TIDMESG
eServGlobal Limited
24 June 2011
eServGlobal Limited (eServ or the "Company")
HomeSend - new commercial agreement to enable mobile remittances
towards China
Paris: 24 June 2011
eServGlobal announces an agreement for the HomeSend remittance
service between its strategic business partner BICS and SmartPay, a
leading Chinese electronic payment service provider.
The signing of this agreement is a significant step for
HomeSend, enabling senders in selected countries in the EU, Middle
East and Asia-Pacific to reach the critical mass of the Chinese
market. This deal will greatly increase the number of potential
receivers for HomeSend, simultaneously making the hub more
attractive to potential senders. China is one of the top remittance
receiving countries in the world, with over 8 million Chinese
living abroad.
The HomeSend mobile remittance hub service is offered by BICS
and based on eServGlobal technology. BICS is a leading global
provider of Voice, Messaging, Roaming, Connectivity and Mobile
Financial Services. HomeSend, which benefits from a first mover
advantage, is the only mobile-centric international remittance hub
endorsed by the GSMA, with existing remittance corridors operating
between countries including the UK, the Philippines, Belgium, Ghana
and Morocco.
The BICS and SmartPay release is attached to this
announcement.
About eServGlobal
eServGlobal specializes in Mobile Money solutions and
Value-Added Services (VAS), to help Telco Service Providers
increase their revenue and gain and maintain customer ownership.
eServGlobal invests heavily in product development, using
carrier-grade, next-generation technology aligned with the
requirements of more than 60 customers in over 45 countries.
With 13 offices globally, eServGlobal provides full "end-to-end"
and "any account to any account" Mobile Financial Services and
International Money Transfers. Our Value Added Services in
promotions, loyalty, messaging, and multiplay are focused around
the transaction and enable service providers to engage with the
subscriber in a personalized and dynamic manner.
To reduce time-to market and manage exposure to CAPEX, we now
offer multiple licensing alternatives, including SaaS-based
flexible, revenue-share pricing. 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, Communication Manager T: +33 6 87 96 77 46
alison.cheek@eservglobal.com F: +33 1 46 12 77 49
PRESS RELEASE: SMARTPAY AND BICS ENTER INTO A COMMERCIAL
AGREEMENT TO ENABLE MOBILE REMITTANCES TOWARDS CHINA
Brussels, Belgium - 24 June 2011
SMARTPAY, the pioneer of Chinese electronic payment services and
leader in the mobile payment industry, and BICS, part of the
Belgacom Group and a prominent international provider of Voice,
Messaging, Roaming, Connectivity and Mobile Financial Services,
announced today the signing of an agreement for the use of the
HomeSend hub to enable mobile remittances towards China.
This deal will enable people in selected countries in the EU,
Middle East and Asia-Pacific to transfer money in a fast and cost
effective way to the mobile phones or bank accounts of their
friends and family in China.
The remittance transactions will be facilitated through the
HomeSend remittance hub, which is a strategic business partnership
between BICS and eServGlobal. HomeSend allows the real-time
transfer of any type of funds, such as airtime or money, and from
various fund sources, such as eWallets, bank accounts, credit cards
and cash.
Frederic Schepens, SVP Mobile Financial Services at BICS said,
"It's great to have SmartPay on our global HomeSend hub. With this
agreement we are opening an important market in Asia to our
community."
"SmartPay is well positioned to assume more responsibilities and
lead the development, market cultivation and promotion of the
mobile payment business in China. With the inherent advantages of
being 'anywhere and anytime', SmartPay mobile payment services
provide a safe and convenient alternative for payments while
reducing time, travel and social costs. We believe that the
HomeSend service fits well with the service philosophy of SmartPay,
and will offer a more convenient and competitive option for the
international remittance market amounted to $500 billion per year,"
said Edward Wu, CEO and President of SmartPay.
About SmartPay
Shanghai SmartPay Information Technology Co., Ltd. is the
pioneer of Chinese electronic payment services and the leader of
mobile payment industry, and has been focusing on mobile payment
services for a decade. In May 2011, SmartPay was awarded the first
batch of Payment Business License by People's Bank of China, and
thus is approved to conduct online payment, prepaid card issuance
and acceptance and bank card acquiring. Among the companies awarded
Payment Business Licenses, Smartpay is the only independent
third-party e-payment company specialized in mobile payment.
SmartPay connects with all the major Chinese commercial banks, and
more than 900 million Chinese mobile phone users can easily
register for SmartPay mobile payment services. SmartPay "Mobile
Money Transfer" service could provide funds transfer to more than
2.4 billion bank cards all over China.
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 SmartPay
Catherine Bals, Director Marketing Merenda Gao, EA
& Communications merenda.gao@smartpay.com.cn
catherine.bals@bics.com +86 21 63900999 160
+32 473 92 28 10
This information is provided by RNS
The company news service from the London Stock Exchange
END
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