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What Is Binance Pay Momo and How Does It Work?

Δημοσιεύθηκε στις 2025-10-01 02:27
Ενημερώθηκε στις 2025-11-26 15:07

Binance Pay Momo allows you to send money or pay merchants in your local currency with crypto assets.

Please note: Momo is currently only available in Kenya.

How to access Binance Pay Momo?

1. Log in to your Binance account and ensure that your account is verified. Go to [Pay].

2. Select [Momo]

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3. You can now make purchases using your crypto assets for instant crypto-to-fiat conversions.

How to buy goods with Momo (Kenya only)?

1. Select the [Buy Goods] tab on the Momo homepage.

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2. Enter the “Till number” of the merchant.

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3. Enter the amount in your local currency.

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4. Confirm the payment. You can choose to use different crypto to pay.

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5. After 2FA is completed, the payment is submitted and will usually be completed in 60 seconds. We will send you an app push once it’s completed.

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How to pay bills with Momo?

1. Select the [Pay Bill] tab on the Momo homepage.

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2. Enter the “Pay Bill number” of the merchant.

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3. Enter the account number associated with the bill.

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4. Enter the amount in your local currency.

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5. Confirm the payment. You can choose to use different crypto to pay.

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6. After 2FA is completed, the payment is submitted and will usually be completed in 60 seconds. We will send you an app push once it’s completed.

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Frequently Asked Questions

1. What are the transaction limits when using Momo?
  • Buy Goods:500 - 250,000 KES per transaction
  • Pay Bills: 500 - 250,000 KES per transaction
2. How do refunds work when using Momo?

Once a payment is made via Momo, you should contact the merchant or recipient directly for a refund, as Binance cannot process refunds to your Binance account.

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