Orange Egypt, the top provider of integrated telecommunications services, has partnered exclusively with mnGm, the first online gold trading platform, to launch Egypt’s first digital platform for buying and selling gold through mobile wallets.
With this ground-breaking launch announced on Thursday, Orange is the first telecom provider in Egypt to offer digital gold trading services, enabling users to purchase and sell gold directly through the Orange Cash Wallet and My Orange app.
Consumers can begin investing as little as EGP 5 and receive up to EGP 100 in cashback on their first gold purchase of EGP 500 or more monthly. The cashback can be used for bundle renewals, recharges, or mobile bill payments.
How to trade gold on Orange Egypt’s mobile wallets
Orange Egypt has created a comprehensive digital experience that makes trading gold easy, safe, and available from anywhere at any time.
To complete the one-time registration process, customers simply need to open the My Orange app, choose the mnGm offer from the “Cash Offers” section, and provide a copy of their national ID along with their Orange Cash Wallet PIN. Through their Orange Cash Wallet, they can then choose how much gold they want to buy, confirm via SMS, and instantly complete the transaction.
Commenting on the launch, Ahmed El Abd, Chief Consumer Business Officer of Orange Egypt, said: “By introducing Egypt’s first digital gold trading platform, we are redefining the role of mobile wallets—from being just tools for payments and transfers, to becoming comprehensive financial platforms that empower customers to manage, grow, and diversify their resources. This step reflects Orange Egypt’s commitment to leadership and innovation in digital financial services and our role in driving Egypt’s digital economy.”
Customers can trade small amounts of gold in a variety of safe and flexible ways with fractional gold investment and digital payments, two rapidly expanding global trends.
Orange Egypt offers its clients a reliable and user-friendly digital payment platform that facilitates wider involvement in the gold economy by integrating the service with Orange Cash Wallet.
About Orange
One of the top telecom companies in the world, Orange had 42.5 billion euros in sales in 2021 and 140,000 workers globally as of December 31, 2021, including 78,000 in France. With 224 million mobile customers and 23 million fixed broadband customers, the Group had 271 million customers worldwide as of December 31, 2021. The group operates in 26 countries.
Orange is also a top supplier of international telecommunication and IT services to multinational corporations under the Orange Business brand.
Its commitment to exceedingly high ethical, social, and environmental standards, as well as the fact that it offers a diverse and inclusive work environment for all of its employees, are reflected in Orange Egypt’s Gender Equality European & International Standard (GEEIS) certification.
About mnGm
Egypt’s first dedicated online gold buying and selling platform, mnGm, operates in accordance with international standards and has been approved by top international gold industry organizations.
To make gold trading easier for everyone, the company is leading the way in developing safe, easily accessible, and creative digital solutions.