HUAWEI PARTNERS WITH WORLDREMIT TO ACCELERATE GROWTH OF LOW COST MOBILE-TO-MOBILE MONEY TRANSFERS TO AFRICA - FINANCIAL-24 - FINANCIAL-24, we has prepared this article well for you to read and retrieve information in it. Okay, happy reading.

HUAWEI PARTNERS WITH WORLDREMIT TO ACCELERATE GROWTH OF LOW COST MOBILE-TO-MOBILE MONEY TRANSFERS TO AFRICA - FINANCIAL-24

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/ -- Leading digital money transfer service WorldRemit (www.WorldRemit.com) and Huawei (www.Huawei.com/en) have announced a partnership 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 (www.Mobile360Series.com) 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. 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 (http://APO.af/pKFSzc) 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.  Distributed by APO on behalf of WorldRemit.  Media contact: Phoebe Huang Public Relations South Africa Region at Huawei huangman@Huawei.com Lucas Germanos Global Lead, PR and Media Relations at WorldRemit LGermanos@WorldRemit.com About Huawei: Huawei is a leading global information and communications technology (ICT) solutions provider. Our aim is to enrich life and improve efficiency through a better connected world, acting as a responsible corporate citizen, innovative enabler for the information society, and collaborative contributor to the industry. Driven by customer-centric innovation and open partnerships, Huawei has established an end-to-end ICT solutions portfolio that gives customers competitive advantages in telecom and enterprise networks, devices and cloud computing. Huawei’s 170,000 employees worldwide are committed to creating maximum value for telecom operators, enterprises and consumers. Our innovative ICT solutions, products and services are used in more than 170 countries and regions, serving over one-third of the world’s population. Founded in 1987, Huawei is a private company fully owned by its employees. For more information, please visit Huawei online at www.Huawei.com or follow us on: • www.LinkedIn.com/company/Huawei • www.Twitter.com/Huawei • www.Facebook.com/Huawei • www.Google.com/+Huawei • www.Youtube.com/Huawei About WorldRemit: WorldRemit is changing the way people send money. It’s easy – just open the app or visit the website – no more agents. •   Transfers to most countries are instant – send money like an instant message. •   More ways to receive (Mobile Money, bank transfer, cash pickup, and mobile airtime top-up). •   Available in over 50 countries and 140+ destinations. •   Backed by Accel Partners and TCV – investors in Facebook, Spotify, Netflix and Slack. WorldRemit’s global headquarters are in London, UK with regional offices in the United States, Canada, South Africa, Singapore, the Philippines, Japan, Australia and New Zealand.

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