#Comviva #Burkina Faso #Ouagadougou #Orange Money

Orange Money Burkina Faso Boosts Mobile Services Through Comviva Partnership

In a significant move for financial technology in West Africa, Orange Money Burkina Faso has announced an upgrade of its mobile money service platform to the next-generation Comviva mobiquity® Pay. This upgrade aims to enhance the provision of mobile financial services and to expand Orange Money’s capabilities across the region, positioning it as a key player in Burkina Faso’s growing mobile money ecosystem.

Strategic Upgrade for Innovation and Growth

This strategic enhancement comes as mobile money services continue to gain traction in Burkina Faso. By upgrading to the mobiquity® Pay, Orange Money is expected to witness an uptick in the introduction of innovative financial products and services aimed at meeting the growing demands of its users. Christophe Baziemo, CEO of Orange Money Burkina Faso, emphasized the importance of this partnership in driving economic and social development within the country. He stated, “Orange Money is one of our primary growth engines and significantly contributes to the economic and social development of Burkina Faso.”

With an increasingly tech-savvy population, the need for more sophisticated mobile financial services is paramount. The new platform will not only allow Orange Money to advance its payment services quickly but will also facilitate seamless integration into the broader financial ecosystem through an open architecture and an API-first approach. This ensures greater flexibility and interoperability, crucial for swift market responses.

Enhanced Security Measures

In addition to innovation, security is a pivotal component of this upgrade. The mobiquity® Pay platform incorporates advanced security features such as robust authentication and authorization modules, coupled with effective session management systems. These security measures are designed to bolster fraud prevention capabilities, ensuring that Orange Money users can transact in a secure environment.

Rajesh Chandiramani, CEO of Comviva, highlighted the long history of collaboration between Comviva and Orange Money, stating, “For over a decade, Comviva has been a reliable partner for Orange, managing the design and technical operations of the platform. Orange's decision to transition to mobiquity® Pay demonstrates its commitment to leading in the evolving landscape of mobile finance.” He noted that this upgrade was the first of its kind in the region and would pave the way for transformative advancements in digital transactions.

The new cloud-native platform promises a comprehensive suite for digital cash management, wallets, and payment services, underpinned by a robust and scalable architecture that guarantees a secure and user-friendly experience. The improved modularity of the service is expected to facilitate the faster introduction of new offerings, empowering Orange Money to respond dynamically to market trends and customer needs.

Conclusion

The upgrade of Orange Money Burkina Faso's platform to mobiquity® Pay marks a notable advancement in mobile financial services for the region. As more users turn to mobile solutions for transactions, the enhancements in service delivery, security, and product offerings are set to redefine the landscape of mobile banking in Burkina Faso, driving further socioeconomic growth and financial inclusion. With this upgrade, Orange Money is not just keeping pace with innovation but is laying the groundwork for a thriving digital future in mobile payments across West Africa.