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Wave vs Orange Money in Mali

Rates verified 20 June 2026 from operator schedules and momocalc data.

Wave vs Orange Money: which is cheaper in Mali in 2026?

Sending in Mali, Wave is free (vs 1% Orange). On withdrawals, both charge 1%, but Orange caps lower (FCFA4,500) than Wave (FCFA5,000) — Orange wins on large cash-outs. Rates verified 20 June 2026; use the calculator below to compare your amount.

Comparison table

FeeWAVWaveORGOrange
Send / domestic transferFree1% (cap FCFA4,500)
Withdrawal (cash-out)1% (cap FCFA5,000)1% (cap FCFA4,500)
Merchant paymentFree (customer side)Free (customer side)
Cross-border UEMOA transfer~1.5%~1.5%
Fee capFCFA5 000FCFA4 500
Government levy1%1%
momocalc data, verified 20 June 2026. Merchant payment usually free on the customer side; cross-border transfer ~1.5% (Wave & Orange).

Which is cheaper?

To SEND, Wave is cheapest (free). To WITHDRAW, the operators tie on rate (1%), but Orange Money caps lower (1% (cap FCFA4,500)) than Wave (1% (cap FCFA5,000)) — Orange wins on large cash-outs. The Mobile Money Withdrawal Levy applies equally to both.

Calculate your exact cost

Pick the operator, operation and amount to compare live.

FCFAXOF

Worked example: FCFA50,000 a month

OperatorSend/moWithdraw/moWithdraw/yr
WaveFreeFCFA1,000FCFA12,000
OrangeFCFA500FCFA1,000FCFA12,000
Total cost (operator fee + levy) computed for FCFA50,000 per operation, annualized ×12.

Government levy

!

Mobile Money Withdrawal Levy

Levy active

Mali applies a 1% State levy on mobile money cash withdrawals (retrait), paid by the customer withdrawing. It was introduced by Ordinance n°2025-008/PT-RM of 7 February 2025, effective 5 March 2025, to fund basic infrastructure and social development. A separate 10% tax applies to airtime/data top-ups.

Rate
1%
Applies to
Withdraw only
Paid by
Sender

Effective since 2025-03-05

Source: Ordonnance n°2025-008/PT-RM du 7 février 2025 (DGI Mali) ; KPMG TaxNewsFlash ; maliweb · verified 2026-06-20

Which to choose for your use

In Mali the decision turns on the 1% State levy that hits every withdrawal whoever you use, so the gap really opens up on sending — free on Wave versus 1% on Orange. Orange Money and Moov lean on long-established agent networks; newer Wave bets on zero send fees. Favour Wave to send, and avoid splitting withdrawals to keep the levy down.

Frequently Asked Questions

Wave or Orange Money: which should I choose in Mali?+
To SEND, Wave is cheapest (free). To WITHDRAW, the operators tie on rate (1%), but Orange Money caps lower (1% (cap FCFA4,500)) than Wave (1% (cap FCFA5,000)) — Orange wins on large cash-outs. If you mostly send, Wave is better; if you cash out a lot, compare the caps wins. The calculator above decides for your amount.
What are Wave vs Orange Money fees in Mali?+
Wave: Free to send, 1% (cap FCFA5,000) to withdraw. Orange Money: 1% (cap FCFA4,500) to send, 1% (cap FCFA4,500) to withdraw. Plus the Mobile Money Withdrawal Levy. Verified 20 June 2026.
Is Wave cheaper than Orange Money in Mali?+
Yes for sending: wave is cheapest (free). For withdrawals, the operators tie on rate (1%), but orange money caps lower (1% (cap fcfa4,500)) than wave (1% (cap fcfa5,000)) — orange wins on large cash-outs.

Detailed fee tables