Orange and Bank of Africa offer mobile financial services in new partnership

Soon Bank of Africa and Orange Money customers will be able to transfer money, pay for goods and services and purchase airtime credit on their mobile, thanks to a new partnership allowing users of both services to transfer money from Orange to BOA – and vice versa – on the go.

The new service is designed for individuals and professionals, and is already available in Madagascar. BOA Madagascar is the first bank in sub-Saharan Africa to launch this service with Orange, which will be extended to Côte d’Ivoire, Mali, Senegal, Niger and the Democratic Republic of the Congo in the coming months.

The BOA-Orange mobile money plan is the first in a range of financial services that the two companies are planning. Orange Money currently has more than 11 million customers in 14 countries in Africa and the Middle East. Subscription to Orange Money is free of charge, and the partnership will allow them better access to the millions of Bank of Africa customers in 16 countries in Sub-Saharan Africa.

“The partnership between Orange and BANK OF AFRICA illustrates Orange’s ambition to offer its customers high-quality services that are both easily accessible and easy to use. Our respective businesses complement each other making it easier for customers to manage their money using their mobile, wherever they are in the country and at any time of the day,” said Marc Rennard, Senior Executive Vice President, Africa, the Middle-East and Asia, Orange.
“The partnership with Orange Money enhances our range of services enabling us to increase customer proximity while offering high-quality, simple and useful services. This new service is also a ideal solution that meets our customers’ desire to carry out financial transactions any time and wherever they are,” says Alfa Barry, Deputy Director in charge of Marketing for the BANK OF AFRICA Group.

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