Orange Money, Wave, MTN MoMo: integrating mobile money into your point of sale

Why mobile money dominates payments in Africa

In West Africa, bank account penetration remains low, but mobile money adoption has been spectacular. In Guinea, Senegal, Côte d'Ivoire, Mali, and Cameroon:

• Orange Money is present in 17 African countries with tens of millions of users
• Wave has won over Senegal, Côte d'Ivoire, Burkina Faso, and Mali with its low fees
• MTN MoMo covers Cameroon, Ghana, Guinea, and other French-speaking markets
• Moov Money (Flooz) is active in Côte d'Ivoire, Togo, Benin, and Burkina Faso

In many markets, customers now prefer to pay by mobile money rather than in cash. Not accepting these payments means losing customers.

The problem with untracked mobile money payments

Many merchants accept mobile money but don't record it properly in their accounting. The result:

• No way to know how much was collected via Wave vs. Orange Money vs. cash
• Risk of errors and internal fraud
• Inaccurate financial statements at month-end
• No proof in case of a customer dispute

What good point-of-sale software should do with mobile money

Point-of-sale software suited to Africa should let you:

• Select the payment method for every sale: cash, Orange Money, Wave, MTN MoMo, Moov Money
• Split payment : part in cash, part via mobile money
• Separate report by payment method — to reconcile against your mobile money statements
• Receipt showing the payment method used

Neegui and mobile money in West Africa

Neegui natively integrates Orange Money, Wave, MTN MoMo, and Moov Money across all its modules — Retail, Pharmacy and Restaurant.

Every sale records the payment method used. At the end of the day, your sales report automatically breaks down receipts by method: cash, Orange Money, Wave, MTN MoMo. You can reconcile your statements in seconds.

Split payment is also supported — ideal when a customer pays part in cash and the rest via mobile money.