NEWS
Wirecard boosts the launch of
Orange Cash Joven in Spain
W
irecard, a leading specialist for digital financial technology
and mobile payments, is now cooperating with one of
the world’s leading telecommunications operators, Orange, to
upgrade the range of functionalities available for Orange’s mobile
wallet app, Orange Cash, in Spain.
The new feature enables the use of mobile payment for
teenagers, under their parent’s supervision. This app feature is
now available in Spain after its success in France.
Teens are increasingly using their smartphones to pay in stores,
yet many don’t have a bank account or payment card that
they can use for this. With Orange Cash Joven, Wirecard and
Orange have developed a solution that addresses the needs of
the younger generation.
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INTELLIGENTCIO
The concept is simple: to create an account, parents or legal
guardians sign up over the web interface of Orange Cash and
install the app on their children’s smartphones. Via the web
interface, parents can control the sums of money which can
be charged on the account and get a real-time overview of
the expenses. The entire financial administration is managed
through the parents’ Orange Cash account.
“By adding the Orange Cash Joven feature to the app, we have
succeeded in addressing a younger target group in the field of
mobile payments.
“With this solution, teens are very flexible with their finances,
anytime and anywhere,” said Philippe Laranjeiro, Head of Sales
Telecommunication at Wirecard.
www.intelligentcio.com