WorldRemit and Huawei Ink Digital Money Transfer Deal
Digital money transfer service WorldRemit and Huawei have announced a deal to make WorldRemit’s international money transfer service accessible to all partners of Huawei‘s mobile money service platform across Africa.
Mobile money services allows customers to money using their phones. Since the introduction of services like Ecocash and Mpesa have demonstrated massively popular in parts of Africa including Zimbabwe and Kenya, where people have less access to traditional bank accounts.
“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,” David Chen, Vice-President of Huawei Southern Africa, said in a statement on Tuesday at the GSMA’s Mobile 360 conference in Dar es Salaam.
The deal will enable WorldRemit to connect to more than 100 million mobile accounts that use the Huawei platform, and is expected to improve access to mobile money remittance for millions of people, the companies said.
Vice President of Huawei Southern Africa, David Chen said: “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.”
Founder & 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 deal will reduce the barrier of technical integrations with new mobile money operators to offer international remittances for mobile network operators to enable all Huawei partners to swiftly switch on this service, WorldRemit and Huawei said.