Orange, BNP Paribas open new retail mobile banking services in Africa with Orange Money

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By SundiataPOST, Abuja

PARIS – Orange and the BNP Paribas group offer retail banking customers in Africa direct access between their BNP Paribas account and their Orange Money account through their mobile phones. This new service became available Monday in Côte d’Ivoire and will be extended to other countries in which BNP Paribas and Orange Money are present, Senegal.

The service allows customers the BNP Paribas group (BICICI in Côte d’Ivoire) to carry out real- banking operations without going to their banks, simply by using their Orange Money account.

Customers can transfer money to their Orange Money account directly their BNP Paribas bank account, or vice versa, simply, quickly and securely.

This flexibility in transferring money between and mobile accounts will make it easier to the services already offered by Orange Money, such as payment for goods and services (water, electricity and television bills, etc.) and purchases airtime credit.

The large network licensed Orange Money distributors will supplement the network BNP Paribas bank branches, offering a maximum number cash withdrawal points to all customers, in more .

“Orange Money and BNP Paribas are joining forces to deploy Orange Money services to banking customers in their common sales territories in Africa. BNP Paribas customers will thus benefit Orange Money functionalities such as money transfers, payments, merchant payments and purchases of airtime credit. The synergies of our businesses will make it easier for customers to manage their money, wherever they are in the country and at any of the day,” says Thierry Millet, Director of the Payments and Contactless Programme at Orange.

“This agreement gives Orange Money customers access to new banking services (savings account, international bank , etc.) and gives BNP Paribas customers access to an extensive withdrawal/deposit network and the possibility of paying bills or buying telephone credit their mobile phones,” adds François Benaroya, Retail Director in the International Retail Banking branch of BNP Paribas.

Through the new , Orange Money and BNP Paribas pledge to increase the percentage of the holding by offering a fast, secure and reliable service for managing all daily banking operations.

Orange Money currently has more than 10 million customers in 13 countries in Africa and the Middle East. Subscription to the Orange Money service is free of charge.