Introducing Orange Money

Introducing Orange Money

Orange Money is an innovative, mobile phone-based payment system that allows customers to carry out simple financial transactions securely. Orange Money does not require a bank account.

Orange Money is an innovative, mobile phone-based payment system that allows customers to carry out simple financial transactions securely. Orange Money does not require a bank account.

  • Customers can do the following:
  • Cash in: Deposit money into their Orange Money account
  • Cash out: Withdraw money from their Orange Money account
  • Money Transfer: Transfer money from Person to Person within Liberia
  • Top Up: Buy Orange airtime for yourself and others
  • Bill Payment: Pay for goods and services from utility companies and service providers like LEC
  • Balance enquiry: Query available balance

The system was developed by Orange FT Group and conforms to the worldwide security standards and protocols. It has undergone thorough risk analysis and audits by external parties to ensure that the security meets international mobile banking norms.

Orange Money has in built protections such as:

  • A strict policy on anti-money laundering
  • Know Your Customer (KYC) procedures and transactions monitoring
  • All transactions are PIN Protected
  • In the event that a phone is lost or stolen, money can only be recovered upon replacement of the SIM card which requires more checks

Orange Money is developed in partnership with commercial banks in Liberia who work with Orange to ensure controls are adhered to, security of transactions and compliance to the Central Bank of Liberia regulations.