Become a Glo Mobile Money Agent

Become a Glo Mobile Money Agent

Globacom limited (or Glo) is a Nigerian Multinational Telecommunications Company with headquarters in Lagos, Nigeria. Glo is a privately owned telecommunications carrier that started operations on 29^th August, 2003. It currently operates in four countries in west Africa, namely Nigeria, Republic of Benin, Ghana, and Cote D’Ivoire and
is a hundred percent Nigerian owned company.

Glo built an $800 million high capacity fibre-optic cable known as Glo-1, a submarine cable from the United Kingdom to Nigeria which has the potential to provide high speed internet services, faster, more reliable and cheaper telecom services for the public. Glo is privately owned by the Mike Adenuga group which also consists of Equatorial Trust Bank (ETB) now  sterling bank, conoil plc, a petroleum marketing company and conoil producing , a crude exploration company.

Not forgetting that Glo sponsors spots events as a way of giving back to communities within the countries they operate.

Glo Mobile Money Agent

Mobile money agent is a shop that has been registered by Globacom to offer mobile money services, mainly registration, cash-in, cash-out, airtime vending and bill payment. Mobile money is the location where customers can go and get information and assistance on mobile money services.

How it Works

Cash In

·        Exchange of physical cash into electronic cash (e-value of money).

·        The purchase of e-money/e-value by offering cash to the seller.

Transfer

·        Movement of e-value available in one’s mobile money Account to another mobile wallet. In other words, it is sending e-money to others by sms instructions. Example, Register by depositing N20,000 to the bank, you receive N20,000 e-value on your phone(not airtime) which you can pay out to people in cash in exchange for their own e-money.

Cash Out

·        Exchange of e-value into physical cash.

·        The sales of e-money in exchange for physical cash. It is the withdrawal of physical cash in exchange of e-value.

Benefits

·        Earn excellent commissions.

·        Increased customer traffic flow into your shop because mobile money customers will buy other products from you.

·        Increased sales.

·        Direct instant banking especially at off banking hours.

·        Income earned from mobile money transactions.

·        Bill payments such as cable tv, utility bills, air tickets etc.

·        Global recognized brand association benefits.

Requirements

·        Own a shop in a fixed location that you can be reached anytime.

·        Have customers patronizing your business.

·        Glo sim and a mobile phone (not necessarily internet enabled phone).

Participating Banks

·        Eco Bank

·        Stanbic IBTC bank

·        First Bank

·        GTB bank

·        Skye bank

·        Zenith Bank

Finally,

These services are secure, PIN protected and supported with a 24/7 customer service provided by the mobile network operator. Therefore, people can easily rely on mobile money to perform all their daily financial transactions without the need to carry around cash.

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