eServGlobal Limited ESG Airtel Africa joins HomeSend hub

  eServGlobal Limited (ESG) - Airtel Africa joins HomeSend hub

RNS Number : 1688R
eServGlobal Limited
15 November 2012




eServGlobal Limited (eServGlobal or the "Company")



HomeSend and Airtel Africa to boost international mobile money transfers

Paris: 15 November 2012



eServGlobal (LSE:  ESG  &  ASX:  ESV), the  global  telecoms  software  vendor 
specialising in mobile money and value-added services, is pleased to  announce 
that Airtel Africa, a leading global telecommunications company has signed  an 
agreement to boost international money  transfers throughout Africa using  the 
HomeSend  hub.  Airtel  Africa  has  17  markets  in  Africa.  This  agreement 
significantly expands both the sending and receiving communities for  HomeSend 
international remittances within Africa and around the globe.



This agreement marks the eleventh multinational to join the HomeSend hub and
is in addition to recent announcements regarding the signup of Vodafone and
Xpress Money. With the addition of Airtel Africa, one in every five mobile
subscribers in the world belongs to an operator group that has joined
HomeSend, meaning that hub members cover more than 1.2 billion subscribers
around the world. This subscriber figure is in addition to work that is
already underway with money transfer organizations. Existing agreements with
Vodafone, MTN, Qtel and now Airtel Africa, enable HomeSend to reach more than
40 African affiliates encompassing the vast majority of subscribers on the
African continent.



Airtel Africa is  part of Bharti  Airtel Limited. Bharti  Airtel has over  250 
million customers across its global operations including 50 million in Africa.
Airtel Africa markets  include: Burkina  Faso, Chad, DRC,  Republic of  Congo, 
Gabon, Ghana, Kenya, Malawi,  Madagascar, Niger, Nigeria, Rwanda,  Seychelles, 
Sierra Leone, Tanzania, Uganda and Zambia.



The HomeSend mobile remittance hub service is offered by BICS, its strategic
business partner, and based on eServGlobal technology. BICS is a leading
global provider of wholesale carrier services and a first mover in the mobile
financial services market. HomeSend is the only mobile-centric international
remittance hub endorsed by the GSMA.

The BICS and Airtel Africa release is attached to this announcement.

For further information, please contact:

                                               

eServGlobal                                     www.eservglobal.com
Alison Cheek, Communications Manager            T: +33 (0) 1 4612 7746

Christina Tubb, Head of Investor Relations      

                                                
Cenkos Securities plc                           www.cenkos.com

Ivonne Cantú/Stephen Keys (Nomad)               T: +44 (0) 20 7397 8980
Newgate Threadneedle                            www.newgatethreadneedle.com

Caroline Evans‐Jones/Josh Royston/Hilary Millar T: +44 (0) 20 7653 9850
Charles Stanley Securities                      www.csysecurities.com

Dugald Carlean                                  T: +44 (0) 20 7149 6000

About                                                              eServGlobal 


eServGlobal specializes  in Mobile  Money solutions  and Value-Added  Services 
(VAS), to help Mobile  Service Providers increase their  revenue and gain  and 
maintain  customer   ownership.  eServGlobal   invests  heavily   in   product 
development, using carrier-grade, next-generation technology and aligning with
the requirements of more than 80 customers in over 55 countries.



For 29  years mobile  and financial  service providers  have used  eServGlobal 
solutions to lead and innovate in  their local markets, leveraging their  core 
assets and their trusted agent and subscriber relationships.



With 13  offices globally,  eServGlobal provides  full "end-to-end"  and  "any 
account to any  account" Mobile  Money Services  and International  Remittance 
Services. Delivered in  partnership with  BICS, the HomeSend  solution is  the 
only mobile-centric international remittance hub to gain endorsement from  the 
GSM Association.



eServGlobal's Value-Added Services in promotions, loyalty and messaging enable
service providers  to engage  with  their subscribers  in a  personalized  and 
dynamic manner.



To reduce  time-to  market and  to  meet the  needs  of operators  and  banks, 
eServGlobal provides  multiple licensing  alternatives as  well as  SaaS-based 
products and services.



eServGlobal is  listed on  the Australian  Securities Exchange  (ESV) and  the 
London Stock Exchange AIM (ESG). More information at: www.eservglobal.com










PRESS RELEASE

   BICS Partners with Airtel Africa to Extend Reach of International Money
                              Transfer Services





Brussels, Belgium & Nairobi, Kenya: 15^th November, 2012, BICS, a leading
global provider of international carrier services and a pioneer in the mobile
financial services market, today announced an agreement with Airtel Africa, a
provider of mobile communications services to the African market, to
facilitate mobile money transfers throughout Africa. This agreement applies to
all of the markets covered by Airtel in the African region and it will allow
Airtel Money subscribers to send and receive money transfers over the
operator's network.



Airtel Africa is part of Bharti Airtel, the fourth largest mobile operator in
the world, providing mobile communications services across 17 different
markets in the African region. Airtel Africa has an extensive geographical
footprint across the African region. This agreement will enable Airtel Money
customers to send and receive money instantly using a money transfer service
supported by BICS. Subject to regulatory approvals in each of the countries,
Airtel Africa will be connected to a growing community of mobile network
operators and money transfer organisations through the HomeSend remittance
hub.



HomeSend is a global hubbing service that enables mobile-centric money
transfers. HomeSend is a BICS service, based on the technology of eServGlobal,
its strategic business partner. HomeSend connects a global community of
telecom service providers, banks and financial organisations. It facilitates
money transfers in real-time, enabling person-to-person transfers of cash,
credit card payments or direct bank transfers. The addition of Airtel Africa,
with its network of regional subsidiaries and the support of its parent
company, Bharti Airtel, will extend the international reach of money transfers
to even more global destinations. This agreement follows the announcement from
BICS in October that it had opened up two new mobile remittance corridors
towards Africa, to allow mobile subscribers in the region to receive money
transfers.



Frederic Salmon, VP Mobile Financial Services at BICS said: "The global
footprint for mobile money transfers continues to grow rapidly, with Africa
playing a prominent role. The Airtel Africa agreement enables mobile
subscribers to send and receive money transfers, opening up a two-way model in
the region. Airtel Africa has now joined the community of service providers
connected to the HomeSend Hub and will extend the reach of the network. As
more and more leading operators join the community the scope of mobile money
transfers will continue to increase and this will contribute to our aim of
developing a truly global mobile remittance ecosystem."



Chidi Okpala, Airtel Africa's Director and Head Airtel Money: "Mobile is seen
as a viable channel to transfer money in Africa. This agreement enables us to
guarantee the availability of money transfer services for our subscribers. It
will enable them to send and receive transfers in a safe and secure
environment. This partnership with BICS is another step by Airtel Money to
deepen financial inclusion, expand cashless ecosystems and facilitate intra
Africa fund flows across our 17 markets. More so, our customers will no longer
need to travel long distances because they want to send or receive money."





For further information, please contact:



BICS

Cathérine Bals

Director Marketing & Communications

catherine.bals@bics.com

+32 473 92 28 10
And
Matt Humphries, Babel PR

matt@babelpr.com

+44 207 434 5550



About BICS



BICS delivers best-in-class international wholesale solutions to any
communication service provider worldwide. Through its Mosaic portfolio, a
comprehensive, flexible and innovative suite of solutions designed to be used
individually, or collectively, BICS meets the existing and future requirements
of the global telecoms industry. Our passionate and creative teams located in
Brussels, Bern, Dubai, Singapore and New York, continuously strive to provide
our customers with the highest levels of quality, reliability and
interoperability enabling them to maximise their end-user value. With our
successful consolidation strategy, and a continuing focus on technological
advancement and innovation, we have achieved a world-leading position in the
international Voice and Mobile Data markets.

For more information, please visit: www.bics.com and www.homesend.com



About Bharti Airtel 

Bharti Airtel Limited is a leading global telecommunications company with
operations in 20 countries across Asia and Africa. Headquartered in New Delhi,
India, the company ranks amongst the top 4 mobile service providers globally
in terms of subscribers. In India, the company's product offerings include 2G,
3G and 4G wireless services, mobile commerce, fixed line services, high speed
DSL broadband, IPTV, DTH, enterprise services including national &
international long distance services to carriers. In the rest of the
geographies, it offers 2G, 3G wireless services and mobile commerce. Bharti
Airtel had over 259 million customers across its operations at the end of
September 2012. To know more please visit, www.airtel.com












                     This information is provided by RNS
           The company news service from the London Stock Exchange

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