Orange and BOA launch new mobile financial services

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“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 of operations in Africa, the Middle-East and Asia at Orange.

The telecommunications company said that its customers will now be able to transfer money via mobile directly from their Orange Money accounts to their BOA accounts and vice versa.

(READ MORE: Orange’s market entry aided by localised content offering )

Customers can carry out real time banking operations such as transferring money, paying for goods and services and purchasing airtime credit without going to the bank or a store.

Alfa Barry, deputy director of marketing for the Multinational pan-African banking group BOA added that this service will bring in new convenient solutions for their customers.

(READ MORE: Orange & BNP Paribas unveil mobile banking partnership )

“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 an ideal solution that meets our customers’ desire to carry out financial transactions any time and wherever they are,” he said.

The service, which is designed for individuals and professionals and has been available in Madagascar since August, will also be introduced to Côte d’Ivoire, Mali, Senegal, Niger and the Democratic Republic of the Congo in the coming months.