Huawei has partnered with WorldRemit to accelerate growth of low cost mobile-to-mobile money transfers to Africa by making WorldRemit’s international money transfer service available to all partners of Huawei’s mobile money service platform across Africa.
“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. “Huawei is committed to providing advanced mobile money platforms and technologies to global mobile money operators.”
The partnership enables Huawei to add a ready-made solution for remittances to its existing suite of services thereby improving access to mobile money remittance for millions of people across Africa. Huawei has over 100 million mobile accounts currently using its platform, including Kenya’s M-PESA but WorldRemit is the first international remittance company to partner directly with Huawei.
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.