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MoMo

MoMo is a mobile wallet in Vietnam. It lets people send and receive payments using a mobile number linked to their account.

What countries are available for MoMo?

MoMo is available in Vietnam.

What currencies are available for MoMo?

MoMo supports VND.

What is the maximum trading duration for MoMo?

The maximum trade time is 1 day. MoMo transfers are generally instant.

What is the maximum XMR limit for a MoMo trade?

12 XMR

Is MoMo a payment method that can be signed?

No, MoMo accounts do not require signing.

How do I set up a MoMo account?

Download the MoMo app and register with a Vietnamese mobile number.

How do I add MoMo as a payment method in Haveno?

  • Go to the top menu in Haveno and select Account.
  • Select Traditional Currency Accounts.
  • Click Add new account.
  • Select MoMo.
  • Enter your account holder name and mobile number. The country and currency are set automatically.
  • Optionally set a custom account name to help you manage multiple accounts. This is visible only to you, for example: MoMo - VND - Nguyen Van A.
  • Click Save new account.

You can add a separate account for each MoMo account you hold. Make sure all details are correct before saving.

How do I buy XMR with my MoMo account?

You can buy XMR with MoMo in two ways:

  • Make an offer to buy XMR on the VND market.
  • Take an offer to buy XMR on the VND market.

When the trade begins, Haveno provides the XMR seller's MoMo details. Send the payment and confirm by clicking Payment sent. Once the seller confirms receipt, your security deposit and purchased XMR become available in your wallet.

Warning

Send payment only to the mobile number provided in the XMR seller's Haveno account.

How do I sell XMR with my MoMo account?

You can sell XMR with MoMo in two ways:

  • Make an offer to sell XMR on the VND market.
  • Take an offer to sell XMR on the VND market.

When the trade begins, Haveno provides your MoMo details to the XMR buyer. After you receive the payment, confirm by clicking Payment received. The buyer then receives their XMR and you receive your security deposit back.

Warning

Confirm that the payment is received from the mobile number provided in the XMR buyer's Haveno account.

Are there any limits for me to be aware of when using my MoMo account?

MoMo sets wallet and transaction limits that depend on your account verification level. Check the limits that apply to your account, since trades above them may need to be cancelled.

Are there any fees for me to be aware of when using my MoMo account?

Sending money between MoMo accounts is generally free. Some services may carry a fee. Check the current fees in the MoMo app.

How does dispute resolution work when trading with MoMo?

If a dispute occurs, the arbitrator may ask the buyer to provide information showing that they paid the correct amount to the XMR seller within the correct time frame.

The arbitrator may ask the seller to provide information to prove their account details are correct, or to show whether a payment was late or of the wrong amount.

For more information see Dispute Resolution.