Orange Money has signed up 10-million customers in Africa.
Stéphane Richard, chairman and CEO of Orange, gave an Orange Money credit to the company’s 10-millionth customer, Kanny G, who opened an account in Dakar, Senegal.
“Orange Money is a revolution in terms of customer experience, and the appeal of this service is the best proof that we made the right choice when we decided to offer mobile payment services in 2008,” Richard says.
“I am very proud to be in Dakar to meet our 10-millionth Orange Money customer. While making a strong contribution to economic and social development, mobile financial services also represent a major growth engine in Africa and the Middle East as well as in Europe for Orange.”
The Orange Money service is available in 13 countries: Botswana, Cameroon, Côte d’Ivoire, Egypt (under the name Mobicash), Guinea, Jordan, Kenya, Madagascar, Mali, Mauritius, Niger, Senegal and Uganda. In 2013, more than 2,2-billion euros in transactions were conducted through Orange Money. In some countries, such as Côte d’Ivoire, more than 40% of all Orange customers have an Orange Money account.
Subscription to Orange Money is free of charge. After opening their accounts, customers have access to three types of services:
* Money transfers, allowing them to send and receive money by phone;
* Easy remote payment for goods and services, whether to pay bills from partner companies (such as water, electricity or TV service) or to buy airtime; and
* Financial services enabling them to wire money to and from a bank account, pay wages and so on.
