e secure and convenient payment capability to 3.5 millic
Orange and Visa have
announced that Orange Money customers will soon have access to Visa prepaid
account features inside their Orange Money accounts – a significant step in
bringing Visa-quality payments to consumers in developing markets.
Orange Money is the
mobile phone-bas
newsvilla.org ed payment service designed by Orange to meet the needs of
customers in Africa and the Middle East. It offers Orange subscribers
applications such as person to person transfers, bill payments, and agent-based
cash-in and cash-out services for loading or withdrawing funds.
Launched in
cooperation with
onnp.org local bank partners, the service was first introduced in 2008
and is presently available in eight countries across Africa and the Middle
East. Orange plans to int
panifol.com roduce Visa payment capability to Orange Money
subscribers in select markets by the end of 2012.
“We already provide secure
and convenient payment capability to 3.5 million unbanked or financially
under-served African citizens,” said Jean- Paul Cottet, Orange’s Executive
Director for Marketing and Innovation.
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