EFY Times  
Tuesday, October 13, 2015

Orange Celebrates The 10 Millionth Orange Money Customer
Home >> Infotech >> Trends                                                                                PRESS RELEASE
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: 378)

Infotech News
iGTB Announces Launch Of Release 16 At SIBOS 2015, Including Apple Watch Support And A.I. KYC
Fortinet Complements Cisco Application Centric Infrastructure With High-Performance SDN Security
Vodafone To Launch 4G Services In Karnataka
1 Stop Aksh Launches E-Health Service "Ask A Doctor" At E-Mitra Kiosks In Rajasthan
Attune Technologies Honored With The Frost & Sullivan Healthcare IT Services Emerging Company Of The Year Award
Most popular



5 Reasons That Suggest Google Is Becoming New Microsoft
Arup Employs Highly Innovative Engineering Methodologies For Samsung's Device Solutions America Headquarters
Android 6.0 Marshmallow: 7 new features
Must know: Top 5 tech skills for you
5 Things You Probably Didn't Know About Nexus 5X & 6P
Gmail Vs Outlook.com, Which One Is Better?
Top 5 New Features In OS X El Capitan
9 Motorola Phones That Will Get Taste Of Android 6.0
Surface Book, Microsoft's first-ever laptop is launched
5 Hidden Features Of Instagram
Top 6 New Features Of iOS 9
Galaxy S7 may be launched in first quarter of 2016
Germany pledges to invest $2.3 billion in India's solar energy development
Aircel's IoT contract bagged by Tech Mahindra
Now get Apple iPhone 6S, iPhone 6S Plus on Flipkart
Windows 10 event: Devices launched by Microsoft


Top 5 WhatsApp Tricks That You Must Know!
Are you using WhatsApp to it's full potential? Here is how you can utilize all features of WhatsApp....
8 Laptops That Rival Microsoft Surface Book
It's not going to be easy competition for Surface Book....
Top 5 Worst Apps Of All Time
We all talk about interesting and useful mobile apps. Here is the list of worst ones!...
8 Best Android Marshmallow Tips & Tricks
Android v6.0 Marshmallow brings number of new features and shortcuts to mobile device....
Top 6 New Features Of iOS 9
iOS 9 brings new features and performance enhancements to iPhone....
5 Hidden Features Of Instagram
Here are 5 Instagram features that you may not have heard of!...
5 Things You Probably Didn't Know About Nexus 5X & 6P
Google's latest Nexus devices are manufactured by LG and Huawei....
Gmail Vs Outlook.com, Which One Is Better?
Gmail offers best features while, Outlook has most user-friendly and clean interface....
Top 5 New Features In OS X El Capitan
El Capitan is a upgrade worth having for Mac users....
9 Motorola Phones That Will Get Taste Of Android 6.0
Motorola is the first manufacturer to announce it’s plans for Marshmallow update....
5 Reasons That Suggest Google Is Becoming New Microsoft
In today's market, Google is under siege from all directions....
5 Ways Microsoft Office 2016 Can Make Your Life Easier
Microsoft Office 2016 is a comprehensive solution that is designed to make your work life easier....
5 Ways To Speed Up Your Mac
Sluggish computing experience is frustrating. Here are 5 ways to help you speed up your Macintosh computer....
5 Tips To Boost Your Home WiFi
You can get the most out of your home WiFi by using simple tricks....
5 Unique Features Of Microsoft Office 2016
Office 2016 brings tons of new features and apps to boost productivity of users....
  View All
Meet Pranjal Saxena, India's 21 Year Old Electronics Wizard
Milan Ondhia of EFYTimes was in a forthright conversation with the 21 year old Pranjal Saxena from New Delhi; an aspirant at the WorldSkills meet, in ...
“We Offer Managed Document Solutions To CIO And IT Decision Makers”: Canon
Manufacturing within the country will surely reduce the cost of our devices, but manufacturing can begin only if there is the desired eco-system and w...
“One Day The End User Can Open Up A Used Battery, And Use What’s Inside As Barbecue Sauce”
Of course that is not something currently possible, but what B&B Batteries does have are some secret recipes for their very specialised battery design...
We Wish To Procure All The LED Components Within India: Avni Energy
G. Gururaja, director, Avni Energy Solutions Pvt Ltd, shares his views about the expanding LED industry in the Indian market and the company's plans i...
We Have Registered 50 Per Cent Growth In The Last Two Years: Arihant Lighting
Apart from LEDs, Arihant is associated with the promotion of renewable energy in India and therefore, manufactures various energy saving products....
  View All
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
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
Electronics Annual Guide
EFY Awards
Linux & Open Source
Consumer Electronics
Science & Technology
EFY Techcenter

Educational Kits
© Copyright 2015 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