This Day On The Street
Continue to site right-arrow
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!

HomeSend Continues To Extend Its Reach Through Partnership With Moneytrans

Stocks in this article: ESV

PARIS, November 27, 2012 /PRNewswire/ --

eServGlobal Limited (eServGlobal or the "Company")

eServGlobal (LSE: ESG & ASX: ESV), a global telecoms software vendor specialising in Mobile Money and Value-Added Services, announces the integration of the HomeSend remittance service with the central platform of Moneytrans, a leading worldwide money transfer operator based in Belgium. A live remittance corridor is now in operation between Belgium, France, Spain, Italy, The Netherlands, United Kingdom and the Philippines, enabling customers of Moneytrans to send funds to GCash, Globe Philippines' mobile wallet.

     (Logo: )

Moneytrans has a presence in over 90 countries and 130,000 payment points. HomeSend and Moneytrans will continue to grow together to make remittances mobile across other country corridors.

Craig Halliday, eServGlobal CEO commented, "HomeSend is connected to every type of institution within the 'mobile money' value chain, from banks to mobile operators to money transfer organisations to PSP's (Payment Service Providers) making it a truly global, interoperable hub."

"The integration with Moneytrans will benefit all members of the HomeSend hub. Money transfer organisations bring their expertise in quickly and smoothly transferring funds, allowing receivers to get their money sooner. In turn, HomeSend offers them extensive access to receiving markets without the need to invest in capex or opex associated with building new agent networks."

The first receiving country for HomeSend and Moneytrans is the Philippines, an important receiving country for the international remittance market driven by the significant Filipino diaspora. The World Bank estimates that the Philippines received US$23 billion in international remittances in 2011, maintaining its position as the fourth-largest remittance receiving country in the world.

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.

1 of 2

Select the service that is right for you!

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!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • 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