eServGlobal partners WorldRemit for HomeSend money transmission service
27 February 2013 | 1578 views | 0
eServGlobal (LSE: ESG & ASX: ESV), a global telecoms software vendor specialising in Mobile Money and Value-Added Services, announces a new agreement for the HomeSend remittance service with WorldRemit.
WorldRemit is an online platform enabling migrants and expats to send remittances to family and friends in more than 100 receiving countries. With 26 sending countries, WorldRemit is the world's largest dedicated online money transfer business.
HomeSend, the leading international mobile money transfer service, and WorldRemit are a natural fit, combining their industry leading technologies from the mobile and online worlds to open new avenues for instant and cost effective money transfer to users worldwide.
The agreement with HomeSend will enable WorldRemit to further extend its service into emerging markets, where mobile money services continue to spread but internet and banking access is limited. With an initial focus on the corridors between Europe and Africa, HomeSend and WorldRemit will work together to build further corridors.
Paolo Montessori, eServGlobal COO commented, "HomeSend is delighted to work with organisations like WorldRemit to help them reach end users via mobile services."
"In emerging markets such as Africa, the last mile of service is crucial for international remittance. The HomeSend service can provide an efficient way for existing money transfer services to extend their receiving capabilities by leveraging existing mobile infrastructure and agent networks."
HomeSend has a leading footprint in Africa, encompassing almost all leading operator groups on the continent.
HomeSend is a service offered by BICS, its strategic business partner, based on eServGlobal technology. Benefiting from a first mover advantage, HomeSend is the only mobile-centric international remittance hub endorsed by the GSMA.