Updates of The Launch of Orange Money
-Orange Kenya and Equity launching their ORANGEMONEY product at Equity Center.
-Orange Money allows sending money to any network.
-Orange Money is a mapped bank account with a limit of 100,000 which has been set to prevent fraud
-James Mwangi , CEO Equity touted ORANGEMONEY as a "very different service". He said its a real time banking service on SIM card
-ORANGE MONEY will be integrated with SWIFT enabling transfers to/from any bank accounts.
-Equity bank will be outsourcing their retail bank services to their
agents including a/c opening, loans, withdrawals, statements etc
Equity bank is rolling out 6000 agents and will be shared out with Orange Money and any mobile network.
Read More about Orange Money
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