Orange Finances Money Mali and TerraPay Partner for Cross-border Payments By CIOTechOutlook Team

Orange Finances Money Mali and TerraPay Partner for Cross-border Payments

CIOTechOutlook Team | Monday, 08 January 2024, 09:04 IST

Orange Finances Money Mali, a prominent electronic money establishment and subsidiary of Orange Mali, is pleased to announce a ground-breaking collaboration with TerraPay, a global cross-border payments network with a broad reach. This agreement is a key milestone in Mali's digital financial landscape, connecting over 12 million Malians to the enormous diaspora living around the world, including other African countries.

Bringing together Orange Finances Money Mali's commitment to promoting financial inclusion and TerraPay's proven expertise in facilitating secure cross-border payments, this partnership is set to empower Malians with innovative and seamless financial services, as per TerraPay.

Financial inclusion is one of the most pressing issues in West Africa, and Orange Finances Money Mali has been committed to closing the gap by improving accessibility and inclusion through its services. One of the most notable aspects of this cooperation is the simplicity with which Orange Money Mali clients may cash out funds received in their wallets or utilize them directly for common requirements.

Djeneba Tandjigora, Chief of Transfer Services and Core Business at Orange Finances Money Mali, expressed his enthusiasm about the collaboration, stating, "Orange Money Mali customers can now receive money transfers from several countries using TerraPay's global network. This strategic collaboration simplifies transactions making them quick and secure, enhances the customer experience for Orange Money users and strengthens financial inclusion in Mali."

Amel Kane, Regional Sales Manager Francophone West Africa at TerraPay, views this collaboration as an opportunity to enhance the quality of service and customer satisfaction. "With a direct connection to Orange Finances Money Mali, TerraPay can ensure a seamless cross-border payment experience, reducing operational issues and providing prompt assistance to our partner's clients. This collaboration reinforces our commitment to expanding our direct rails and continually improving our service offerings," stated Amel.