This Day On The Street
Continue to site
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

HomeSend Announces New Hub Member, Japanese MTO, Brastel Remit

PARIS, October 8, 2013 /PRNewswire/ --

New sending remittance corridors from Japan to key markets

eServGlobal announces a new agreement for the HomeSend remittance service between its strategic business partner BICS and Brastel Remit, a remittance service of Brastel Co., Ltd. in Japan.

     (Logo: )

Japan is one of the top remittance sending countries in the world. The World Bank states that in 2011 Japan recorded outbound remittance flows of over US$4.7 Bn. Brastel Remit is a money transfer organisation (MTO) enabling users in Japan to remit money to their family and friends overseas via an online platform. Brastel Remit caters to both the foreign community in Japan and Japanese nationals with friends and family abroad. Brastel Remit is currently enabling users to send money to several countries in Asia.

Brastel Remit will use the HomeSend hub to reach new markets in Russia, as well as other CIS countries, Asia and Africa; utilising existing HomeSend connectivity in these countries. The first corridors are expected to launch from Japan towards Russia and the CIS countries in the coming weeks. Following this Brastel Remit and HomeSend will launch corridors to the Philippines and African nations, continuing a progressive roll-out to other key receiving markets.

The agreement with HomeSend will enable Brastel Remit to further extend its services into emerging markets, where mobile money services continue to spread but internet and bank accounts are limited.

Paolo Montessori, CEO and Managing Director,  eServGlobal, said "Brastel is clearly committed to sourcing easy-to-use and economical remittance options for its users. HomeSend will bring access to the mobile wallets of our extensive collection of hub members in emerging countries around the globe.

"We are proud to work with forward thinking MTOs like Brastel. We have already commenced the work required to quickly roll out the deployment, enabling users to light up these corridors with the transfers they need."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.18 1.64%
FB $117.43 -0.96%
GOOG $692.36 -0.84%
TSLA $232.32 -3.92%
YHOO $36.01 -1.42%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs