This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

EServGlobal Powers Bill Payment For Nepal Telecom

Stocks in this article: ESV

PARIS, July 30, 2012 /PRNewswire/ --

eServGlobal (LSE: ESG & ASX: ESV), a global telecoms software vendor specialising in mobile money and Value-Added Services, announces that its solution is exceeding the expectations of Asian operator Nepal Telecom. eServGlobal launched its post paid bill payment offering at Nepal Telecom in March this year, generating impressive outcomes within its first months of operation.

     (Logo: http://photos.prnewswire.com/prnh/20120730/552126 )

eServGlobal have worked with Nepal Telecom since 2008, building on initial requirements for recharge technology to progressively enrich the service offering in line with the demands of their subscriber base.  Through eServGlobal's solution, Nepal Telecom offers both voucher and electronic recharge and have recently launched bill payment services, providing post paid mobile users with a convenient and efficient alternative for bill payment while simultaneously generating multiple benefits for the operator.

Previously, Nepal Telecom had been using traditional bill payment counters, incurring high capex and opex and resulting in a small number of actual counters. Customers were forced to travel to their nearest counter and queue to pay their post paid bills. The new bill payment facility implemented by eServGlobal means that each of the 15,000 existing recharge point-of-sales agents is now capable of processing post paid bill payment.

This offering generated remarkable advances for the Operator within the first months of service. The dramatic expansion in accessibility for customers has resulted in improved customer satisfaction, high rates of on-time bill payments and increased demand for post paid subscription. The Nepal market is dominated by prepaid users, by facilitating a simple and successful method for post paid bill payment, eServGlobal has expanded access to a lucrative market for the Operator.

Nepal Telecom chose eServGlobal's technology for this project because they required a recharge management system which could unify all types of recharge for their prepaid services while simultaneously connecting to different IN systems. eServGlobal's technology is network agnostic and can easily interwork with any IN. The platform has field proven references with key players in the industry and is capable of flexibly managing hundreds of thousands of agents.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs