UNITEL launches mobile money service in Angola empowered by Huawei

UNITEL on Monday launched a digital money service "UNITEL Money" in Angola, the UNITEL's press office confirmed here to Xinhua.

The service allows to make deposit, withdrawal, transfer and payment via mobile phone, without needing a bank account.

The "UNITEL Money" technology platform is empowered by Huawei, with whom UNITEL has been cooperating "over the past couple of years", according to a UNITEL's statement.

"The project is more than a mobile payment service, it enables local ICT ecosystem to tap into mobile payment and grow digital economy; it brings benefits not only to individuals but also to SMEs to help grow their businesses to fuel the economic recovery in the post COVID-19 era." The statement added.

"Huawei is willing to work with UNITEL and commit to provide high-quality telecommunication service and mobile payment services for Angola as always, boost the rapid growth of non-cash payments, and contribute to the transformation of Angola's digital society and economy." the CEO of Huawei Angola Chu Xiaoxin said while addressing journalists during a workshop on the subject held on Friday in Luanda.

Also on the occasion UNITEL's Managing Director, Miguel Geraldes paid tribute to the contribution made by Huawei "as a reliable and long-term strategic partner".

For Geraldes, as part of non-banking financial institutions, UNITEL wants to contribute to the digitization of payment services.

SOURCE: Xinhua

The initiative will be available in the 18 provinces of the country. Enditem