The Momo group is a spending management feature, contributing money to use. This fund feature can contribute from many different sources of money, or even many people contribute to that fund to spend the amounts. The MoMo fund creator can invite anyone to join the group and manage the members. Below is a guide to using MOMO fund.
How to create a group fund on MOMO
Step 1:
At the interface on MOMO, users Click on the group Fund then click on Fund creation To do it.
Step 2:
Then you proceed Name the group. In the click group interface Fund contribution To transfer money into this group.
Now you Enter the amount you want to transfer to the MOMO groupaccompanied by notes for the members of the group to know. Click Fund At the bottom to do.
Step 3:
To Add members to the groupclick Invite you To do it.
Now you need Enter the phone number you want to invite in the group then press Invite to the group To do it.
Step 4:
To withdraw then click Fund withdrawalthen you Fill in the amount to withdraw From this general fund.
In the MoMo group fund, only the appointed person to own the fund has the right to withdraw money. This helps ensure transparency and safety in general financial management. The fund owner is responsible for supervising the use of the fund and making transactions.