Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

TOTAL AND WORLDLINE PARTNER WITH AFRICAN FINTECH INTOUCH TO SUPPORT DEPLOYMENT OF GUICHET UNIQUE,AN INNOVATIVE DIGITAL SOLUTION FOR RETAIL NETWORKS
TOTAL AND WORLDLINE PARTNER WITH AFRICAN FINTECH INTOUCH TO SUPPORT DEPLOYMENT OF GUICHET UNIQUE,AN INNOVATIVE DIGITAL SOLUTION FOR RETAIL NETWORKS

Published : , on

Total and Worldline [Euronext: WLN] signed binding technological, commercial and financing agreements with African fintechInTouch on July 13, 2017.

Under the agreements, Total and Worldline will support the deployment of the Guichet Unique solution in eight African countries — Burkina Faso, Cameroon, Côte d’Ivoire, Kenya, Mali, Morocco, the Republic of Guinea and Senegal.

Guichet Unique provides retail networks with a unique customer-friendly device that makes it possible to securely and seamlessly accept all means of payment, including mobile money, payments through private label cards and cash, and to distribute third party services, such as subscriptions to media content, bill payment, money transfer, card top-up, banking and insurance.

Already deployed in more than 170 Total service stations and more than 600 independent points of sale in Senegal, the Guichet Unique platform manages more than 30,000 transactions per day in that country.

As part of these agreements:

  • Total and Worldline will fund the first phase of deployment of the Guichet Unique solution in the above-mentioned eight countries and become shareholders in InTouch, alongside its founder, Omar Cissé.
  • Total will deploy the Guichet Unique solution in its service station network in these eight countries, with possible further deployment in another 30 African and Middle Eastern countries. This initiative aligns with Total’soverall strategy of offering innovative solutionsto customers and facilitating their journey.
  • InTouch is targeting deployment of the solution in more than 5,000 retail network and independent points of sale in each of these countries.
  • Worldline, on top of supporting InTouch through its payment expertise, will provide a secure and industrial hosting infrastructure to enable the pan-African deployment and run of Guichet Unique.

Timing of the Transaction

Closing of the transaction is subject to the approval of the competent anti-trust authorities.

Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post