Orange, Ecobank roll out money transfer service in Africa

Ecobank and Orange customers in several African countries will be able to transfer money between accounts thanks to new collaboration

Orange, Ecobank roll out money transfer service in Africa

Orange has collaborated with pan-African banking group Ecobank to launch a money transfer service enabling Orange Money subscribers with Ecobank accounts to transfer money between their respective accounts.

The service, which has been launched in Mali, will be rolled-out in countries, including Cameroon, Côte d’Ivoire, Guinea Conakry, Niger, Senegal and the Democratic Republic of the Congo, during the first half of 2015.

The partnership will facilitate money transfers for both Ecobank and Orange customers by allowing them to top up their Orange Money e-wallet from their bank account, and vice versa.

Orange deputy CEO in charge of customer experience and mobile banking said: “This partnership between Orange and Ecobank will further enrich customer experience.

“By facilitating exchanges between Ecobank and Orange Money accounts, our customers will be able to conduct financial transactions quickly and in complete security, bringing them the best of both worlds. We want to offer this service wherever it makes sense.”