MTN, Nedbank partner for cost-effective ATM cash-out solution

Telecommunications giant MTN has partnered with banking group Nedbank to enable Mobile Money (MoMo) customers to withdraw cash at all Nedbank ATMs or any of the participating retail stores, such as Pick n Pay, Shoprite, Checkers, OK Foods and USave, across South Africa at competitive rates. The move builds on MTN’s efforts to deploy mobile money solutions over the past year to drive greater financial inclusion for all South Africans.

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