Huawei boosts mobile money service with WorldRemit’s platform

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WorldRemit, Huawei, Mobile Mobile

 

Over 100 million accounts riding on the Huawei’s mobile money service platform across Africa will henceforth have access to WorldRemit’s international money transfer service. This follows partnership deal sealed by Huawei and WorldRemit, a leading digital money transfer service provider.

The partnership, which was announced at the GSMA’s Mobile 360 conference, held in Dar es Salaam, will enable Huawei to add a ready-made solution for remittances, a growing mobile money product offering – to its existing suite of services.

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The deal is also expected to will improve access to mobile money remittance for millions of people that are currently using Huawei’s platform. “International remittance is a very important mobile money service in Africa, and our partnership with WorldRemit will bring international remittances directly to Huawei’s customers across the continent,” said David Chen, VP of Huawei Southern Africa.

He added that Huawei is committed to providing advanced mobile money platforms and technologies to global mobile money operators.”

WorldRemit is the first international remittance company to partner directly with Huawei. The deal is expected to accelerate WorldRemit’s technical integrations with new mobile money operators. Technical integration is frequently a barrier to offering international remittances for mobile network operators (MNO’s).

Commenting on the partnership, Ismail Ahmed, Founder & CEO of WorldRemit, said: “We are delighted to add our remittance offering to Huawei’s extensive range of services for mobile money providers. By making it easier to connect to our service, our partnership will accelerate our ability to introduce our safe, fast and low-cost remittance service to millions of people.”

Huawei built its mobile money services platform to help deliver basic banking transactions in developing countries. The technology is not restricted, and because it works on both smartphones and basic handsets, it has been particularly successful in developing markets.

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