According to the release, the partnership builds on the success of the existing Orange Money International Transfer offer, which already is enabling 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” said Thierry Millet, Orange’s Senior VP for Mobile Financial Services and NFC.
It is also the first partnership of its kind between the two parties..
The money transfer service will allow customers to do their cash transactions in 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 transferred funds become available in the mobile wallet of the beneficiary recipient, 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 other countries in Africa and the Middle East and currently has over 13 million customers.
Featured Image: thisismoney.co.uk