e secure and convenient payment capability to 3.5 milli
Orange and Visa have
announced that Orange Money customers will soon have access to Visa prepaid
account features in
technotoday.org side their Orange Money accounts – a significant step in
bringing Visa-quality payments to consumers in developing markets.
Orange Money is the
mobile phone-based p
stanyarhouse.com ayment 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 local bank partners, the service was first introduced in 2008
and is
theamericanbuzz.com
presently available in eight countries across Africa and the Middle
East. Orange plans to introduce 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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