Read time: 3 minutes

WorldRemit adds low-cost international remittances to Huawei product

Africa , 11 Jul 2017

WorldRemit adds low-cost international remittances to Huawei product

Digital money transfer service WorldRemit and mobile operator Huawei have partnered to make WorldRemit's international money transfer service available to all partners of Huawei's mobile money service platform across Africa.

The partnership, announced at the GSMA's Mobile 360 conference in Dar es Salaam, enables Huawei to add a ready-made solution for remittances to its existing suite of services.

WorldRemit will now connect to the more than 100 million mobile accounts currently using Huawei's platform, improving access to mobile money remittance for millions of people.

WorldRemit is the first international remittance company to partner directly with Huawei, with the deal expected to accelerate WorldRemit's technical integrations with new mobile money operators.

The company said technical integration is frequently a barrier to offering international remittances for mobile network operators, but this partnership was lowering that barrier and enabling all Huawei partners to swiftly switch on this service.

"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."

Ismail Ahmed, founder and Chief Executive Officer of WorldRemit, said he was delighted with the partnership.

"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," he said.

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 these markets.

Read more
Daily newsletter