Who offers cheapest Mobile Money service in Cameroon?.

There is no way you can stay nowadays without carrying out a Mobile Money transaction and this has actually led to a flux in the use of the various platforms meant for this purpose. The various mobile telecommunication operators try their best to provide the best offers at relatively low cost so much so that one is tempted to ask who is really the cheapest operator among them all.

There is no need to think further as the answer is clearly Orange Cameroun. Responding to this question as to who offers the cheapest Mobile Money service, a specialist in media intelligence, Roland Tene, shares a vivid analysis of the situation. 

Comparative Analysis of the Transfer Rates

Sources : Media Intelligence Research cabinet  

*As shown on the table above, we notice the operator on the right (MTN) provides/offers relatively cheap in terms of transfer meanwhile, the withdrawal charges are quite high. Then looking at the first line, one can notice that, when using the regular code, to make a cash-in transaction, it costs 0.25% and 2% to withdraw the same amount. At the end of the day, you spend 2.25% in total to carry out a transaction. 

Whereas on the left section of the table, as concerns Orange Cameroun, one can notice that the rate is the same everywhere (both cash-in and cash-out), no matter the channel you use to carry out your financial transactions. A final look at the last line which talks about the Orange Money App, one can realise that it costs only 0.05% charges to send money and 1.5% to withdraw.

In total, your financial transactions cost you just 2% of the amount you which you wish to withdraw or send. From this analysis and based on the investigation we made, one can confidently conclude that Orange Cameroun actually offers the best Mobile Money services at cheaper rates… in Cameroon.