TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research & Innovation
  • Security
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Industry Announcements

Tracker

Huawei partners with WorldRemit to accelerate growth of low cost mobile-to-mobile money transfers

Via Huawei Corporate News

Jul 12, 2017

New service adds international remittances to Huawei’s suite of mobile money products servicing over 100 million accounts

Dar es Salaam, Tanzania, July 11, 2017: Huawei have announced a partnership with leading digital money transfer service WorldRemit, making WorldRemit’s international money transfer service available to all partners of Huawei’s mobile money service platform across Africa.

The partnership, which was announced at the GSMA’s Mobile 360 conference in Dar es Salaam, enables Huawei to add a ready-made solution for remittances - a growing mobile money product offering - to its existing suite of services. By enabling WorldRemit to connect to over 100 million mobile accounts currently using Huawei’s platform, the deal will improve access to mobile money remittance for millions of people.

From left to right: Alix Murphy, Director of Partnerships, WorldRemit, and Dr. Bello Moussa, Director of Innovation and Industries Relations, Huawei.

WorldRemit is the first international remittance company to partner directly with Huawei. The deal is expected to accelerate WorldRemit’s technical integrations with new mobile money operators. Technical integration is frequently a barrier to offering international remittances for mobile network operators (MNO’s), according to the GSMA. Together, WorldRemit and Huawei are lowering that barrier, 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 & CEO of WorldRemit, 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.”

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 developing markets.

WorldRemit is the leading global provider of remittances, processing 74% of all international transfers to mobile money accounts coming from money transfer operators. WorldRemit makes sending money as easy as sending an instant message.

Related Topics
  • Announcement,
  • Huawei,
  • Media & Entertainment,
  • Middle East & Africa,
  • Mobile,
  • News,
  • Tracker

More Like This

Access Evolution

KPN announces fourth-quarter and full-year results 2022

Jan 31, 2023

Digital Platforms and Services

Samsung Electronics announces fourth quarter and FY 2022 results

Jan 31, 2023

Access Evolution

Orange group announces executive committee reshuffle

Jan 31, 2023

Digital Platforms and Services

BT Group moves from mainframes to the cloud with Kyndryl, targets £17m annual savings

Jan 31, 2023

The Green Network

T‑Mobile Announces 2040 Net‑Zero Commitment

Jan 30, 2023

This content extract was originally sourced from an external website (Huawei Corporate News) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

0:46

The Cloud Native Telco Summit returns this September!

8:32

Azita Arvani on Being a Female Leader at Rakuten Symphony

16:19

AT&T Amy Zwarico on securing telco applications in the public cloud

1:44

Join us for the greatest industry debate of the year!

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us
  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2023. All rights reserved. All brands and products are the trademarks of their respective holder(s).