Orange Cote d’Ivoire, Airtel Burkina Faso partner for cross-border money transfers

17 Mar 2015

Subscribers to the respective money transfer services of Orange Cote d’Ivoire and Airtel Burkina Faso can now transfer money to each other for the first time, thanks to an agreement between the two operators. In an Orange Group press release, Thierry Millet, Orange’s senior VP of mobile financial services, commented: ‘Following the successful launch of ‘Orange Money International Transfer’ between Senegal, Cote d’Ivoire and Mali, we want to develop new ways to allow our customers to send and receive money between countries in the West African Economic and Monetary Union.’ The service allows subscribers to instantly transfer funds by entering the recipient’s mobile number and the amount of money to be sent.

Orange notes that its mobile wallet service was introduced in Cote d’Ivoire in July 2013 and has notched up more than 200,000 users to date. According to TeleGeography’s GlobalComms Database, Airtel Money (known locally as ‘m-ligdi’), launched in Burkina Faso in July 2012, in partnership with Ecobank.