Huawei Moves into the Mobile Banking Market
Published on: 6th Jun 2014
Note -- this news article is more than a year old.
Huawei has announced the launch of a stand alone Mobile Money (MM) solution as the company seeks to tap into the growing demand for mobile banking services.
The software offers a range of services, from mobile banking and payments to a mobile commerce service.
Huawei has already deployed mobile money services with Vodafone, as the M-Pesa supplier in a number of countries.
"Mobile financial services are a blue ocean market. We believe in
reliability, high performance, fast integration capabilities, flexible business
processing and safe and convenient user access as key factors for CSPs to
successfully establish a competitive advantage in this ecosystem. We are
confident that our MM solution is an ideal opportunity for us to work with CSPs
to create a win-win ecosystem in the digital economy", said Mr. Tang Jie,
Director of Huawei Revenue Management Consulting in a statement.
Other than that they have launched the product, no other details were on offer at the moment.