Huawei & MuRong Jointly Release New Finance Solutions

[Singapore, July 20th, 2022]The launch ceremony of the Mobile Payment and Micro Finance Joint Solution between Huawei and MuRong was successfully held at the Huawei Intelligent Finance Summit 2022. This solution reflects the leading technologies innovation for inclusive finance which makes inclusion possible to meet the opportunities and challenges of Financial Industry.

Digital transformation and innovation are developing rapidly. The opportunities and challenges coexist in the post-pandemic era, like cashless, cardless, contactless, etc. The number of mobile wallet users have grown rapidly. Mobile Payment market scale expect to increase to 1.3 Billon by 2023, surpassing credit cards and cash with rapid adoption. The FinTech investments and innovation are increasing year by year.

In one word, the requirement to Mobile Finance and Micro Finance is becoming necessary to the people and connecting the diversified lifestyle.

Huawei and MuRong released this joint solution for Mobile Payment and Micro Finance to help banks to build a "1+4+7" end-to-end solution.