Huawei has signed an agreement with digital money transfer service firm WorldRemit to offer mobile-to-mobile money transfers in Africa.
Under the agreement, WorldRemit’s international money transfer service will be available to all partners of Huawei’s mobile money service platform across Africa.
The agreement enables Huawei to add a ready-made solution for remittances to its existing suite of services.
Huawei will allow WorldRemit to connect to more than 100 million mobile accounts currently using Huawei’s platform, thereby improving access to mobile money remittance for millions of people.
The partnership is likely to speed up WorldRemit’s technical integrations with new mobile money operators.
Huawei vice president of Southern Africa region 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.”
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WorldRemit founder and CEO Ismail Ahmed said: “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.”