The pioneering Moroccan startup in the field of fintech and digital services, Ora Technologies, announced the launch of ORA Cash, the first social mobile wallet which will transform financial exchanges in Morocco.
“A revolution in the digital landscape is born with the launch of ORA Cash, the first mobile wallet application with a social dimension, developed by Moroccans for Moroccans,” indicates Ora Technologies in a press release.
This innovation, the result of the startup’s commitment to financial and digital inclusion accessible to all, is positioned as a complete solution adapted to the needs of Moroccans in an increasingly connected world, reports the same source. .
On this occasion, the Founder of ORA Technologies, Omar Alami, quoted in the press release, highlighted the importance of this innovation for Morocco.
“With ORA Cash, we want to build a community of connected users, capable of managing their finances with simplicity and modernity. This project, carried out by a passionate team, is one more step towards the construction of a digital and inclusive Morocco, faithful to the national ambitions of financial inclusion,” he said.
ORA Cash is not limited to being a simple money transfer tool. It is an integrated platform that combines advanced financial services and new social features. With just a few clicks, users can not only send and receive money instantly, but also exchange text or voice messages, share photos or geolocations, and even make digital payments using a QR code. This service is designed to meet the needs of an increasingly digitalized Moroccan society. Young generations, connected and eager for simplicity, find in ORA Cash a solution adapted to their modern lifestyle, while underbanked populations finally have access to accessible and efficient financial services.
For individuals, ORA Cash offers a smooth and instant experience. As soon as they register, which only takes a minute, users are assigned a payment account associated with a RIB, with ceilings that change according to the documents provided. Once their account is activated, they can transfer money for free and without limits, pay their electricity bills or phone top-ups, and withdraw cash from more than 5,000 partner agencies across the country.
Thanks to a strategic partnership with M2T, a subsidiary of Banque Centrale Populaire, ORA Cash benefits from a solid framework and innovative financial services. For merchants, ORA Cash is an essential tool for accepting digital payments at reduced costs.
With some of the lowest commissions on the market, they can optimize their transactions while expanding their customer base.
This partnership with merchants marks a turning point in the local economy, supporting small businesses and encouraging the adoption of digital payment.
A cutting-edge application ORA Cash also stands out for its innovative approach. Developed 100% by Moroccan talents from renowned Moroccan engineering schools, this application offers an intuitive interface available in five languages, including Darija, to address the entire population.
It also allows you to load your account instantly via bank card or branch deposit, thus facilitating its daily use.
