Orange and MTN unveiled their African mobile wallet joint venture Mowali

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Orange and MTN unveiled their African mobile wallet joint venture Mowali

  • Mowali will allow payments between mobile money accounts issued by any mobile money provider in real time
  • Immediately benefit from the reach of MTN Mobile Money and Orange Money bringing together over 100 million mobile money accounts
  • Enable interoperability between digital financial service providers beyond MTN and Orange operations and markets
  • Digital payment infrastructure that connects financial service providers and customers in one inclusive network.
  • Functions as an industry utility, open to any mobile money provider in Africa, including banks, money transfer operators and other financial service providers
  • Solution embodies Orange’s ambition to be a leading player in the digital transformation of the continent