Tech & Sci
19:22, 12-Jul-2017
Huawei links with WorldRemit in money transfer deal for Africa
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Chinese smartphone manufacturer Huawei has partnered with digital money transfer service WorldRemit to enable international cash transfers across Huawei mobile services in Africa, Reuters has reported.
Cashless transfer services using cellphones are hugely popular in some parts of Africa, particularly in areas where banks are scarce or unreliable.
/VCG Photo
/VCG Photo
“International remittance is a very important 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 South Africa said in a statement.
The deal will allow London-based WorldRemit to connect to over 100 million mobile accounts currently using Huawei’s platform, which already offers a basic banking transaction function.
Huawei’s partnership with WorldRemit will reduce the barrier of technical integrations with new mobile money operators to offer international remittances for mobile network operators to enable all partners to swiftly switch on this service, both companies said in a joint statement.
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