This November 14, 2024, Orange Finances Mobiles Senegal (OFMS) and the Sahelo-Saharan Bank for Investment and Commerce (BSIC) entered into a strategic partnership aimed at simplifying and expanding digital financial services in Senegal. This partnership now allows Orange Money customers to transfer money between their BSIC and Orange Money accounts, thus ensuring greater accessibility to financial transactions.
This service is available continuously, 24/7, thanks to the Max It application. In addition to strengthening money transfers, this partnership aims to accelerate financial and economic inclusion in the region, aligning with Orange Money’s ambitions to create more equitable access to banking and financial services. .
This partnership marks a major step forward in the Senegalese financial ecosystem. According to experts, the ability to transfer funds directly between a BSIC bank account and an Orange Money account makes financial transactions easier for many customers, including those in rural areas where access to traditional banking services remains limited.
Orange Money, with this new agreement, affirms its leading position in terms of partnership with banks and microfinance institutions in Senegal and West Africa, already collaborating with more than 25 financial establishments.
Beyond the ease of transactions, this partnership is also a response to the growing demand for accessibility and digitalization of banking services in the region. Through the Max It app, users can access their funds in just a few clicks, independent of traditional bank opening hours, a particularly important benefit for small businesses and self-employed people.
Orange Money and BSIC share a common vision for the future of financial services in West Africa: finance that is accessible, inclusive, and powered by technology. By collaborating together, they are committed to providing solutions tailored to the needs of a broad and diverse audience, from young professionals to merchants, including unbanked populations.
This partnership is part of a broader strategy to meet the needs of the Senegalese and West African population in terms of modern and innovative financial services, thus contributing to inclusive and sustainable economic development.
