Mama Money

Mama Money
Money Transfer
Personal
Mobile Apps

Mama Money is a South African-based fintech company allowing users to send money to over 17 African countries including Mozambique, Nigeria, Zimbabwe, and Zambia for a small fee. Founded in 2015, the money transfer service lets you send money quickly via its mobile app

Services

  • Personal IBAN

  • Affiliate program

  • Cashback

  • SEPA

  • Loyalty program

  • Insurance

  • Multicurrency account

  • SWIFT

  • Card

  • Crypto

Details

Details
Founded:

2013

Has mobile app:

Yes

Has web version:

No

Contacts:
Languages:

English

Emi type:

Money transfer

Available in these countries:

MAW, IND, PAK, ZIM, BAN, NGR, CMR, GHA, RSA, UGA, KEN, MOZ

Jurisdiction:

RSA

Licenses:

FICA

Main info

Main info
Service fee:

0 ZAR

Money transfer limits: Once your account is activated you can send up to R5000 per order and up to R25,000 per month. You can also upgrade your account to send higher limits of R50,000 per order and R100,000 per month.

Account opening fee:

0 ZAR

Deposit fee:

- Electronic Fund Transfer
- Cash at designated payment points
- Cash at designated banks (fee is up to 2.5%)

P2P fee:

5% of each transaction

Main currency:

ZAR

Number of currencies:

1

Other currencies:

INR, USD, NGN, GHS, KES, UGX, BDT, PKR

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