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 procuring 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, vogue, magnificence, health merchandise, dwelling & workplace, cell phones and tablets, computing, home equipment and extra, whereas benefiting from dependable providers, versatile cost 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 solution to have interaction in e-commerce.
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Market by MoMo at the moment provides a spread of merchandise below a number of classes together with groceries, electronics/home equipment, units and computer systems, toys and video games, well being and sweetness, 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 by Market by MoMo up to now and this e-commerce proposition has proven nice potential to ship a handy and reasonably priced various for the Ugandan market. Customers can entry Market by MoMo by 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 customers. Market by MoMo combines a wide range of product classes, versatile cost choices, and user-friendly procuring 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,” mentioned 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 develop their attain and develop their companies by exposing their merchandise to hundreds of thousands of potential prospects. Consumers, alternatively, will take pleasure in a wide range of merchandise with a seamless and handy procuring expertise that features easy accessibility and clear pricing amongst different a number of perks.
Market by MoMo supplies a sturdy, user-friendly procuring expertise with seamless entry through the MoMo app and web site; market.momo.africa. Customers from any telecom supplier can enroll and conveniently begin procuring. The platform provides versatile cost 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 fees. 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, related, 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, related life. It’s a imaginative and prescient that drives us on daily basis 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 ability of collaboration. Together, we’ve woven partnerships which can be driving innovation, constructing capability, and delivering actual, tangible advantages to individuals throughout Uganda,” Bogera mentioned.
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 consumers, 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, mentioned: “Consumers throughout the board are actually offered with elevated selections and it’s important for corporations to make sure their experiences are secure, safe and seamless. Through this collaboration with MTN Group Fintech, we’re proud to allow native companies and customers in Uganda to take part absolutely in higher procuring 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 sizzling offers on the touchdown web page, a large product selection, and high-quality gadgets throughout over 100 classes, from electronics to groceries. Frequent promotions similar to flash gross sales, themed campaigns and category-specific reductions additional improve the procuring expertise, making high-quality merchandise reasonably priced. Market by MoMo will even allow a beforehand untapped alternative for Ugandans within the diaspora, to buy kinfolk again dwelling utilizing cost choices together with MoMo or (debit/credit score) card.
Market by MoMo additionally helps Ugandan retailers, providing no account administration charges and a positive fee construction. Merchants profit from free decide up, free packaging, content material assist, 24-hour order settlements, and publicity to MTN’s intensive buyer base by built-in advertising and marketing assist. A devoted service provider hub allows retailers to handle shops and observe efficiency, with a devoted 24/7 assist staff to handle their wants.
The platform’s official launch kicks off with a collection of unbeatable provides and reductions beginning with the upcoming Black Friday provides and the festive season provides in December. Customers will take pleasure in 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’re not solely diversifying our product choices but in addition empowering Ugandans to affix the digital transformation journey, contributing to our nation’s financial progress. Together, we’re setting the inspiration for a extra related, 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 customers 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 assist through 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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