Orange and Visa aim to boost access to financial services in MEA
Orange Money Group, the mobile money arm of telecom operator Orange, has signed a strategic partnership with payments company Visa to widen access to digital financial services in Africa and the Middle East.
The deal will let Orange Money customers make online payments more easily, expanding what they can do with their mobile wallets beyond basic transfers and cash-in/cash-out. By linking Orange’s reach in mobile money with Visa’s global payments network, the partners say they want to reduce barriers to formal financial services for people who are currently underserved in the banking system. Details on rollout timelines, pricing, and specific markets were not disclosed.
More from Finance
Du Pay, the digital finance arm of UAE operator du, has partnered with Nepalese remittance provider Esewa Money Transfer to push cheaper, more conveni
Brazilian fintech Treeal has partnered with Tencent Cloud to bring the Chinese company’s PalmAI biometric payment system to Brazil. The service lets c
Kenya’s Capital Markets Authority (CMA) has licensed Safaricom and Airtel Money Kenya as intermediary service platform providers (ISPPs), allowing the
First Abu Dhabi Bank (FAB) and Mastercard have rolled out a mobile-first virtual card number (VCN) service for corporate customers in the UAE, describ
Digicel PNG and local microfinance institution MiBank have struck a deal to connect their services, allowing customers to move money between MiBank ac
Safaricom’s M-Pesa Ethiopia has rolled out a new mobile money platform called M-Pesa LeHulum that works with any SIM card, regardless of mobile networ