LEADERSHIP & STRATEGY
low 50 % across Africa
platform delivers 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 . Recipients of Xpress Money remittances can use the service to make online and offline payments , pay for essential services such as utilities and school fees , as well as financial services like loan applications , insurance and banking .
“ This partnership with Huawei is going to give us a much larger footprint ,” says Giriyan . “ We ’ ll be able to expand the number of countries where we can put money onto mobile wallets . We ’ ll also be able to bring in some new partners and start putting money onto mobile wallets through the Huawei partnership .
“ Look at the banking penetration
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