One of the leading digital money transfer service, WorldRemit and Huawei have announced a partnership, making WorldRemit’s international money transfer service available to all partners of Huawei’s mobile money service platform across Africa.
a statement by Huawei said that the partnership, which was announced at the GSMA’s Mobile 360 conference in Dar es Salaam, would enable it to add a ready-made solution for remittances to its existing suite of services.
The statement added that by enabling WorldRemit to connect to over 100 million mobile accounts currently using Huawei’s platform, the deal will improve access to mobile money remittance for millions of people.
It said that WorldRemit is the first international remittance company to partner directly with Huawei, adding that the deal is expected to accelerate WorldRemit’s technical integrations with new mobile money operators.
It stressed that Technical integration is frequently a barrier to offering international remittances for mobile network operators (MNO’s), to the GSMA. Together, WorldRemit and Huawei are lowering that barrier, enabling all Huawei partners to swiftly switch on this service.
according to the Vice President of Huawei in South Africa, David Chen: “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..
“Huawei is committed to providing advanced mobile money platforms and technologies to global mobile money operators.”
Also, Founder and Chief Executive Officer (CEO) of WorldRemit, Ismail Ahmed 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.”
The statement said that Huawei built its mobile money services platform to help deliver basic banking transactions in developing countries.
It said that the technology is not restricted, and that because it works on both smartphones and basic handsets, it has been particularly successful in developing markets.
It added that WorldRemit is the leading global provider of remittances, processing 74% of all international transfers to mobile money accounts coming from money transfer operators.
WorldRemit makes sending money as easy as sending an instant message. [myad]
