Eight banks in Botswana will now be able to do card-to-wallet transfers thanks to a cooperation between prominent Pan-African payments business Cellulant and Orange Money, the company’s mobile money service.
Customers in Botswana can transfer money online from any bank account to an Orange Money wallet via the Orange Money Card-To-Wallet service. All Orange Botswana customers with bank accounts can use the Orange Money Card-To-Wallet service, which lets users send money instantly to any Orange Money wallet, no matter what bank they use. The recipient requires an Orange Money wallet; the sender only needs to have a registered Orange sim card. The sender does not need to have an Orange Money account.
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Cellulant Partners with Orange
Due to this cooperation, customers can now transfer money directly from their bank accounts through their cards and into their Orange Money wallets. Even though most banks in Botswana have mobile apps, some still do not offer this service to their clients.
With the help of Tingg, this solution now lets bank customers move money from their bank accounts to their Orange Money wallets through the Orange Botswana website. Both banks with apps and those without are affected by this.
The agreement also addresses the issue of the lengthy lines that customers encounter when speaking with agents. As a result, this solution provides bank customers with more options, which makes it simpler and easier for them to move money without any problems.
Customers can also use their Visa or Mastercard debit or credit cards to access more MNO services and buy airtime through Tingg.
Customers with bank cards from Botswana’s eight banks will be able to instantly move money from their cards to any Orange Money wallet by using the company’s many networks.
“This service affirms our commitment to contributing positively to the growth of the informal and financial services sectors.” “The introduction of Card-To-Wallet aligns with our financial inclusion strategy that is centred around providing relevant and convenient solutions that address our customers’ everyday needs, as well as addressing our priorities around placing our customers first!” said Orange Money CEO Seabelo Pilane.
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Tingg is a payments platform from Cellulant that connects 211 banks across Africa (SMEs). It is a one-stop shop for payments for multinational companies, mid-caps, and small and medium-sized businesses.
With features like in-store purchases that use mobile money and mobile banking as payment options using USSD and QR Codes, Tingg’s adoption across Africa is in high gear.