TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Open RAN
  • Digital Platforms and Services
  • 5G
  • Access Evolution
  • Private Networks
  • Cloud Native
  • Edge
  • Open Networking
  • Sustainability
  • AI, Analytics and Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • 5G
  • 6G Research and Innovation
  • Access Evolution
  • AI, Analytics and Automation
  • Cloud Native
  • Digital Platforms and Services
  • Edge
  • Open Networking
  • Open RAN
  • Private Networks
  • Security
  • Sustainability
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Mobile

Mobile

Orange launches Orange Money in Morocco and confirms its position as a major player in mobile money in Africa and the Middle East

Via Orange

Mar 10, 2020

March 10, 2020 - PARIS, FRANCE: After securing approval last summer from the "Bank Al Maghrib", Orange Morocco announces today the launch of Orange Money in the kingdom. This service will allow Moroccans to make mobile payments and transfer money using their phones. Morocco also becomes the 18th country in the Africa and Middle East region of Orange to offer the Orange Money solution.

Orange Money, a secure and instant service

Orange Money offers every mobile user, regardless of their telecom operator, the option of having a mobile wallet backed by their phone number. The solution allows mobile phone users to carry out financial transactions, pay for phone recharges remotely or withdraw money from their Orange Money wallets at points of sale approved by Orange Money Maroc.

Non-Orange customers can take advantage of the service by downloading the mobile application.

Mobile money for financial and societal inclusion

Mobile money is revolutionising Africa’s economy. A key driver in the continent’s economic growth, Orange Money is a real vehicle for increasing the financial inclusion of populations and the digitalisation of the continent.

For the Group, the ambition is to go further and to offer more services with a seamless customer experience.

Orange Money Group growth engine

As one of the Group's main growth drivers on the continent, the service is constantly evolving for the benefit of populations, companies, institutions and Governments.

Launched in 2008, the Orange Money mobile money solution allows millions of people excluded from the banking system to be able to deposit, withdraw, transfer and make payments easily and simply from their mobile phone, with complete security. 12 years on since its launch, Orange Money continues to record exponential growth. The service is now available in 18 countries. 45 million customers trust this solution and the amount of transactions carried out through Orange Money reached 2.6 billion euros in 2019.

Orange's ambition is to make mobile money an essential means of payment and to become a leading player in mobile financial services in Africa and the Middle East including savings, credit and insurance in strict accordance with the banking regulations of the countries where it operates.

To find out more: Orange Money press kit

Related Topics
  • Announcement,
  • Business Models,
  • Finance & Banking,
  • Middle East & Africa,
  • Mobile,
  • Orange,
  • Telco & CSP,
  • Tracker

More Like This

5G

Guidance raised: Deutsche Telekom continues growth course in 2022

May 13, 2022

Digital Platforms & Services

Mobile UK Calls for Government Investment in Digital Champions as Part of its Levelling Up Agenda

May 10, 2022

AI, Analytics & Automation

Vodafone, Cardinality.io and Google Cloud build a smarter pan-European network performance platform

May 5, 2022

Digital Platforms & Services

BT to abandon its historic brand for consumer services

Apr 27, 2022

Access Evolution

Orange not planning major M&A, says new CEO

Apr 26, 2022

This content extract was originally sourced from an external website (Orange) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

16:19

AT&T Amy Zwarico on securing telco applications in the public cloud

35:55

The best use cases for telco/public cloud partnerships

13:58

Ahmed El Sayed on Vodafone’s ‘techco’ transformation

36:47

The role of 5G in private network innovation

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us
  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2022. All rights reserved. All brands and products are the trademarks of their respective holder(s).