Mongolia · Banking & Payments

Most Money

Most Money is a Mongolian e-wallet for QR payments, transfers and bills, linked to a phone number and usable with cards of different banks.

What it helps with

Paying by QRWithout a bank app.
Topping up a phoneIn the wallet.
Sending money by phoneBetween wallets.

About Most Money:

The wallet is topped up from a bank card or account and pays by QR in shops, for mobile top-ups, utilities and online purchases. Transfers between wallets go by phone number. Registration needs a Mongolian phone number and identity verification.

Key Features:

E-wallet: Linked to a phone number.
QR payments: In shops and online.
Bills and top-ups: Utilities and mobile.
Transfers: Between wallets.

How to Get Started:

Open an account at a branch with your passport, or install the app if you already have one.
Activate mobile banking and set a PIN.
Link your card or account in the app.
Pay by QR in shops or transfer by phone number.

Before you use it

Sign-up: Foreigners usually need a passport and a residence permit or Immigration Agency registration to open an account.
Payment: QR codes from Mongolian banks are accepted in most shops, cafés and taxis in Ulaanbaatar.

Local number needed Local ID needed

Frequently Asked Questions

Does Most Money work with a foreign bank card in Mongolia?: Not reliably - a foreign card may be declined. Check the notice above, or plan to use a local payment method.
Is Most Money available in English?: Not officially - the interface is mainly in the local language.
Do I need a local phone number to use Most Money?: Yes, Most Money requires a local phone number to register.
Do I need local ID or residency for Most Money?: Yes, Most Money requires local ID or residency status.
Where can I use Most Money?: iOS · Android · Web
How much does Most Money cost?: Free app; fees per the bank tariff