The leader in digital payments, Visa, and Orange Bank Africa, the digital bank of the Orange Group, one of the world’s leading telecommunications and digital services operators, have announced the signing of a strategic partnership to boost economic growth in Ivory Coast.
According to the document, the Partnership for Development in Ivory Coast aims to create cash management tools, flexible financing options, and payment solutions for Orange Group’s customers. “Visa will bring its expertise in digital payments and financial security to enable Orange Bank Africa to offer efficient and secure online payment solutions,” the note stated.
Ismahill Diaby, the General Manager of Visa for West and Central Africa, believes that “By combining Visa’s expertise in digital payments with Orange Bank’s innovation in mobile financial services, we are confident that we can contribute to stimulating the growth of innovative digital solutions in Ivory Coast.” According to the document, the objective of the partnership for growth in Ivory Coast is to create cash management tools, flexible financing options, and secure online payment solutions for the population living in Ivory Coast.
“We are pleased with the partnership signed between Visa and Orange Bank Africa, which confirms our common ambition to meet, and even anticipate, the market’s needs for the dematerialization of payment methods,” said Jean-Louis Menann-Kouamé, the Managing Director of Orange Bank Africa. He added, “We understand our customers whose expectations are constantly evolving with development. We know it is crucial to combine our expertise to offer them simple, secure solutions that make their lives easier.”
It is worth noting that Visa is the global leader in digital payments, and Orange Bank Africa is a digital bank created to promote financial inclusion in the UEMOA zone and improve the quality of life for citizens.