African Money Transfers Add Mobile Option

BNP Paribas and Orange signed a partnership to allow its African customers to transfer money between bank accounts and mobiles. The project, which will begin in Côte d’Ivoire, will enable BNP customers to use m-payments to buy goods and services, pay utility bills and purchase airtime credit.

In turn, Orange increases the number of cash withdrawal points for customers, particularly in more remote areas and gives its users access to savings accounts and international bank cards.

Thierry Millet, Director of the payments and contactless program at Orange, said: “The synergies of our businesses will make it easier for customers to manage their money, wherever they are in the country and at any time of the day.”

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.