EFY Times  
Wednesday, September 17, 2014

 
GO
 
 

Orange Celebrates The 10 Millionth Orange Money Customer
 
Home >> Infotech >> Trends
 
Orange Celebrates The 10 Millionth Orange Money Customer  
 
   
Rate this news:  (0 Votes)
Thursday, April 17, 2014 Stéphane Richard, Chairman and Chief Executive Officer of Orange, gave a bonus to the 10 millionth customer of Orange Money in Dakar, Senegal: Ms Kanny G., who had gone to an Orange Money outlet to open an account, was surprised to learn that she had won a smartphone with an Orange Money credit of 100,000 FCFA (152 euros).






“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. I am very proud to be in Dakar today 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,” said Stéphane Richard.

Orange Money has seen exponential growth since it was launched. The service is now 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. The ten million mark has just been hit, and in some countries, such as Côte d’Ivoire, more than 40% of all Orange customers have an Orange Money account.

The success of the Orange Money service is closely linked to that fact that it meets strong expectations by people in Africa and the Middle East. It adapts to lifestyles in countries where only a minority of inhabitants have bank accounts yet the majority have a mobile phone. It makes life easier for users every day by giving them a way to keep their money safe or by saving time on all of their transactions.

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 (e.g. water, electricity or TV service) or to buy airtime;

-financial services enabling them to wire money to and from a bank account, pay wages, etc.

Orange Money is a major source of innovation for the Group, which is broadening its offer by developing an ecosystem of services and partnerships. For example, Orange recently launched several flagship projects:

-Orange Money International Transfer for mobile-to-mobile money transfers between Côte d’Ivoire, Mali and Senegal, which has achieved a market share of 15% in a matter of months;

-a partnership with Visa in Botswana, giving Orange Money subscribers easy access to new transaction options at Orange outlets, online and in licensed vending machines;

-a partnership being deployed with Total on distribution and merchant payment in service stations for greater access to Orange Money.

A number of other projects are planned for 2014: the opening of additional corridors for international transfers, the creation of services for customers with bank accounts, and the development of new interfaces for smartphones, which are becoming more widespread. Moreover, the Group is continuing its efforts to build up its distribution network, especially in the most remote regions, as proximity is a key success factor for Orange Money.

Orange’s ambition is to support the anticipated growth of the mobile payment market in the coming years. The Group also plans to expand its range of affordable financial and banking services and give as many people as possible access to them. Its objective is to turn them into indispensable services in the years to come, just as voice services, text-messaging and Internet access are today.

Distributed by APO (African Press Organization) on behalf of Orange.



Print Email Post Comment 
(Total Views: 172)
 
Share

 
 
Infotech News
   
Microsoft Locks The Deal With Minecraft Maker Mojang For $2.5 Billion
ViewSonic, The Best Selling Professional 1080p Projector Brand
Perpetuuiti Named A ‘Recovery Assurance And Orchestration Automation’ Vendor In Gartner’s ‘Hype Cycle For IT SCM, 2014’ Report
Samsung Galaxy Grand Prime ‘Selfie’ Smartphone Leaked
Infor Reports Q1 License Revenue At Double-Digit Growth
 
 
 
     
     
     
     
     
     
Most popular
 

Daily

Weekly

15 Skills That Make You A Real Geek!
15 Skills That Make You A Real Geek!
15 Steps Which You Need To Follow After Installing Ubuntu
10 Most Important Facts About Linux Mint 17
10 Must-Have Free Software In Your PC
5 Tips To Help You Improvise LibreOffice Writer Experience
HP Opts For Open Source Technology For Its Cloud Storage, Acquires Eucalyptus
Top 10 Free And Open Source Blogging Platforms For Developers
Learn How To Create Animations Without jQuery
Microsoft Starts Text Search For Audio And Video Content
16-Year-Old Indian Boy Invents Device To Turn Breath Into Speech
Best 10 CSS Editing Tools For Programmers And Web Developers
Best 7 Open Source Alternatives To Tally
Image Of First Microsoft Phone Without Nokia Branding, Leaked
Ubuntu SmartWatch To Follow Apple Watch Or Not! Uncertainty Remains
5 Reasons Why You Need Bash Scripting
12 Rules To Follow To Create Quality Code
 
   

Overall

Agility Systems Deals in:

Document Management System for law firms
Features
10 Reasons Why You'll Find JavaScript As The Best Language For Web Development
Developers love to use JavaScript and here are the best 10 reasons why you need to learn JavaScript for your web development aspirations....
Top 10 Books On Computer Network Security
To enhance your knowledge about computer security, here we provide a list of best 10 books which will help in your better understanding of the domain....
5 Points You Need To Remember The Most About Diodes
If you are working with electrical or electronics circuits, then you can't forget the basic operations and requirements of diodes. Here we present a b...
Top 10 Download Managers For Linux To Make Download Faster
There are loads of choices for you, if you are looking for the best open source download managers for Linux but selection becomes quite difficult. Her...
Best 10 Live CDs For Network Security On Linux Distributions
Live CDs load into the memory and access your operating system and other tools, without any permanent installation on the machine....
5 Online Tutorials For Ethical Hacking
Hacking is not always a malpractice. Ethical hacking is also an integral part of it and when it's associated with penetration testing, your computer s...
5 Reasons Why You Need Bash Scripting
If you want to learn terminal commands, it's best that you learn bash scripts and cron jobs....
10 Must-Have Free Software In Your PC
We're sure you must not be in favour of paying an amount for the best software in your PC, when there are loads of available for free. So here are 10 ...
Best 10 CSS Editing Tools For Programmers And Web Developers
Having the best, user-friendly and simple CSS editing tools on any OS is always on the requirement list for programmers and developers....
Learn How To Create Animations Without jQuery
JavaScript animation libraries which bypass jQuery actually deliver incredible performance as they avoid DOM manipulation as much as possible....
10 Open Source Cloning Software For Linux Users
These cloning software take all disk data, convert them into a single .img file and you can copy it to another hard drive....
Top 18 Android KitKat Smartphones Available In India!
If you are looking to buy a smartphone with latest Android, here's a must-check list of devices for you....
12 Rules To Follow To Create Quality Code
If you're serious about developing quality programs, then you just need to follow these 12 simple rules....
15 Skills That Make You A Real Geek!
So you think you're a geek? Do you know how to zero fill your hard drive?...
15 Steps Which You Need To Follow After Installing Ubuntu
Are you confused about what to do with your newly installed Ubuntu and how to go ahead with this in coming days? Then here are 15 points which you nee...
 
  View All
Dialogue
 
10 Questions That Google Never Asks While Hiring!
Here is a list of 10 questions that Google just banned from their interviews....
For Enjay, Open Source Technology Is A Way Of Life
An entirely open source-based company, Enjay IT Solutions, has built itself a reputation in the OSS domain....
Switching To Tizen Doesn’t Mean We Are Abandoning Android: Samsung
The company has worked to build Tizen up from scratch and has now introduced it to developers and the general public with its latest range of wearable...
Venturing Into The Cloud? Develop A Customised Cloud Strategy First!
Diksha P Gupta speaks to Rushikesh Jadhav, cloud evangelist, ESDS Software Solution Pvt Ltd, on how the cloud has changed the way compan...
HTC Is Strong And There Are No Plans Of Sale Now Or In Future, Says HTC's Senior Director-Marketing
Atithya Amaresh from EFYTimes had an exclusive chat with Sirpa H. Ikola, senior director, Marketing, South Asia, HTC about its devices and its plans w...
   
  View All
Videos
 
First Look: LG Optimus G
The phone sports a high-end display and comes powered by a powerful processor. ...
Create QR-Codes For Free
TEC-IT releases the freeware QR-Code Studio to provide a quick and convenient way of QR code creation for every application scenario....
DoT Secretary Shares Plans For Growth Of Telecom Sector
M.F. Farooqui has recently taken charge as secretary, Department of Telecom....
Hands-On: Sony Xperia Z
Xperia Z is Sony's first entrant model in the big-screen smartphone category. ...
Hands On: Videocon A30 Smartphone
Videocon, the consumer electronics company which is known for its refrigerators, washing machine and air-conditioner has unveiled its Android-based sm...
   
View All
   
 
IFA 2014
 
IFA 2014: LG Launches 34-Inches Curved Monitor
The company is yet to confirm price and availability of the device....
IFA 2014: Intel Launches First Core M Range Of Processors
This range of processors is tailor-made for 2-in-1 devices which include a tablet and a laptop....
MWC 2014: Tablet Lets People Feel Textures On Its Screen
Now feel what you see on your tablet, by way of ultrasonic waves....
MWC 2014: 4K Android Tablet Games To Kill Consoles, iPad
Tablet makers like Samsung want to beat the iPad by making 4K tabs. ...
MWC 2014: This Vodafone Backpack Helps Get Network In Disaster Situations
Two engineers of Vodafone New Zealand displayed the "mini" mobile network by Vodafone substructure in a backpack. ...
MWC 2014: Wilocity Chipset To Bring 'Lightening' Speed To Mobile Phones
Wilocity has developed a WiGig chipset for mobile phones that will bring lightning-fast wireless capability ...
MWC 2014: Samsung Introduces Octacore, Hexacore Chipsets
The Korean giant, Samsung unveiled two new octacore and hexacore chipsets at MWC 2014, in Barcelona. The company previously used Exynos 5 Octa 5410 ch...
   
View All
   
 
Events
 
19th Consumer Electronic Imaging Fair To Be Held On ...

View All
   
   
 
 

home archives contact us advertise with us
           
Magazines Portals Directories Events News Verticals Educational Institute  
Electronics for You
Open Source for You
Electronics Bazaar
electronicsforu.com
efytimes.com
opensourceforu.com
electronicsb2b.com
Electronics Annual Guide
EFY EXPO INDIA
EFY EXPO WEST
ELECTRONICS ROCKS
EFY Awards
OSIDAYS Expo
Electronics
Infotech
Linux & Open Source
Consumer Electronics
Science & Technology
BPO
EFY Techcenter

Educational Kits
Kitsnspares.com  
 
 
© Copyright 2014 EFY Enterprises Pvt. Ltd.
All rights reserved. Reproduction in whole or in part in any form or medium without written permission is prohibited.
Usage of the content from the web site is subject to Terms and Conditions