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Wireless

Orange Spain to launch bank service in H2 2019

Wednesday 14 February 2018 | 13:26 CET | News

Orange Spain has confirmed that it will be launching a mobile banking service in the second half of 2019, following the lead of its French parent. In a statement the operator said the project will be headed by Narciso Perales, currently director of digital transformation at Spain’s Bankinter, with Orange Spain’s director of innovation and mobile banking Luis Santos appointed as chief customer officer. Perales previously worked as engagement manager at management consultancy firm McKinsey and will be tasked with replicating the success of the French venture, which attracted more than 50,000 customers in its first two months.

The Orange Bank platform has been available in France since 02 November, combining the attributes of a traditional bank with a mobile offering delivered via a dedicated app for compatible Android and Apple smartphones. The service allows customers to pay either with a Visa bank card or via mobile payment (in partnership with Wirecard Bank), send money by SMS using SEPA transfer and check their bank balance in real time. Orange last year announced that the new bank aims to attract more than 2 million customers in France in the long term and that it was considering similar services in other European countries including Spain and Belgium.



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Categories: Mobile & Wireless
Companies: Orange Spain
Countries: Spain
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