Orange Money to cut across networks
VALUE ADDED SERVICES| Oct. 7, 2011, 4:46 p.m.
By John Churu, Gaborone, Botswana
As from the 24th of October, Orange Botswana’s newly-launched mobile phone-based financial service, Orange Money, will extend its money transfer and withdrawals facility to other networks outside of Orange. This is according to the Head of Orange Money, Moussa Dao.
Botswana has currently three mobile phone operators - Orange, Mascom and be-Mobile, which is a government-owned entity.
Initially, Orange subscribers were the only ones who able to use the facility, which allows them to deposit, withdraw or transfer money from their mobile to another mobile phone within the Orange network.
“From the 24th we will make it possible for our customers to transfer to non-Orange networks operating in this country,” said Dao. Since the launch of the product, there have been no security glitches and Orange hopes with the introduction of other networks in their system, the same smooth flow will prevail.
“Since June 2011, there have been no security glitches. We monitor the transactions daily and the system has inbuilt parameters so you can’t go beyond a certain limit. We are going to extend the same security standards to these other networks that we are roping in as well,” assured Dao.
Dao added that in due course, customers would be able to access the same facility in other countries, but he cautioned: “in the meantime we are studying the security details of the host countries as well.” Dao said Orange’s role was to make day-to-day life easier for as many people as possible.
MORE VALUE ADDED SERVICES NEWS
Apollo Hospitals, Airtel seal telemedicine dealTwo Indian giants, Apollo Hospitals and Airtel Nigeria, have struck a deal designed to bring affordable health care to Nigerians and Airtel’s Premier customers. Read More
Millicom partners Deezer to bring Tigo Music to 5 African marketsTelecoms and media firm Millicom has announced an extension of its partnership with music streaming service Deezer to take its Tigo Music service to five markets in Africa. Read More
Airtel Money offers KRA mobile tax payment servicesBharti Airtel has partnered with the Kenya Revenue Authority (KRA) to offer Kenyan citizens an opportunity to pay their taxes through Airtel Money. Read More
Embracing mCommerceThere’s a word on the lips of everyone in the know these days, and that word is “mCommerce”, says Red & Yellow. Read More
Airtel Money launches new partnership with MOGASAirtel Uganda and MOGAS have officially unveiled their new partnership that allows customers to pay for any MOGAS products and services using Airtel Money at their 38 stations across Uganda. Read More
Econet launches Connected Car serviceEconet has launched yet another revolutionary product branded the Econet Connected Car. Read More
Tigo cash trains over 2,000 agentsAs part of efforts to scale up mobile financial services, particularly in the informal sector, mobile network operator, Tigo is training over 2,000 agents in its award-winning mobile money service, Tigo Cash. Read More
Airtel Money to launch cross border money transfer service across East AfricaBharti Airtel has announced plans to launch a cross border money transfer product in East Africa. This is a first in market initiative across Africa and will enable Airtel Money customers to send, receive and withdraw money from their Airtel Money wallets. Read More
MTN set to support money transfers between Rwanda and UgandaMTN Uganda is partnering with MTN Rwanda to deliver cross border transactions between the two countries. Read More
Former Kampala mayor demands UGX8bn from MTN UgandaMTN Uganda has found itself in protracted lawsuit involving copyrights on caller tunes in a case whose outcome could set a precedent for similar scenarios in future. Read More
FEATURED STORYGrowing African focus on data security
Beachhead Solutions’ new SA and Mauritius country manager explains the challenges and solutions around securing customer data and compliance with new personal information legislation.
BEST READ NEWS
IN DEPTHAfrica lags on digital migration
Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.
COMPANY NEWSVMware reports third quarter 2014 results
VMware, the global leader in virtualization and cloud infrastructure, today announced Year-over-Year Revenue Growth of 18% to $1.52 Billion in its financial results for the third quarter ...