Orange Egypt has become the first telecom operator in the country to offer digital gold investment services, launching a new platform in partnership with the pioneering online gold trading platform, mnGm. The service allows customers to buy and sell gold directly through the My Orange app and the Orange Cash Wallet, marking a significant step in the evolution of mobile financial services in Egypt.
Accessible Gold Investment for All
The new feature is designed for accessibility, allowing users to start investing with as little as EGP 5. To encourage adoption, Orange is offering a special incentive of up to EGP 100 cashback on the first monthly gold purchase of EGP 500 or more. The cashback can be conveniently used for Orange services like bill payments or bundle renewals.
A Seamless and Secure Digital Process
Orange has created a fully digital and user-friendly experience. Customers can access the service within the “Cash Offers” section of the My Orange app, register using their Orange Cash Wallet PIN and national ID, and begin trading instantly. All transactions are settled immediately through the wallet and confirmed via SMS, ensuring a convenient and secure process.
Redefining the Role of Mobile Wallets
This initiative significantly expands the functionality of mobile wallets, transforming them from simple payment and transfer tools into comprehensive financial management platforms. By integrating gold trading, Orange Egypt is empowering its customers to save, grow, and diversify their resources, which in turn helps strengthen the nation’s broader digital economy.
About Orange Egypt
Orange Egypt is a leading provider of integrated telecommunication services in Egypt. It offers a wide range of mobile, internet, and corporate solutions, and is committed to driving digital innovation and financial inclusion across the country.
About mnGm
mnGm is a digital platform for trading and investing in gold. It aims to make gold investment accessible, secure, and easy for everyone through its user-friendly mobile application, providing a modern solution for a traditional asset class.
Source: MEA Tech Watch
