11/16/2016

How To Pay Or Receive Payments With mCash



If you're a small business owner in Nigeria, your customers can now pay for your goods and services if they don't have cash with them and if you don't have a POS machine. All you need is mCash seller code and customers will be able to pay you directly from their bank accounts into your bank account just by dialing a USSD code. 

A customer who wants to make payments through mCash, has to dial the universal mCash USSD code, *402*SellerCode*Amount#

Users are charged N20 per transaction through mCash for all transactions below N10, 000 while all transactions above N10, 000 cost N50 to both the merchant and the customer. Should transactions fail a resolution is guaranteed within six hours. 

How To Get mCash Seller Code


To get your 8-digit Seller Code kindly contact any of your financial institutions.

How To Make Payment With mCash


Simply dial *402*SellerCode*Amount#

mcash ussd shortcode


The Screen will display : 

  • The Name of Seller
  • List of your Banks

Select your Bank

Input your PIN/Passcode


If you do not have a PIN/Passcode, you will be required to register for a PIN/Passcode.

Kindly note that you can use any mobile phone and it available across all Nigerian networks.


How To Receive Payment With mCash


Register for mCASH with your Financial Institution

You will be issued an 8-digit Seller code

Paste the communication material that contains the seller code at your Pay Point in the clear view of payers

NOTE: Always use the mobile number linked to your BVN for mCASH transactions


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9 comments:

  1. Great tips Sir... Thanks for sharing... Commenting from Safaxnet.com

    ReplyDelete
  2. nice tips Sir..thanks

    ReplyDelete
  3. Thanks,please how can the online payment and transaction be made now that cant use our credit/debit cards again foreign payment online. Help needed please.

    ReplyDelete
    Replies
    1. You can pay with gbtbank if you are contributing less than 100usd. Or get a payneer fund

      Delete
  4. Great. Thanks again Ogbonge.

    Commenting from..... www.styleatlantic.com

    ReplyDelete
  5. Anonymous11/18/2016

    Would business registration or business account be necessary for people to receive merchant code?

    I encouraged my vulcaniser to obtain it and this question came up in my mind after I left the man


    ReplyDelete
  6. Nice guide bro. This sounds cool as I will try them.

    Have a nice day, Jide

    ReplyDelete

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