How to transfer mobile money to Cameroon: the easiest way!
You need to send money to your family in Cameroon, but don’t have a bank account? No worries, you can now make a mobile money transfer to Cameroon. Very popular in Africa and Asia, this service is getting more and more used elsewhere everywhere! In this article, we will introduce you to this service and the rates used in the market.
Mobile money: introduction
Mobile money allows you to make financial transactions using a mobile device such as a mobile phone or tablet. You can receive, store and spend money by only using your phone. Although they are mostly popular in Africa and Asia, there are more than 270 mobile money services around the world. Thanks to mobile money, your phone number matches your bank account number.
Mobile money is safe and simple to use. You can use it anywhere, as long as you have a phone signal.
If you intend to use this service, you should know that mobile money is provided by your telephone operator. And that, regardless of your package (prepaid or monthly payment).
Here are some of the largest mobile money operators:
- MTN: Thanks to its MTN mobile money service, the South African company is a major player in the telecommunications field. It delivers mobile money service to 15 countries in the world.
- Orange Money: It’s a major french mobile service company, and it delivers its services in multiple african countries.
How to make a mobile money transfer to Cameroon?
With its 23 million inhabitants, Cameroon has one of the highest rates of smartphone use in Africa. According to a Médiamétrie study, the number of homes with smartphones has increased by 43% to 72.2% in the second half of 2016. This gives mobile money transfer an important role to play in Cameroon.
Mobile money transfer is possible anytime. You can send and receive money 24h/7. If you want to make a mobile money transfer to Cameroon, make sure to follow these steps:
1-    Ask for the receiver’s account number. It’s their phone number.
2-    Ask for their operator mobile money service. To send mobile money transfer to Cameroon, there’s services like Orange Money and MTN.
3-Â Â Â Â Send money and pay
4-Â Â Â Â The receiver gets the money directly in their mobile account. They are notified in their phone once the money is received.
What are the rates to make a mobile money transfer to Cameroon?
To make a mobile money transfer to Cameroon, you’ll generally have to pay fees. To give you an idea, we’ve selected two big operators present in Cameroon: MTN mobile money and Orange money.
- Orange Money: When you transfer money to an Orange affiliated mobile phone, the fees are charged at the moment of sending and withdrawal. If you transfer to a non-Orange customer, the costs are deducted at the moment of sending, from the account of the sender. For instance, as a sender, you want the receiver to withdraw 10.000 FCFA. If you transfer money to a non-Orange customer, the 250 FCFA will be taken from the issuer’s wallet.
- MTN mobile money: Let’s say you want to make an MTN mobile money transfer from UK to Cameroon. You can find the rates below:
Need to send money abroad?
Monisnap, the money transfer fair and easy
Your first transfer is free
Send mobile money easily to Cameroon with Monisnap
In addition to the solutions that we talked about, there’s Monisnap! It’s a much easier way to transfer mobile money to Cameroon and to more than 100 countries.
You can transfer your money whenever you want. Our service intends to make your money transfer easy to use, fast and fair. It’s a safe and simple way to send money to any person in the world, no matter which operator they use.
Thanks to Monisnap, you can transfer money and make payment using your tablet or your phone. Our main focus is to facilitate the money transfer, this is why we make the rates calculation for you! We have the most attractive fees in the market.
To try Monisnap, here are the steps:
- Create an account and login on Monisnap on our app.
- Choose the country you want to send money in.
- Choose the amount you want to send.
- Enter your beneficiary's phone number.
That's it! The money is send directly on his wallet and he can pay with his phone or withdraw the cash.
With Monisnap, the first transfer is FREE and the other will cost you 0.99ÂŁ whatever the amount you want to send.
🔎 What is Mobile money?
Mobile money allows you to make financial transactions using a mobile device such as a mobile phone or tablet. You can receive, store and spend money by only using your phone.
🤔 What are the largest mobile money operators in Cameroon?
The largest mobile money operators are MTN and Orange Money.
🤷‍♂️ How to make a mobile money transfer to Cameroon?
- Create an account and login on Monisnap on our app.
- Choose the Cameroon as the destination country.
- Choose the amount you want to send.
- Enter your beneficiary's phone number.
đź“Ł What are the rates to make a mobile money transfer to Cameroon?
To make a mobile money transfer to Cameroon, you’ll generally have to pay fees. With Monisnap, the first transfer is free and the others will cost you 0.99£.