Mtn Momo Launches Handset Rent-to-own To Boost Digital Inclusion In South Africa

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In a bold move to redefine digital inclusion, MTN MoMo South Africa has launched another bold initiative, Handset Rent-to-Own solution, designed to break down barriers and put the power of connectivity directly into the hands of millions of South Africans.

Driven by a clear customer-first philosophy and a relentless pursuit of innovation, this offering empowers users, especially the unbanked and underserved to own a 4G or 5G smartphone affordably, from as little as R10 a day, with no credit checks or paperwork required.

"We're not just launching another product, we're changing the game. Smartphones are gateways to opportunity, education, and financial inclusion. By enabling rent-to-own through the MTN MoMo App, we're placing that gateway into more hands than ever before."

- Kagiso Mothibi, CEO: Fintech SA, MTN South Africa

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