“This partnership builds on the existing Orange Money International Transfer offer, which enables Orange Money customers based in Senegal, Côte d’Ivoire and Mali to carry out cross-border money transfers. Since its introduction in July 2013, the service has been a considerable success with over 200,000 users to date,” Thierry Millet, Orange’s Senior VP Mobile Financial Services and NFC says.
Excerpts from the release further revealed that the partnership between the two parties is the first of its kind.
“Following the successful launch of Orange Money International Transfer between Senegal, Côte d’Ivoire and Mali, we want to develop new ways to allow our customers to send and receive money between countries in the West African Economic and Monetary Union. We are very happy to launch this service between Côte d’Ivoire and Burkina Faso, which meets one of the region’s biggest needs,” he added further.
The money transfer service allow customers to do their cash transactions real time from their mobile phones. To access this service, customers should connect to the Orange Money account on their mobile phones and select the number of the recipient they wish to send money to.
The funds become available in the mobile wallet of the beneficiary, who may use it to pay bills , make transfers or purchase goods from wherever they may be. Customers can also make withdrawals at any nearby Orange Money distribution point.
Orange Money is available in 13 countries in Africa and the Middle East and currently has over 13 million customers.
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