Orange Money reaches 4 million customers

News Wireless Africa 18 JUN 2012
Orange Money reaches 4 million customers
Orange Money has passed the milestone of 4 million customers, 14 percent of its customer base in the 10 African and Middle Eastern countries where the mobile payment service is offered. Orange Money had 1 million users at the end of 2010 and nearly 3 million a year later. The operator added its latest two countries in the past two weeks, Mauritius and Jordan, the latter being the first Orange Money service in the Middle East. Orange Money is also available in Cote d'Ivoire, Botswana, Cameroon, Kenya, Madagascar, Mali, Niger and Senegal. In Madagascar over a third of all customers have opened an Orange Money account, while in Cote d'Ivoire daily transactions now exceed XOF 1 billion (EUR 1.5 mln) a day. Two categories of services are growing quickly, the mobile payment of utility and other bills and bank account services. Orange intends to launch Orange Money in all 22 countries of Africa and the Middle East where it operates.

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