Payments/BF
Burkina Faso
ISO BF · 3 schemes
Summary
- Orange Money QR merchant payments
- Max it app integrated mobile platform
- GIM-UEMOA regional card network
- mobiquity Pay platform upgrade (2024)
- €160B transactions Orange Money (2024)
Banking landscape
Central Bank
- Name: BCEAO (Central Bank of West African States)
- Website: https://www.bceao.int/
- Role: Regional monetary policy (WAEMU zone)
Major Banks (2024)
| Rank | Bank Name | Type | Digital Platform |
|---|---|---|---|
| 1 | Coris Bank | Local | Coris Mobile |
| 2 | Ecobank Burkina | Pan-African | Ecobank Mobile |
| 3 | Bank of Africa | Pan-African | BOA Mobile |
| 4 | Société Générale | International | SG Mobile |
| 5 | UBA Burkina Faso | Pan-African | UBA App |
Market Structure
- Orange Money: Dominant mobile money
- GIM-UEMOA: Regional card network
- WAEMU zone: Shared CFA franc
- Mobile money: Primary payment method
Payment infrastructure
National Payment Systems
| System | Operator | Type | Status |
|---|---|---|---|
| Orange Money | Orange | Mobile money | Dominant |
| GIM-UEMOA | BCEAO | Card network | Active |
| Moov Money | Moov Africa | Mobile money | Active |
Orange Money Statistics
- 100M+ customers across 16 countries
- €160B transactions in 2024
- QR code payments available
- mobiquity Pay platform upgrade
Regional Network
- WAEMU zone integration
- Cross-border transfers
- GIM-UEMOA card acceptance
- Regional mobile money
QR code standards
Orange Money QR
| Attribute | Value |
|---|---|
| Operator | Orange Burkina Faso |
| Type | Merchant QR |
| App | Max it |
| Feature | Scan to pay |
QR Payment Features
- Pay merchants with QR code
- Merchant number or QR scan
- Eliminate need for cash
- Instant settlement
Max it App Features
- Manage mobile lines
- Secure money transfers
- Pay bills
- Merchant payments
- Single platform solution
Wallet Functions
- E-wallet balance check
- Transaction history
- Bank account top-up
- Withdrawals
- Online purchases
Mobile payment apps
| App | Provider | QR | Features |
|---|---|---|---|
| Max it | Orange | Yes | Full platform |
| Orange Money | Orange | Yes | Wallet |
| Moov Money | Moov | Limited | Mobile money |
Max it by Orange
- Manage Orange Money wallet
- Check e-wallet balance
- View transaction history
- Money transfers
- Bill payments
- Merchant QR payments
Services Available
- Electricity payments
- Water payments
- Orange postpaid subscriptions
- Grocery stores
- Pharmacies
- Bookstores
- Gas stations
mobiquity Pay Upgrade (2024-2025)
- Comviva platform
- Cloud-native solution
- Open architecture
- API-first approach
- Advanced security
Schemes
| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| Orange Money QR | Mobile QR | Max it | Dominant | orange-money-qr |
| GIM-UEMOA | Card | Regional | Active | — |
| mobiquity Pay | Platform | Cloud | 2024 upgrade | — |
Sources
- Orange Burkina Faso - Orange Money
- Orange Max it - Google Play
- Orange Money Africa - App Store
- Orange Newsroom - JUMO Partnership
- The Fast Mode - mobiquity Pay
- Transfi - Burkina Faso Payment Rails
- Wikipedia - Orange Money
- Wise - Orange Money Guide
Full country report
Schemes
Standards
Primary · 1