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eServGlobal Limited
08 November 2011
eServGlobal Limited (eServGlobal or the "Company")
HomeSend - new remittance corridor
Paris: 8 November 2011
eServGlobal announces an agreement for the HomeSend remittance
service between its strategic business partner BICS and mHITS, a
mobile payment service provider operating in Australia.
The mobile payment service operated by mHITS allows users to
send and receive payments via SMS message. Australia is a key
sending market for international remittance in the Asia-Pacific
region with approx US$3.8Bn in outgoing remittance each year.
Australia's key remittance sending corridors correlate with several
existing HomeSend receiving countries such as China, Vietnam and
the Philippines. The corridor is expected to go live in coming
weeks.
HomeSend continues to set the standard for international
interoperability in mobile money transfer by creating a seamless
connection between a variety of mobile money systems and financial
institutions around the world. The HomeSend mobile remittance hub
service is based on eServGlobal's innovative technology and
operated by BICS, who is a leading provider of international
hubbing and connectivity services for more than 250 mobile
operators worldwide. HomeSend, which benefits from a first mover
advantage, is the only mobile-centric international remittance hub
endorsed by the GSMA, with remittance corridors operating between
countries including the UK, Qatar, the Philippines, Pakistan,
Belgium, Ghana and Morocco.
The BICS and mHITs release is attached to this announcement.
About eServGlobal
eServGlobal specializes in Mobile Money solutions and
Value-Added Services (VAS), to help Mobile Service Providers
increase their revenue and gain and maintain customer ownership.
eServGlobal invests heavily in product development, using
carrier-grade, next-generation technology and aligning with the
requirements of more than 75 customers in over 55 countries.
For more than 25 years mobile and financial service providers
have used eServGlobal solutions to lead and innovate in their local
markets, leveraging their core assets and their trusted agent and
subscriber relationships.
With 13 offices globally, eServGlobal provides full "end-to-end"
and "any account to any account" Mobile Money Services and
International Remittance Services. The HomeSend solution is the
only mobile-centric international remittance hub to gain
endorsement from the GSM Association. The HomeSend Certification
Program ensures security and interoperability by certifying
domestic mobile wallet providers, money transfer organizations, and
financial service providers to connect to the hub.
eServGlobal's Value-Added Services in promotions, loyalty and
messaging enable service providers to engage with their subscribers
in a personalized and dynamic manner.
To reduce time-to market and to meet the needs of operators and
banks, eServGlobal provides multiple licensing alternatives as well
as SaaS-based products and services.
eServGlobal is listed on the Australian Securities Exchange
(ESV) and the London Stock Exchange AIM (ESG). More information at:
www.eservglobal.com
For further information, please contact:
eServGlobal www.eservglobal.com
Alison Cheek, Communications Manager T: +33 (0) 1 4612 7746
Cenkos Securities plc www.cenkos.com
Ivonne Cantu/Stephen Keys (Nomad) T: +44 (0) 20 7397 8980
Threadneedle Communications www.threadneedlepr.co.uk
Caroline Evans--Jones/Josh Royston/Hilary T: +44 (0) 20 7653 9850
Millar
PRESS RELEASE: BICS AND AUSTRALIAN MHITS SIGN AGREEMENT TO
CONNECT TO HOMESEND
Brussels, Belgium - 7 November 2011
BICS, a leading global provider of wholesale carrier services
and a first mover in the mobile financial services market, and
mHITs Limited, a pioneering developer and operator of mobile
payment services, today announced that mHITs has connected to the
international remittance hub, HomeSend.
In Australia, the mHITs branded mobile payment service allows
users to send and receive payments via SMS text message. mHITs is
also working globally to provide simple, ubiquitous mobile payment
solutions for the unbanked in emerging markets.
HomeSend is a strategic business partnership between BICS and
eServGlobal, allowing the real-time transfer of any type of funds,
and from various fund sources, such as eWallets, bank accounts,
credit cards and cash. HomeSend, as such, acts for mHITs as a
central worldwide aggregator, and enables overseas international
remittances via the mobile phone. As a result, people living in
Australia will be able to remit money instantly and cost
effectively to their relatives and friends living abroad.
Frederic Schepens, SVP Mobile Financial Services at BICS said
"We are very happy to work with mHITs, this agreement is a
significant step in the development of HomeSend. Through one single
technical and commercial connection, mHITs' users gain instant
access to all of HomeSend's partners."
"We are very excited to be partnering with BICS for our
remittance service" said mHITs CEO Harold Dimpel. "By connecting to
the HomeSend platform, mHITs users will be able to send money
instantly from their mobile phone to friends and relatives overseas
at very competitive rates" he continues. "The HomeSend platform is
very powerful and the remittance hub has a global reach." he
concludes.
About mHITs
mHITs (pronounced Em-HITS) is an Australian based developer and
operator of mobile payment services. In Australia, mHITs operates
the mHITs SMS payment service that allows consumers to send and
receive payments by SMS text message.
For retail transactions, mHITs allows consumers to pay for
coffee or other food and beverage items using their mobile phone
simply by sending an SMS. Consumers can also use the mHITs service
to pre-order their items before arrival at a venue, meaning less
queuing and waiting and faster service.
mHITs is also an ideal payment method for purchase of mobile
content, MP3 and other electronic and digital downloads, or for
making purchases for goods and services from Internet websites.
Other applications include cashless vending, web based
micro-billing, parking, taxi fare payment, charity donations and
cash back offers. For more details of the mHITs Australian SMS
payment service visit www.mhits.com.au.
About BICS
BICS delivers best in class global solutions for Voice,
Messaging, Roaming, Connectivity and Mobile Financial Services to
hundreds of telecommunication providers around the world. With our
passionate and creative teams located in Brussels, Bern, Monaco,
Dubai, Singapore and New York, we continuously strive to provide
our customers with the highest levels of quality, reliability and
interoperability that enable them to maximise end-user value. Our
innovative approach is visible through our place at the forefront
of the market consolidation and technology advancement. We are a
joint venture of Belgacom, Swisscom and MTN, and have rolled out
transformative Next Generation Networks (NGN). This together with
our continued focus on Value Added Services for Mobile Operators
and our growth strategy has enabled us to reach a world-leading
position both on the International Voice and Mobile Data
markets.
For more information, please visit: www.bics.com.
For further information, please contact:
BICS mHITs
Catherine Bals, Director Marketing & Harold Dimpel
Communications CEO
catherine.bals@bics.com harold@mhitslimited.com
+32 473 92 28 10 +61 410 622 272
This information is provided by RNS
The company news service from the London Stock Exchange
END
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