TIDMESG
RNS Number : 1688R
eServGlobal Limited
15 November 2012
eServGlobal Limited (eServGlobal or the "Company")
HomeSend and Airtel Africa to boost international mobile money
transfers
Paris: 15 November 2012
eServGlobal (LSE: ESG & ASX: ESV), the global telecoms
software vendor specialising in mobile money and value-added
services, is pleased to announce that Airtel Africa, a leading
global telecommunications company has signed an agreement to boost
international money transfers throughout Africa using the HomeSend
hub. Airtel Africa has 17 markets in Africa. This agreement
significantly expands both the sending and receiving communities
for HomeSend international remittances within Africa and around the
globe.
This agreement marks the eleventh multinational to join the
HomeSend hub and is in addition to recent announcements regarding
the signup of Vodafone and Xpress Money. With the addition of
Airtel Africa, one in every five mobile subscribers in the world
belongs to an operator group that has joined HomeSend, meaning that
hub members cover more than 1.2 billion subscribers around the
world. This subscriber figure is in addition to work that is
already underway with money transfer organizations. Existing
agreements with Vodafone, MTN, Qtel and now Airtel Africa, enable
HomeSend to reach more than 40 African affiliates encompassing the
vast majority of subscribers on the African continent.
Airtel Africa is part of Bharti Airtel Limited. Bharti Airtel
has over 250 million customers across its global operations
including 50 million in Africa. Airtel Africa markets include:
Burkina Faso, Chad, DRC, Republic of Congo, Gabon, Ghana, Kenya,
Malawi, Madagascar, Niger, Nigeria, Rwanda, Seychelles, Sierra
Leone, Tanzania, Uganda and Zambia.
The HomeSend mobile remittance hub service is offered by BICS,
its strategic business partner, and based on eServGlobal
technology. BICS is a leading global provider of wholesale carrier
services and a first mover in the mobile financial services market.
HomeSend is the only mobile-centric international remittance hub
endorsed by the GSMA.
The BICS and Airtel Africa release is attached to this
announcement.
For further information, please contact:
eServGlobal www.eservglobal.com
Alison Cheek, Communications Manager T: +33 (0) 1 4612 7746
Christina Tubb, Head of Investor Relations
Cenkos Securities plc www.cenkos.com
Ivonne Cantú/Stephen Keys (Nomad) T: +44 (0) 20 7397 8980
Newgate Threadneedle www.newgatethreadneedle.com
Caroline Evans--Jones/Josh Royston/Hilary T: +44 (0) 20 7653 9850
Millar
Charles Stanley Securities www.csysecurities.com
Dugald Carlean T: +44 (0) 20 7149 6000
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 80 customers in over 55 countries.
For 29 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. Delivered in partnership with
BICS, the HomeSend solution is the only mobile-centric
international remittance hub to gain endorsement from the GSM
Association.
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
PRESS RELEASE
BICS Partners with Airtel Africa to Extend Reach of
International Money Transfer Services
Brussels, Belgium & Nairobi, Kenya: 15(th) November, 2012,
BICS, a leading global provider of international carrier services
and a pioneer in the mobile financial services market, today
announced an agreement with Airtel Africa, a provider of mobile
communications services to the African market, to facilitate mobile
money transfers throughout Africa. This agreement applies to all of
the markets covered by Airtel in the African region and it will
allow Airtel Money subscribers to send and receive money transfers
over the operator's network.
Airtel Africa is part of Bharti Airtel, the fourth largest
mobile operator in the world, providing mobile communications
services across 17 different markets in the African region. Airtel
Africa has an extensive geographical footprint across the African
region. This agreement will enable Airtel Money customers to send
and receive money instantly using a money transfer service
supported by BICS. Subject to regulatory approvals in each of the
countries, Airtel Africa will be connected to a growing community
of mobile network operators and money transfer organisations
through the HomeSend remittance hub.
HomeSend is a global hubbing service that enables mobile-centric
money transfers. HomeSend is a BICS service, based on the
technology of eServGlobal, its strategic business partner. HomeSend
connects a global community of telecom service providers, banks and
financial organisations. It facilitates money transfers in
real-time, enabling person-to-person transfers of cash, credit card
payments or direct bank transfers. The addition of Airtel Africa,
with its network of regional subsidiaries and the support of its
parent company, Bharti Airtel, will extend the international reach
of money transfers to even more global destinations. This agreement
follows the announcement from BICS in October that it had opened up
two new mobile remittance corridors towards Africa, to allow mobile
subscribers in the region to receive money transfers.
Frederic Salmon, VP Mobile Financial Services at BICS said: "The
global footprint for mobile money transfers continues to grow
rapidly, with Africa playing a prominent role. The Airtel Africa
agreement enables mobile subscribers to send and receive money
transfers, opening up a two-way model in the region. Airtel Africa
has now joined the community of service providers connected to the
HomeSend Hub and will extend the reach of the network. As more and
more leading operators join the community the scope of mobile money
transfers will continue to increase and this will contribute to our
aim of developing a truly global mobile remittance ecosystem."
Chidi Okpala, Airtel Africa's Director and Head Airtel Money:
"Mobile is seen as a viable channel to transfer money in Africa.
This agreement enables us to guarantee the availability of money
transfer services for our subscribers. It will enable them to send
and receive transfers in a safe and secure environment. This
partnership with BICS is another step by Airtel Money to deepen
financial inclusion, expand cashless ecosystems and facilitate
intra Africa fund flows across our 17 markets. More so, our
customers will no longer need to travel long distances because they
want to send or receive money."
For further information, please contact:
BICS
Cathérine Bals
Director Marketing & Communications
catherine.bals@bics.com
+32 473 92 28 10
And
Matt Humphries, Babel PR
matt@babelpr.com
+44 207 434 5550
About BICS
BICS delivers best-in-class international wholesale solutions to
any communication service provider worldwide. Through its Mosaic
portfolio, a comprehensive, flexible and innovative suite of
solutions designed to be used individually, or collectively, BICS
meets the existing and future requirements of the global telecoms
industry. Our passionate and creative teams located in Brussels,
Bern, Dubai, Singapore and New York, continuously strive to provide
our customers with the highest levels of quality, reliability and
interoperability enabling them to maximise their end-user value.
With our successful consolidation strategy, and a continuing focus
on technological advancement and innovation, we have achieved a
world-leading position in the international Voice and Mobile Data
markets.
For more information, please visit: www.bics.com and
www.homesend.com
About Bharti Airtel
Bharti Airtel Limited is a leading global telecommunications
company with operations in 20 countries across Asia and Africa.
Headquartered in New Delhi, India, the company ranks amongst the
top 4 mobile service providers globally in terms of subscribers. In
India, the company's product offerings include 2G, 3G and 4G
wireless services, mobile commerce, fixed line services, high speed
DSL broadband, IPTV, DTH, enterprise services including national
& international long distance services to carriers. In the rest
of the geographies, it offers 2G, 3G wireless services and mobile
commerce. Bharti Airtel had over 259 million customers across its
operations at the end of September 2012. To know more please visit,
www.airtel.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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