Orange subscribers in Cote d’Ivoire, Guinea Conakry and Niger will be able to use their mobile phones to securely send and receive money with each other at any time of the day.
To make this possible in these three countries, Orange has partnered with Ecobank. In a deal that sees users transfer money from their bank accounts to their Orange Money e-wallet and vice versa.
Customers can use their mobile phones to securely transfer money between accounts at any time, without the need to go to a distribution point or to have any physical cash. Ecobank customers can also view bank account balance and obtain mini-statements by SMS via the service.
By enabling customers to link their bank account with their Orange Money account, this new service in Côte d’Ivoire, Guinea Conakry and Niger furthers the development of mobile financial services in Africa.
“Since its launch in January 2015 in Mali, this service has been a huge success with close to 110 million euros transferred between Ecobank and Orange Money accounts,” said Thierry Millet, Director of Orange Money, Mobile Payment and Contactless.
“This easy-to-use system meets the demands of customers …read more