Orange Madagascar and MFS Africa launch Orange Money Transfert International- a new remittance offering to Orange Money users in Madagascar.
Antananarivo, Madagascar, 26 July, 2012 - Orange Madagascar and MFS Africa today announced the launch of the online money transfer service Orange Money Transfert International, whereby Orange customers in Madagascar can receive international remittances directly to their Orange Money accounts. Orange Money was launched in Madagascar in 2010 to facilitate domestic transfers and currently serves over one million customers. The international remittance service extends the benefits of Orange Money to the Malgache diaspora community in France and elsewhere.
International customers simply register on the website, proceed to pay with most major bank cards, and remit funds to Madagascar with seamless delivery within minutes to beneficiaries of Orange Money accounts at attractive price levels. The highly secure and convenient web portal is provided and operated by MFS Africa and is connected to the Orange Money platform in Madagascar. The international remittance service is a first step in a growing partnership between Orange Madagascar and MFS Africa to introduce simple and relevant financial services to Orange Money customers.
"Our intention with Orange Money Transfert International is to lower the cost of sending money back to Madagascar while making it more convenient for both senders and receivers. We believe this ultimately benefits Madagascar Diaspora members and their families back home" said Jean-Luc Bohe, Chief Executive Officer of Orange Madagascar. "Our partnership with MFS Africa gives us access to a pipeline of exciting services that we will be bringing to the Orange Money customers in the near future," added Mr. Bohe.
"The launch of Orange Money Transfert International today in Madagascar is a key milestone for MFS Africa in our journey to bring simple and relevant financial services to mobile users across Africa. Orange Madagascar has been recognised internationally for the excellence of its Mobile Money service and it is only natural that we partner with them to add more value to their customers," said Dare Okoudjou, Chief Executive Officer of MFS Africa. "With this service, we have kick-started a long-term partnership with Orange, and we look forward to transforming lives and enabling changes in Madagascar," continued Mr. Okoudjou.
France Telecom-Orange is one of the world's leading telecommunications operators with 171,000 employees worldwide, including 105,000 employees in France, and sales of 10.9 billion euros in the first three months of 2012. Present in 33 countries, the Group had a customer base of 225 million customers at 31 March 2012, including 181 million customers under the Orange brand, the Group's single brand for internet, television and mobile services in the majority of countries where the company operates. At 31 March 2012, the Group had 166 million mobile customers and 15 million broadband internet (ADSL, fibre) customers worldwide. Orange is one of the main European operators for mobile and broadband internet services and, under the brand Orange Business Services, is one of the world leaders in providing telecommunication services to multinational companies.
With its industrial project, "conquests 2015", Orange is simultaneously addressing its employees, customers and shareholders, as well as the society in which the company operates, through a concrete set of action plans. These commitments are expressed through a new vision of human resources for employees; through the deployment of a network infrastructure upon which the Group will build its future growth; through the Group's ambition to offer a superior customer experience thanks in particular to improved quality of service; and through the acceleration of international development.
France Telecom (NYSE:FTE) is listed on Euronext Paris (compartment A) and on the New York Stock Exchange.
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About MFS Africa
MFS Africa'svision is to make simple and relevant financial services available to all mobile users across Africa. In February 2011 the company pioneered the fully mobile-based life insurance service Mi-Life in Ghana in partnership with MTN, Hollard Insurance and Microensure. Earlier this year MFS Africa launched its mobile-based short-term loan service KwikAdvance in Ghana and Cameroon and in June it launched MTNMMO.COM a web based international money transfer together with MTN Group. MFS Africa currently operates in Botswana, Cameroon, Cote d'Ivoire, Ghana, Madagascar, Rwanda, and South Africa.
Filip Nilsson, Vice President Money Transfer