OM swoops on Morocco

After securing approval last summer from the Bank Al Maghrib, Orange has announced the launch of Orange Money which will allow Moroccans make mobile payments and transfer money using their phones.

Morocco also becomes the 18th country in the Africa and Middle East region of Orange (www.Orange.com) to offer the OM solution.

OM offers every mobile user, regardless of their telecom operator, the option of having a mobile wallet backed by their phone number. The solution allows mobile phone users carry out financial transactions, pay for phone recharges remotely or withdraw money from their OM wallets at points of sale approved by Orange Money Maroc.

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

Mobile money is revolutionising Africa’s economy. A key driver in the continent’s economic growth, OM is a real vehicle for increasing the financial inclusion of populations and the digitalisation of the continent.

For Orange, the ambition is to go further and to offer more services with a seamless customer experience.

As one of the group's main growth drivers on the continent, the service is constantly evolving for the benefit of populations, companies, institutions and governments.

Launched in 2008, the OM mobile money solution allows millions of people excluded from the banking system to be able to deposit, withdraw, transfer and make payments easily and simply from their mobile phone with complete security.

12 years on since its launch, it continues to record exponential growth and is now available in 18 countries. 45 million customers trust it and the amount of transactions carried out through it reached 2.6 billion euros in 2019.