Mobile money adoption in Cote d’Ivoire and Cameroon is proliferating. In Cameroon, MoMo adoption increased to 42.7% in 2022 from 29.9% in 2017.  The case is similar for Côte d'Ivoire. A 2021 report by the World Bank found that over 40% of adults hold a mobile money account in Cote d’Ivoire compared to 21% of adults who own a traditional bank account.  

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For international businesses looking to expand into Africa or a local business in either country, make mobile money your primary payment channel to onboard more customers since it's the preferred payment method for most.

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That's why we're expanding our mobile money payment solutions beyond Kenya and Ghana to include Cameroon and Côte d'Ivoire, enabling you to accept payments and make payouts in XAF and XOF in both markets. 

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Who can accept Mobile Money payments in Côte d'Ivoire and Cameroon? 

Kora’s MoMo is built for businesses of all sizes and types, including:

• International conglomerates expanding their products to Africa and need a payment infrastructure to accept payments, make payouts and settle in their preferred currency
• Local businesses who want to accept payments from their customers

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How to accept XOF payments in Côte d'Ivoire with MoMo on Kora 

You can accept West African CFA franc (XOF) payments from customers in Côte d'Ivoire through APIs or Checkout on these networks:

• MTN MoMo
• Orange

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Check out the extensive API doc to help you with the integration here. 

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We also made a video showing how accepting MoMo XOF payments works for your customers.

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How to accept XAF payments in Cameroon with MoMo on Kora 

With Kora, you can accept Central African CFA franc (XAF) payments from customers in Cameroon through:

• MTN MoMo
• Orange Money

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You can accept MoMo payments either through Checkout or API; we’ve got both covered.

Here’s a video of how accepting MoMo XAF payments works.

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How to access XAF and XOF MoMo on Your Kora Dashboard

For existing merchants, please contact us at inboundsales@korapay.com to enable these features.

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If you're new to Kora, please sign up at merchant.korapay.com — we'll enable the features after completing the onboarding and compliance process.

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At Kora, our goal is to connect Africa to the world and connect the world to Africa via payments.

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For startups and businesses working in Africa, we provide All The Support You Need ™️ to start, scale and thrive on the continent.

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‍Sign up to see all the ways you can thrive with Kora.