Digital money transfer service WorldRemit and Huawei have signed a deal which will make the former’s international money transfer service available to African partners of Huawei’s mobile money service platform. The announcement was made at GSMA’s Mobile 360, which is taking place in Dar es Salaam.
The partnership gives WorldRemit access to more than 100 million mobile accounts now using Huawei’s platform. It is also expected to accelerate WorldRemit’s technical integrations with new mobile money operators, an issue previously cited by the GSMA as a significant barrier preventing mobile network operators from offering international remittances.
“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 Southern Africa VP David Chen said. “Huawei is committed to providing advanced mobile money platforms and technologies to global mobile money operators.”
“We are delighted to add our remittance offering to Huawei’s extensive range of services for mobile money providers,” 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.”