Vivo Energy Teams Up with Orange Money at Shell Stations

Source: www.gulfoilandgas.com 1/24/2017, Location: Africa

Vivo Energy, the Shell licensee in Africa and Orange announce a collaborative Pan-African partnership agreement. Under this agreement, Orange Money (OM) customers will be allowed to cash in and cash out money from their OM account and pay in any Shell service station operated by Vivo Energy. The services - already available in Mali, Cote d’Ivoire and Madagascar - will be extended to the rest of the common footprint by mid-2017.

This agreement was made in an effort to strengthen both companies’ footprints and to improve customers’ experience by offering them more convenience. Orange Money customers will have access to a network of over 1,000 Shell service stations to transact from. On the other hand, Vivo Energy customers will enjoy the trusted and secured services offered by the platform of Orange Money. They will also save time and money on their payment transactions.

Commenting on the partnership David Mureithi, Executive Vice President at Vivo Energy said: “Mobile money represents a huge opportunity in Africa. Mobile Money services have gained momentum in a number of countries across the continent, led by operators, like Orange, looking to add to their portfolio value-added services. This initiative fits our overall strategy of offering innovating solutions, a convenient experience to our customers and develop a lasting relationship with them. Through this alliance with Orange Money, we want to expand the range of services we offer to our customers and also allow them to pay in a simple and easy way on our retail sites.”

For Mr. Thierry Millet, the Executive Vice President in charge of mobile financial services at Orange Group, “Orange Money has evolved well beyond money transfer to cover from now on all the essential transactions that our customers perform every day. It became a decisive financial inclusion tool on the continent. Together with Vivo Energy, through this multi-country partnership, we significantly increase the number of merchants that accept mobile money transactions. This is a real gain of proximity for our shared customers that can pay in a fast and secure way, and cash in and cash out from any Vivo Energy outlet”.


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Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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