Xpress Money one of the world most dependable money transfer brands has joined forces with ICT Company Huawei to drive mobile money services to more of the worlds unbanked in Africa. Huawei, Xpress Money Partner to Grow Mobile Money Footprint in Africa.
This partnership will give the globally respected remittance firm access to Huawei’s mobile money service platform, which has over 100 million mobile money accounts globally.
Huawei, Xpress Money Partner to Grow Mobile Money Footprint in Africa
Huawei mobile money services platform delivers basic banking transactions in developing countries. The technology is not restricted because it works on both smartphones and basic handsets, it has been particularly successful in developing markets.
Director of Marketing & Solution Sales Huawei Southern Africa Region, David Chen Said :
we want to bring the best remittance services to our network partners and their customers. Africa is a key market in the mobile money industry and its imperative we give our customers here access to the best services.
In addition that with Xpress Money strong customer base, we’re excited to see how this partnership will benefit our mobile money users across Africa to provide a more convenient and cheaper remittance service.
Chief Operating Officer of Xpress Money, Sudhesh Giriyan Said :
For those that have limited access to formal banking services, mobile money is a critical technology. There are over 500 million mobile money accounts currently in use and with Huawei servicing over 100 million of these. We’re confident this collaboration will improve the state of financial services for Africa’s unbanked.
Further that by growing Xpress Money mobile money footprint and strengthening Huawei international reach. This partnership will help reduce the cost of remittance services and drive financial inclusion for millions of mobile money users in Africa.