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Payments/GW

Guinea-Bissau

ISO GW · 3 schemes

Summary

  • Orange Money + Mastercard partnership (Oct 2024)
  • 13.4 billion FCFA network investment
  • Max it Scan and Pay feature
  • Virtual/physical cards wallet linked
  • WAEMU zone regional integration

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 Ecobank Guinea-Bissau Pan-African Ecobank Mobile
2 Banco da África Ocidental Regional BAO Mobile
3 Orabank Guinea-Bissau Regional Orabank App
4 BSIC International BSIC Mobile

Market Structure

  • Orange Bissau: Telecom leader
  • WAEMU zone: Regional integration
  • Mobile money: Growing sector
  • 13.4B FCFA: Network investment

Payment infrastructure

National Payment Systems

System Operator Type Status
Orange Money Orange Mobile money Active
GIM-UEMOA BCEAO Card network Active
Bank Transfers Banks RTGS Active

Orange Investment (2024)

  • 13.4 billion FCFA
  • Network modernization
  • 3G+/4G upgrade
  • 1,000+ new villages
  • Orange Money enhancement

Mastercard Partnership

  • October 2024 announcement
  • 7 countries including GB
  • Virtual/physical cards
  • Wallet-linked debit

QR code standards

Orange Money Scan and Pay

Attribute Value
Provider Orange Bissau
App Max it
Feature Scan and Pay
Launch 2024

Max it Features

  • Scan and Pay QR
  • Instant transactions
  • Simplified history
  • Balance checks
  • Orange offers

Mastercard Integration

  • Virtual debit cards
  • Physical card option
  • Global merchant access
  • Wallet-linked payments

Mobile payment apps

App Provider QR Features
Orange Max it Orange Yes Scan and Pay
Orange Money Orange Yes Full wallet
Orange Money Europe Orange Transfer Remittances

Orange Max it Guinea-Bissau

  • All-in-one app
  • Orange services
  • Orange Money integration
  • Online store
  • Scan and Pay QR
  • Transaction history

Orange Money Europe

  • Remittance app
  • Europe to Guinea-Bissau
  • 9 European countries
  • Fast and secure
  • Mobile wallet delivery

Web Payment API

  • Merchant integration
  • E-commerce support
  • Developer access
  • Multi-country

Schemes

Scheme Type Symbology Adoption Technical standard
Orange Money QR Scan and Pay Max it 2024 orange-money-qr
Mastercard Card Virtual/Physical Oct 2024
GIM-UEMOA Card Regional Active

Sources

Full country report

GW-guinea-bissau.md

Schemes

Standards

source · docs/payments/GW/index.md