eServGlobal Limited HomeSend announce partnership with Ericsson
28 Settembre 2016 - 8:01AM
RNS Non-Regulatory
TIDMESG
eServGlobal Limited
28 September 2016
eServGlobal Limited (eServGlobal or the "Company")
HomeSend announce partnership with Ericsson
Paris: 28 September 2016
eServGlobal (AIM:ESG & ASX:ESV) is pleased to announce that
HomeSend and Ericsson have announced a partnership in the mobile
money domain. Under this partnership Ericsson mobile wallet
platform will now be certified by HomeSend.
eServGlobal welcomes this good news for HomeSend which
demonstrates its continued reach.
HomeSend is a joint venture between MasterCard, eServGlobal and
BICS.
The full announcement made by Ericsson is set out below.
About eServGlobal
eServGlobal (AIM:ESG, ASX:ESV) offers mobile money solutions
which put feature-rich services at the fingertips of users
worldwide, covering the full spectrum of mobile financial services,
mobile wallet, mobile commerce, recharge, promotions and agent
management.
For more than 30 years, eServGlobal has been a source of
innovation for telcos and financial institutions. Using
carrier-grade, next-generation technology, eServGlobal aligns with
the requirements of customers around the globe.
Together with MasterCard and BICS, eServGlobal is a joint
venture partner of the HomeSend global payment hub, enabling
cross-border money transfer between mobile wallets, cards, bank
accounts or cash outlets from anywhere in the world.
For further information, please contact:
eServGlobal www.eservglobal.com
Alison Cheek, VP Corporate Communications T: +33 (0)1 4612
7746
finnCap Limited (Nomad and Broker) www.finnCap.com
Jonny Franklin-Adams / Carl Holmes T: +44 (0) 20 7220
0500
Alma PR (Financial Public Relations) www.almapr.co.uk
Josh Royston / Hilary Buchanan T: +44 (0) 208 004
/ John Coles 4218
Ericsson and HomeSend partner to make remittances easy and
accessible in emerging markets
-- Ericsson-powered mobile financial services gain access to
HomeSend's growing network of money transfer operators, cash agents
and banks in over 200 countries
-- Ericsson Wallet Platform will be HomeSend Certified, expanding remittance reach
-- Mobile money users will now enjoy new levels of remittance flexibility, choice and value
HomeSend and Ericsson today announced a partnership to simplify
and accelerate the adoption of international remittances via mobile
across emerging markets. With access to HomeSend's growing network
of money transfer operators (MTOs), cash agents and banks in over
200 countries, millions of Ericsson-powered mobile wallet users
globally will benefit from easier and faster international payment
services.
The Ericsson Wallet Platform is now certified by HomeSend, a
joint venture between MasterCard, eServGlobal and BICS that is
changing the way money moves around the world by bridging the gap
between financial institutions, non-financial entities and mobile
network operators. The HomeSend-Ericsson partnership will give
financial service providers a low-cost, simple and fast way to
connect the HomeSend global money transfer hub with Ericsson's
mobile money offering around the world. With this, mobile money
users can now enjoy new levels of flexibility, choice and
value.
Ericsson's Mobile Financial Services solutions now also include
Ericsson Interconnect, the company's cloud-based financial
transactions switching and mediation service, which aims to extend
reach to Financial Services providers using any wallet or mobile
banking platform.
Stephen Doyle, CEO, HomeSend says: "The partnership represents
HomeSend's continuing commitment to displace cash and facilitate
electronic payments, advancing financial inclusion in the new
global economy. Millions of new unbanked consumers will gain
improved access to digital inflows from friends and relatives, as
we continue to advance toward a fully open ecosystem for global
mobile money remittances."
In 2016, the World Bank expects remittances to reach over $600
billion, with more than $440 billion being sent to developing
countries. Being able to reliably, safely and conveniently send and
receive money across borders are basic requirements for financial
inclusion. The partnership bridges the gap between finance and
telecommunication service providers, enabling mobile wallet users
to send and receive money from their family abroad through their
mobile phones and enables financial institutions to offer their
customers the convenience of digital money transfers - regardless
of their location or that of the recipient.
Peter Heuman, Head of Mobile Financial Services, Ericsson says:
"By enabling fast, secure integrations to HomeSend's remittance
hub, we are providing growth opportunities for our customers.
Integration with the HomeSend Hub connects Ericsson mobile wallet
powered financial service providers, and potentially other
financial service providers, to a global network of financial
institutions and MTOs. This represents a major advance in helping
to grow mobile financial services ecosystems whilst supporting
financial inclusion."
This information is provided by RNS
The company news service from the London Stock Exchange
END
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September 28, 2016 02:01 ET (06:01 GMT)
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