Orange Money, Skye Bank Launch ‘Bank-To-Wallet’ Service
Orange Money, one of Sierra Leone’s leading mobile service providers, in collaboration with Skye Bank, on Wednesday July 31, 2024 launched the innovative ‘Bank-To-Wallet’ digital banking service. The unveiling ceremony took place at the Orange Money head office on Hill Station in Freetown.
This strategic partnership aims to enhance financial inclusion and improve customer satisfaction by seamlessly integrating digital banking services. The new service allows customers to transfer funds effortlessly between their Skye Bank accounts and Orange Money wallets.
During the launch, Akinremi Oladipo, Executive Director of Skye Bank SL Ltd, expressed his enthusiasm for the partnership, highlighting its significance in simplifying financial transactions for customers. “This collaboration with Orange Money creates a robust force in the digital banking sector, ensuring that our services are accessible, safe and convenient for all our customers,” Oladipo stated.
David Mansaray, CEO of Orange Money, underscored the importance of the partnership in advancing customer satisfaction and integrating the financial sector into the mobile digital banking system. “Our customers are at the heart of our operations. This partnership with Skye Bank marks a milestone in our journey to integrate banking services with mobile money, fostering financial inclusion in Sierra Leone,” he said.
The CEO also noted that Orange Money has already integrated eight banks into its mobile money system, emphasizing the company’s commitment to expanding digital banking services. “This is just the beginning. We have numerous collaborations planned to further enhance financial inclusion,” he added.
The ‘Bank-To-Wallet’ service demonstration included a PowerPoint presentation outlining the registration and activation processes. To use the service, customers need both an Orange Money account and a Skye Bank account. Registration is free. Customers can dial #144#, select option 6 (bank), choose Skye Bank (option 8), enter a 4-digit password and receive an activation key. The final step involves visiting any Skye Bank branch to complete the activation.
This innovative service promises to revolutionize digital banking in Sierra Leone, making financial transactions more accessible and efficient for all.