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Orange Money Signs MoU with LivaatVerse

Metaverse gets its first-ever mobile wallet, helping users and brands to simplify the payment mechanism in the virtual world.

In a recent development, Orange Money enters LivaatVerse by signing a Memorandum of Understanding with the venture. Also known as Petra Mobile Payment Services, Orange Money will facilitate the payment functions in the Arabic metaverse. This falls in line with the aim of Orange Money of adopting the latest technological developments.

Engineer Sami Smeirat, the Chairman of Orange Money, has highlighted the development by echoing similar words. Smeirat has said that it fully meets the objective of becoming the first multi-service operator while noting that Orange Money has become the first in the number of open wallets to enter the metaverse. Orange Money has registered over 700 thousand transactions, the highest in terms of volume and the largest in Jordan in terms of PSPs.

(By David Cox)

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