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By Simon Zekaria
LONDON--eServGlobal Ltd. (ESV.AU), an Australian
telecommunications software company, Thursday said it has penned an
agreement with telecom operator Dialog Axiata PLC (DIAL.SL) for a
money transfer service in Sri Lanka, without disclosing financial
details.
The company, which is also listed in London, said the deal
involves HomeSend, a joint venture between eServGlobal, payment
card group MasterCard Inc. (MA) and telecom services provider
BICS.
Dialog Axiata operates eZ Cash, a mobile money service that
provides a network of more than 16,000 transaction points in Sri
Lanka, eServGlobal said. The agreement Thursday will see HomeSend
operate services globally to send money to eZ Cash accounts.
At 0940 GMT, eServGlobal shares were unchanged in London at 17.5
pence, valuing the company at 44 million pounds ($68.7
million).
Write to Simon Zekaria at simon.zekaria@wsj.com
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