PARIS, August 5, 2013 /PRNewswire/ --
eServGlobal (LSE: ESG & ASX: ESV), the provider of
end-to-end mobile financial services to emerging markets, is
pleased to announce that the three-year framework agreement with a
multinational operator group announced on 30
April 2013 refers to the Zain Group. Zain is a
leading provider of mobile telecommunications in eight markets
across the Middle East and
Africa. eServGlobl's end-to-end
mobile money solution will be deployed across Zain Group's
operations.
(Logo:
http://photos.prnewswire.com/prnh/20120730/552126 )
"Together with the Zain Group, we have conceived a
next-generation mobile financial services solution which will set
the standard for holistic mobile money services," said Paolo
Montessori, CEO, eServGlobal. "Our technology
perfectly complements the Zain Group's objective to provide
innovative, world class services in all the areas that it operates.
We are proud to be working with Zain to enrich the lives of users
by putting secure financial services at their fingertips."
Scott Gegenheimer, CEO of Zain
Group, said, "The positive economic and social impact of
financial inclusion for many of our customers where banking
services are scarce will be abundant. We embrace the opportunity to
launch new services that improve the livelihoods of the communities
we serve, and through eServGlobal's comprehensive solution, we will
be able to offer life-enhancing mobile services and cement our
position as an innovative market leader in the mobile-money arena
across our region."
Furthermore, Gegenheimer noted, "This agreement along with other
ground-breaking products and services in the pipeline will empower
customers to move about freely with their mobile phones transacting
on goods and services. Our aim is to create an eco-system whereby
mobile money solutions provide our customers with increased
security and flexibility, reducing the need to carry cash."
The comprehensive solution that will be progressively rolled out
across Zain's operations, encompasses a complete mobile money
platform, providing services such electronic top-up, mobile
wallets, mobile banking, online payments, salary disbursements,
peer-to-peer money transfer, micro finance, airtime top-up, bill
payment and payment at a merchant.
Zain Group coverage extends to more than 44.4 million
subscribers spanning Kuwait,
Bahrain, Iraq, Jordan,
Lebanon, Saudi Arabia, South
Sudan and Sudan. Notably,
in several of Zain's markets, over 90% of the population does not
have access to banking facilities.
eServGlobal was chosen for this trans-affiliate implementation
following a formal tendering and strict selection process by Zain,
based on the unmatched benefits and maturity of its field-proven
solution, including a strong portfolio of customers across the
Middle-East and Africa region. eServGlobal currently provides
recharge solutions to several of the Zain operations, this
agreement reinforces the strength of the relationship.
For more information about eServGlobal:
http://www.eservglobal.com
To download a picture click here:
http://www.eservglobal.com/system/files/ZainGroup_eServGlobal.jpg
Paris Headquarters
244, avenue Pierre Brossolette
92245 Malakoff Cedex
France
T: +33-1-46-12-58-85
F: +33-1-47-35-07-88
communications@eservglobal.com
http://www.eservglobal.com
SOURCE eServGlobal