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Huawei powers Kenyas mobile money platform M-Pesa

Thursday 7 May 2015 00:10 CET | News

Chinese telecom company Huawei has unveiled that its mobile money platform is supporting the M-Pesa service for Kenyan mobile company Safaricom.

Safaricom is partly owned by UK-based company Vodafone and the Kenyan government.
Huawei built its mobile money platform to deliver basic banking transactions in developing countries. Since 2012, Huawei and Vodafone have been closely engaged from a business investment and technical perspective to develop the M-Pesa service.

M-Pesa is a Vodafone branded digital financial service (DFS) which provides a value add service to an operators subscribers and leverages existing investments in network and IT platforms.


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Keywords: mobile money, platform, Huawei, Kenya, M-Pesa, Safaricom, Vodafone, DFS, digital financial service, government
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce