Orange Money Botswana and EcoCash launched a new partnership to enable better and more affordable access to digital money transfers between Zimbabwe and Botswana.
Powered by TransferTo’s global mobile payments network, this service now allows Zimbabwean diaspora, living in Botswana, to use their Orange Money digital wallet to send money back home to family and friends, in real-time, directly into an EcoCash mobile wallet.
With this partnership, the companies are taking the opportunity to help meet the growing demand for alternative digital financial solutions in Africa and offer a cheaper, secure and more convenient payment infrastructure through which digital transfers are performed.
Remittances represent a very important source of income for Zimbabwe, powering significant social and economic developments across the country. For the over 600,000 Orange Money subscribers, this convenient new service offers a unique payments experience enabling quick, simple and more affordable money transfers between digital wallets, providing an alternative option to traditional means of sending money across borders.
Dr Patrick Benon, CEO, Orange Botswana
As part of our broader financial inclusion and diversification strategy, Orange Money seeks to expand its services to offer a cheaper, secure and more convenient International Money Transfer payment infrastructure from Botswana to the whole Southern Africa region and beyond.
Peter De Caluwe, CEO, TransferTo
We are extremely delighted to be working together with Orange Money Botswana and EcoCash in Zimbabwe to help them expand their product portfolio to provide their customers with better access to real-time mobile money transfer services.