Following the obtaining last summer of its approval by the bank "Bank Al Maghrib", Orange Morocco announces today the launch of Orange Money in the kingdom. This service will thus allow Moroccans to use their telephone as a means of payment and money transfer. Morocco thus becomes the 18th country1 in Orange's Africa and Middle East zone to offer the dematerialized wallet solution.

Orange Money, a secure and instant service

Orange Money offers each holder of a mobile phone, regardless of their telecom operator, the possibility of having a mobile wallet linked to their telephone number. The solution allows users to use their phone to carry out their financial transactions and pay their phone top-ups remotely or withdraw money from their Orange Money wallet at points of sale approved by Orange Money Morocco.

Non-Orange customers can take advantage of the service by downloading the mobile application.

Mobile money in favor of financial and societal inclusion

Mobile money has disrupted Africa's economy. A key player in the continent's economic growth, Orange Money is a real vehicle for increasing the financial inclusion of populations and the digitization of the continent. For the Group, the ambition is to go further to offer more services with a smoother customer experience.

Orange Money, the Group's growth engine

Orange Money is now one of the Group's main growth drivers on the continent, and the service is constantly evolving for the benefit of populations, businesses, institutions and governments.
Launched in 2008, the Orange Money mobile money solution allows millions of people excluded from the banking system to be able to deposit, withdraw, transfer and pay simply from their mobile phone, in complete security. 12 years later, Orange Money continues to record exponential growth. The service is now available in 18 countries. In 2019, 45 million customers trusted this solution and the amount of transactions carried out through Orange Money reached 2.6 billion euros.

Orange's ambition is to make mobile money an essential means of payment and to become a leading player in mobile financial services in Africa and the Middle East, including savings, credit and insurance in strict compliance with the banking regulations of the countries where it operates.