One wallet for everything you save, send and spend.
Your MamaSave balance in one place — fund it, pay another member instantly, withdraw to your bank.
Who it's for
Built for people whose money keeps moving.
Traders paying suppliers
Settle a supplier who is also a MamaSave member instantly and free — no bank charges, no waiting on alerts.
Savers expecting payouts
Let your cycle payouts land somewhere safe before you decide what to spend them on.
Group organisers
Move money between Daily Savings, Turn-by-Turn and Committee of Friends without leaving the app.
Anyone tired of scattered cash
One balance instead of money spread across pockets, collectors and multiple bank apps.
Core value
What the wallet actually does.
One balance that receives, moves and releases your money — with a record of every step.
Holds every payout
Daily Savings maturities, Turn-by-Turn payouts, Committee of Friends disbursements and WealthPot maturities all land in the same balance.
Sends to members instantly
Pay another MamaSave member in seconds. Member-to-member transfers are instant and completely free.
Funds your next cycle
Start a new savings cycle, pay a Turn-by-Turn contribution or open a WealthPot straight from your wallet balance.
Withdraws to your bank
Cash out to your saved payout account whenever you need the money outside MamaSave.
Logs every movement
Every credit and debit is written to a ledger you can open at any time — nothing happens quietly.
Funding
Six ways to put money in.
Fund it yourself, let a sponsor do it, or let your completed cycles do it automatically.
Card
Fund through the secure Paystack modal. Your balance updates the moment the payment confirms.
Bank transfer
Transfer to the Cooperative collection account shown in the app. Credits once the bank confirms.
USSD
Dial the USSD string from your phone and complete the top-up without data.
Auto-debit
Schedule a recurring debit so your wallet is funded automatically before each cycle.
Sponsor top-up
Share a HelpMePay link and let someone else fund your wallet for you.
Automatic credits
Completed cycles and matured pots credit your wallet on their own — nothing to claim.
Send to a member
Pay another member in three taps.
Instant, free, and receipted on both sides.
- 1Find
Search the recipient
Search by phone number or name. Results are masked so you confirm the right person without exposing anyone's details.
- 2Confirm
Enter your 4-digit PIN
Every outgoing movement needs your PIN. No PIN, no transfer — even on your own device.
- 3Done
Instant and free
The money lands immediately and both sides get a receipt in their ledger.
Balance slightly short? MamaCredit can cover the difference — see below.
MamaCredit
Pay even when your balance is short.
A convenience feature for small shortfalls — not a loan product.
Wallet covers what it can
Your available balance is applied first; only the difference becomes a credit note.
Fee on the shortfall only
A small fee applies to the covered difference — configurable, currently around 3%.
Settle before you use it again
The outstanding note must be cleared before MamaCredit is available to you again.
Need real credit instead?
MamaCredit is for small gaps. For working capital, use Mama Loans.
Withdrawals
Cashing out to your bank.
Your saved payout account
Withdrawals go to the payout account you saved — bank name, 10-digit NUBAN and the account holder's name.
Usually within about 3 hours
Most withdrawals land in about three hours, weekends included. Bank downtime can add a little time.
One pending withdrawal at a time
You can only have a single withdrawal in flight, which keeps your ledger clean and prevents double payouts.
Ledger and receipts
Nothing moves without a record.
Line-itemised ledger
Every credit and debit shows the date, the source product and your running balance after the movement.
Downloadable statements
Pull a statement for any period and keep it for your own records.
Proof of turnover
Traders can use wallet statements to show consistent money movement when it matters.
Trust and safety
Your balance is protected by design.
Cooperative bank accounts
Funds sit in MamaSave Eliozu Multipurpose Co-operative Society Limited (MamaSave Cooperative Ltd) accounts — never in a personal or staff account.
PIN on every outgoing movement
Sends, funding of new cycles and withdrawals all require your 4-digit PIN.
Device binding and OTP
Sensitive changes — new device, new payout account, PIN reset — need an OTP on your registered number.
Named payout accounts only
You can only withdraw to an account you saved and that was verified against your name.
Card details never stored
Cards are processed by a PCI-compliant provider. MamaSave never sees or keeps your card number.
No hidden charges
Member-to-member transfers are free and the fees that do apply are published on the fees page.
How it connects
MamaWallet sits at the centre of MamaSave.
Money in
- Daily Savings
- Turn-by-Turn
- Committee of Friends
- WealthPot
MamaWallet
One balance, one ledger.
Money out
- Send to a member
- Fund the next cycle
- Withdraw to bank
FAQ
Frequently asked questions.
Keep your money moving.
Fund it, send it, save it, withdraw it — from one balance you can account for.
Wallet funds are held by MamaSave Eliozu Multipurpose Co-operative Society Limited (MamaSave Cooperative Ltd) with NDIC-insured partner banks. Pearl Systems Ltd provides the technology.