes, versatile fee choices, and user-friendly buying options, making it a game-changer for Uganda’s e-commerce sector. This launch additionally aligns with our imaginative and prescient of main digital options for Uganda’s progress,” stated Mutungi, noting that MTN Group’s partnership with Mastercard has additionally been instrumental in bringing Market by MoMo to life.
Mutungi additional highlighted how Market by MoMo will allow Ugandan merchants to increase their attain and develop their companies by exposing their merchandise to tens of millions of potential prospects. Consumers, however, will get pleasure from quite a lot of merchandise with a seamless and handy buying expertise that features easy accessibility and clear pricing amongst different a number of perks.
Market by MoMo supplies a sturdy, user-friendly buying expertise with seamless entry by way of the MoMo app and web site; market.momo.africa. Customers from any telecom supplier can enroll and conveniently begin buying. The platform presents versatile fee choices together with MTN MoMo and main credit score/debit playing cards. Market by MoMo is zero-rated for MTN prospects, permitting entry with out information costs. Delivery is swift and dependable, with orders reaching prospects in Kampala and Greater Kampala inside two days or much less.
Speaking on behalf of Sylvia Mulinge the MTN Uganda CEO, Joseph Bogera the MTN Uganda GM Sales and distribution described the launch of Market by MoMo as a step towards constructing a extra equitable, linked, and empowered society.
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“As MTN, we’re impressed by our imaginative and prescient that everybody, no matter their background, deserves the advantages of a contemporary, linked life. It’s a imaginative and prescient that drives us day by day to push boundaries and innovate in order that we will create a brighter and extra inclusive digital future. This milestone displays the regular and purposeful progress we’ve made, and it highlights the facility of collaboration. Together, we’ve woven partnerships which can be driving innovation, constructing capability, and delivering actual, tangible advantages to individuals throughout Uganda,” Bogera stated.
Sarah Bateta Okwi, the MTN MoMo Chief Finance Office, talking on behalf of Richard Yego, Chief Executive MTN MoMo additional highlighted how the partnership Market by MoMo will improve the MoMo shopper worth preposition for MoMo, past person-to-person transfers, funds, financial savings & loans. Beyond the comfort that Market by MoMo is bringing to Ugandan customers, this proposition is increasing the market and opening new alternatives for merchants and sellers, complimenting bodily foot site visitors with on-line gross sales.
Amnah Ajmal, Executive Vice President, Market Development, EEMEA at Mastercard, stated: “Consumers throughout the board at the moment are introduced with elevated decisions and it’s important for corporations to make sure their experiences are protected, safe and seamless. Through this collaboration with MTN Group Fintech, we’re proud to allow native companies and shoppers in Uganda to take part absolutely in higher buying experiences. Market by MoMo is a big step ahead in creating financial alternatives and digital inclusion, aligning with Mastercard’s imaginative and prescient for a extra inclusive, digital Africa.”
Customers profit from scorching offers on the touchdown web page, a large product selection, and high-quality objects throughout over 100 classes, from electronics to groceries. Frequent promotions reminiscent of flash gross sales, themed campaigns and category-specific reductions additional improve the buying expertise, making high-quality merchandise inexpensive. Market by MoMo can even allow a beforehand untapped alternative for Ugandans within the diaspora, to buy kinfolk again house utilizing fee choices together with MoMo or (debit/credit score) card.
Market by MoMo additionally helps Ugandan retailers, providing no account administration charges and a good fee construction. Merchants profit from free decide up, free packaging, content material help, 24-hour order settlements, and publicity to MTN’s in depth buyer base via built-in advertising help. A devoted service provider hub permits retailers to handle shops and monitor efficiency, with a devoted 24/7 help group to deal with their wants.
The platform’s official launch kicks off with a sequence of unbeatable presents and reductions beginning with the upcoming Black Friday presents and the festive season presents in December. Customers will get pleasure from reductions of as much as 60% on choose product classes.
“The e-commerce sector is a quickly rising section of the worldwide economic system,” famous Mutungi. “By launching Market by MoMo in Uganda, we aren’t solely diversifying our product choices but additionally empowering Ugandans to hitch the digital transformation journey, contributing to our nation’s financial development. Together, we’re setting the inspiration for a extra linked, extra digital, and extra inclusive Uganda,” concluded Mutungi.”
The launch of Market by MoMo underscores MTN Group Fintech’s dedication to driving digital innovation, fostering entrepreneurship, and making a trusted, safe, and customer-focused expertise for Ugandans throughout the nation. As Uganda’s e-commerce panorama evolves, Market by MoMo is poised to bridge merchants and shoppers in Uganda’s increasing digital economic system.
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Market by MoMo Access and Customer Support
Customers can store by visiting market.momo.africa or the MTN MoMo app. For help, Market by MoMo supplies 24/7 help by way of WhatsApp (0767006103), e-mail ([email protected]), and a toll-free line (0800212000).
Feature picture: MTN MoMo’s Mutana makes his remarks on the official launch of Market by MoMo
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