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UBA Partners Orange Group on Payment System

By Modupe Gbadeyanka

United Bank for Africa Plc (UBA) has entered into a partnership with Orange Group to make payment seamless for its customers.

According to the bank in a statement issued on Wednesday, the deal is expected to provide innovative financial services across the African continent.

Chairman of UBA, Mr Tony Elumelu, stated that, “We are delighted to see the fruition of this partnership, which is capable of revolutionising mobile money payments across the continent and is very clear evidence of UBA’s commitment to Africa’s development and delivering financial inclusion to Africans.”

According to him, the agreement with the European and African telecoms operator was reached to collaborate on the promotion of Orange Money.

Orange Money enables customers to transfer money from their mobile phone to other account holders domestically and abroad, as well as providing bill payment and other customer-focused solutions, according to the statement.

Both firms expressed their commitments to collaborate on the delivery of innovative and convenient payment options to customers and implement a range of mobile financial services in African countries, where UBA and Orange Money platforms operate.

Also commenting on the deal, Chairman and CEO of Orange Middle East and Africa, Mr Marc Rennard, disclosed that, “UBA, with its extensive network on the continent and large customer base, is the banking group of choice for us in this project and we are delighted with this partnership.”

The partnership, we gathered, was sealed on Wednesday in Paris by Mr Elumelu and Mr Rennard.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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