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
Airtel Rwanda to introduce Airtel Money micro loansIn a bid to expand reach into mobile financial services, Airtel Rwanda has announced plans to introduce micro-loans on Airtel Money on April 1, 2015 in a partnership with Atlantis Microfinance Limited. Read More
BIC, Orange Money agree on payment serviceBotswana Insurance Company (BIC) and Orange Botswana have entered into a partnership which will now enable BIC customers to make their premium payments through the Orange Money mobile money service. Read More
Strathmore, Castalia look to implementation of mobile learningStrathmore University in Nairobi and Castalia Co of Japan has signed a Memorandum of Understanding to launch a feasibility study of “goocus pro” and “goocus 3”, mobile learning platforms developed by Castalia, starting from April of 2015. Read More
Virtual clinic to help monitor medicine intake in TanzaniaThe Vodacom Foundation has donated mobile phones to the Sickle Cell Foundation of Tanzania to support treatment adherence among patients. Read More
Airtel mobile money service now crosses into DRC, Zambia, RwandaBharti Airtel has launched a cross-border money-transfer service for Airtel Money customers between the Democratic Republic of Congo (DRC), Zambia and Rwanda. Read More
Orange, Airtel enable money transfers between Côte d’Ivoire and Burkina FasoCustomers of Orange Money in Côte d’Ivoire can use their mobile phones to send money to customers of Airtel Money in Burkina Faso, and vice versa. Read More
KCB, Safaricom launch comprehensive new mobile banking productKCB Group and Safaricom have launched a new mobile banking product with what they describe as the most comprehensive features yet in the market. Read More
M-PESA: Vodacom Tanzania, Safaricom Kenya connect on transfersOver 7 million M-Pesa customers in Tanzania and over 18 million Safaricom customers in Kenya can now send and receive money from each other. Read More
Safaricom launches M-PESA SurepaySafaricom has announced a new service that will allow organisations to track funds sent to beneficiaries via its mobile money solution M-PESA. Read More
FEATURED STORY2bn priced out of internet access
A new report from the Alliance for Affordable Internet shows that the price of broadband remains prohibitive for billions in developing and emerging countries, with women and rural dwellers hardest hit.
BEST READ NEWS
IN DEPTHVillagers get solar training at Barefoot College
The Botswana Human Resource Development Council (HRDC) has seconded seven semi-illiterate mostly Ngwatle villagers for a six month solar electrification training course at the famed Barefoot College in India.
COMPANY NEWSMicrosoft 4Afrika launches Biz4Afrika online SME hub
Microsoft 4Afrika used the opening of the Connected East Africa event in Diani, Kenya today to launch Biz4Afrika, an online hub providing Kenyan small and medium enterprises ...