BOTSWANA – Cellulant, a Pan-African fintech company, has partnered with Orange Money, the mobile money service of Orange to enable card-to-wallet transfers for 8 banks in Botswana.
The Orange Money Card-To-Wallet service in Botswana enables customers to transfer money online from any bank account to an Orange Money wallet.
The service is available to all Orange Botswana customers with bank accounts, allowing them to instantly send money to any Orange Money wallet regardless of who they bank with.
The sender does not need to have an Orange Money account; they are only required to have a registered Orange sim card, while the recipient needs an Orange Money wallet.
This partnership enables customers to move funds from their bank accounts through their cards straight into their Orange Money wallets. While most banks in Botswana have Mobile apps, a few still do not provide this option for their customers.
This solution will now allow bank customers to move money from their bank accounts to their Orange Money wallets through the Orange Botswana website, a process that is powered by Tingg. This applies to both the banks that have apps and those that do not.
The partnership further solves for the long queues that customers have to make to access the agents. This solution, therefore, gives bank customers more options and as a result, customers experience ease and accessibility in moving money seamlessly.
Customers can also buy airtime and access other MNO services using their Visa or Mastercard debit and credit cards through Tingg.
By leveraging its vast networks, Orange Money will enable customers with bank cards from all 8 banks in Botswana to move money from their cards to any Orange Money wallet at the touch of a button.
“This service affirms our commitment towards contributing positively to the growth of the informal and financial services sectors,” said Orange Money CEO, Seabelo Pilane.
“The introduction of Card-To-Wallet aligns with our financial inclusion strategy that is centred around providing relevant and convenient solutions that address our customers’ everyday needs, as well as addressing our priorities around placing our customers first.”
According to statistics, Orange Money currently leads the mobile money industry in Botswana with a 30% market share and over P4.5 billion (US$351 million) in transactions since its launch in 2011.
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