Orange Côte d’Ivoire launches a Visa card

Jul 16, 2018 | Financial Afrik

The Orange Côte d’Ivoire telephone operator proceeded on Tuesday 10 July with the launch of an Orange Money withdrawal and payment card.

It is a new solution for quick and secure payment from the mobile money account for transactions in the West African Economic and Monetary Union (UEMOA) zone. It offers an alternative for customers to make transactions in the ATMs (ATMs) / ATMs of the Visa network.

According to Marius Yao, CEO of the company, “this card will allow customers over 21 years to pay for purchases in stores and outlets equipped with an electronic payment terminal and buy items on the Internet.

” In partnership with Visa and the Atlantic Bank, Orange Côte d’Ivoire is the first operator to offer this innovation in the telecom sector. According to its officials, “in the first quarter of 2018, the operator posted a transaction close to 13 billion FCFA per day and an electronic money in circulation amounting to 93.5 billion FCFA”.

Today, “it records about 15 billion FCFA transactions per day for more than 6 million customers.” As a reminder, the Orange Group has more than 30 million customers in Africa.

Its Orange Money service is present in 17 countries and Côte d’Ivoire becomes the first subsidiary of West Africa and the third African subsidiary to offer this electronic payment card, after Botswana and Cameroon.

Source: Financial Afrik