Orange Money Partners with Mastercard to Enhance Digital Payment Access Across Africa

Orange Money has announced a collaboration with Mastercard, aimed at enabling millions of Orange Money wallet holders to access digital payments through Mastercard’s global merchant network by 2025. This partnership will be rolled out in seven countries: Cameroon, Central African Republic, Guinea-Bissau, Liberia, Mali, Senegal, and Sierra Leone.

Through this initiative, Orange Money customers will be able to obtain a virtual or physical debit card linked to their Orange Money wallets. These cards will facilitate both local and international transactions, allowing users to make payments wherever Mastercard is accepted.

The collaboration is designed to accelerate financial access and contribute to the financial empowerment of underserved communities. Aminata Kane, CEO of Orange Money Group for the Middle East and Africa, stated, “This collaboration presents an opportunity to bring top-notch innovation to our customers, enabling them to pay with the Mastercard linked to their Orange Money wallet while traveling internationally and access online shopping globally in a simple and secure manner. By offering our users the ability to pay effortlessly with a Mastercard virtual card, we open the door to new possibilities and promote their financial independence.”

Amnah Ajmal, Executive Vice President of Market Development for Mastercard EEMEA, added, “At Mastercard, we are dedicated to advancing financial inclusion by leveraging cutting-edge technology to create meaningful, scalable impact. Our partnership with Orange Money is a significant step toward unlocking the full potential of digital financial services across Africa, enabling millions to engage in the global economy. This collaboration reflects our vision of building an inclusive digital ecosystem that leaves no one behind.”

In June, Orange’s subsidiary, Orange Energies, announced the availability of Orange Smart Energies, a digital platform providing prepaid access to energy through solar kits and smart meters for all energy producers in Africa. Launched in 2017, this IoT platform aims to address the profitability challenges faced by energy producers in Africa by reducing the risk of non-payment.

Leave a Reply

Your email address will not be published. Required fields are marked *