Huawei introduced Digital Payment Cloud Solution

The new solution is expected to accelerate digital financial inclusion in emerging markets

Huawei

Huawei introduced Digital Payment Cloud Solution. Source: shutterstock.com

Huawei has launched a Digital Payment Cloud Solution to help digital payment service operators build super app centered payment ecosystems.

According to the report, Huawei’s digital payment cloud solution brings value to payment operators from 3 aspects.

Firstly, both user and transaction data can be opened in real-time, ensuring immediate query experience for users and merchants. Besides, AI-based analysis lets identify fake transactions and avoid cash-out risks.

Secondly, it will expedite Service TTM with the help of API, H5, mini-apps, and UI bricks technologies. This way, business partners will be able to launch the service on a super app within one week and marketing campaigns from idea to execution within three weeks.

According to GSMA, mobile money today has over 1 billion registered users after more than 10 years of development. However, merchant payment is still at its infancy. We all know that the key to success in the mobile payment business relies on the ecosystem. Super app is a critical platform and engagement point for ecosystem partners and provides an efficient merchant marketplace. Huawei’s digital payment cloud is designed to provide a payment platform and super app that helps mobile payment operators build an ecosystem quickly and efficiently
Ryan Wu, Director of Huawei Software Marketing & Solution Sales Dept

Finally, it will provide an agile iteration. With a cloud-native platform, the solution supports container, micro-service, auto-scaling, grayscale release, and enables software updates in days.

We’ve reported that Huawei and Saudi Payments have entered into a collaboration thus introducing the mada Pay app in Saudi Arabia.

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