Network International has significantly expanded its strategic partnership with Orabank, a leading Francophone African banking group, to enhance the bank’s prepaid and agent banking products. This expanded collaboration, announced yesterday, is set to revolutionize the banking experience for Orabank Group’s customers and accelerate the bank’s digital transformation journey.
The partnership, which began in 2013 when Orabank outsourced its issuer processing to Network International, has progressively strengthened over the years. In 2019, Orabank committed to a seven-year extension with Network International, underscoring the critical role of digital payments in its strategic vision for West and Central Africa.
Ferdinand Ngon Kemoum, CEO of Orabank Group, highlighted the partnership’s role in shaping the future of digital payments in Francophone Africa. He emphasized that the new products and services resulting from this collaboration will elevate the customer experience and reinforce Orabank’s significant position in the financial market.
Dr. Reda Helal, Group Managing Director – Processing, Africa and Co-Head Group Processing at Network International, noted that the expanded partnership will drive transformative changes in digital payments, specifically within the prepaid and agent banking sectors. This development will enhance the efficiency and accessibility of financial services for Orabank’s diverse customer base.
Network International’s expertise in digital payments across the Middle East and Africa complements Orabank’s extensive network and regional influence. The partnership aims to deliver innovative solutions that meet the evolving needs of the banking sector and support Orabank’s ongoing digital transformation.
This expanded collaboration between Network International and Orabank marks a significant milestone in advancing digital payments in Francophone Africa, reflecting a shared commitment to driving technological progress and improving financial inclusion across the region.
DigitalTransformation #Fintech #BankingInnovation #Partnership #NetworkInternational #Orabank #PrepaidBanking #AgentBanking #FinancialServices #FrancophoneAfrica
