MMID stands for Mobile Money Identifier, is a unique seven-digit code issued by banks to their customers for quick and secure fund transfers using mobile banking services. Know what is MMID & its role in streamlining digital payments? Explore our guide to understand what MMID means, its full form & how it enhances your banking experience. MID definition: 1. among or in the middle of: 2. in the middle of something: 3. (of a vowel) produced with the…. Learn more. The MMID is linked to the customer’s account, and transactions can be conducted using the MMID and mobile number. Customers can use their MMID to conduct transactions such as transferring money, paying bills, and checking account balances.

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