Posts Tagged ‘eServGlobal’

ASX Company News: eServGlobal Launches New Mobile Remittance Services For HomeSend

Monday, January 9th, 2012

eServGlobal (ESV) announces the launch of new mobile remittance corridors for the HomeSend service following an agreement between its strategic business partner BICS and Lycamoney, the financial services division of Lycamobile UK and affiliate of the multinational operator group, Lycatel. The new corridors are between the UK, Morocco and the Philippines. 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 75 customers in over 55 countries. For more than 25 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.

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. Lycamoney provides subscribers with a domestic mobile money solution, extending this scheme to offer international remittance is a natural progression.

www.eservglobal.com

http://www.traderdealer.com.au/fundamentals/esv

Post to Twitter

Tags: , , , ,
Posted in ASX Company News | No Comments

ASX Company News: eServGlobal Expands HomeSend Into Asia

Thursday, November 17th, 2011

eServGlobal  (ESV) announces  an  agreement  for  the  HomeSend  remittance  service  with  Tranglo,  a  mobile  financial transaction hub based in Asia.  Tranglo have an established international airtime transfer business, particularly in Asia. Their remittance  offer focuses on providing services to the international migrant community and the synergy between  HomeSend and Tranglo will enable the widest coverage and the most cost effective transactions. This agreement will enable HomeSend to access multiple countries in Asia both on the sending and the  receiving side. The first corridors between HomeSend and Tranglo are expected to go live in 2012.

“Hub to hub peering is key to the success of Mobile Money. HomeSend’s connection to Tranglo represents an important step on the journey towards building an open and interoperable ecosystem,” commented Katia Hilal, Vice President Marketing & Alliances, eServGlobal, “Mobile Money deployments around the globe are gaining momentum, while simultaneously the World Bank is predicting continued growth in international remittance. We believe that HomeSend will play a pivotal role in the advancement of the Mobile Money world.”

HomeSend continues to set the standard for international interoperability in mobile money transfer by creating a seamless connection between a variety of mobile money systems and financial institutions around the world. The HomeSend mobile remittance hub service is based on eServGlobal’s innovative technology and operated by BICS, who is a leading provider of international hubbing and connectivity services for more than 250 mobile operators worldwide. 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 75 customers in over 55 countries.

www.eservglobal.com

http://www.traderdealer.com.au/Fundamentals/esv

Post to Twitter

Tags: , , , ,
Posted in ASX Company News | No Comments

ASX Company News: eServGlobal Increases Revenue From Soccer World Cup

Monday, August 16th, 2010

eServGlobal Limited (ESV), a global telecoms software vendor specializing in Mobile Money and Value-Added Services (VAS), reported increased revenue for its FlexiContent customers.

FlexiContent, available through over a dozen operators during the 2010 soccer world cup in South Africa, allows operators to quickly capitalize on subscriber needs during popular events by providing the much sought-after information and entertainment tools.

Including Games & Information Services, FlexiContent allowed subscribers to use Premium SMS to access world cup match progress reports and results in REALTIME. FlexiContent also includes a variety of games, such as instant lottery and betting services, where subscribers play for airtime rewards or gifts.  Revenue is created through customers’ Premium SMS transactions. More than 250,000 subscribers registered for FlexiContent services during the ‘world cup’ month alone, creating an additional revenue source for operators, leading to higher ARPU for all of eServGlobal’s clients using FlexiContent. One operator in particular, registered exceptional subscriber interest, with more than 10% of its total customer base signing-up for FlexiContent services.

“After launching FlexiContent only four months before the world cup, we are extremely proud of its immediate success”, said COO of eServGlobal, Craig Halliday. “We are confident that its revenue-share model, quick time-to-market and immediate returns will continue to impress operators looking for a way to create higher ARPU while increasing customer satisfaction at the same time.”

eServGlobal specializes in Mobile Money solutions and Value-Added Services (VAS), to help Telco 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 60 customers in over 45 countries. For 24 years, mobile, fixed, Internet and multiplay telco providers have used our capabilities to lead and innovate in their local markets, leveraging their core assets and their trusted agent and subscriber relationships.

www.eservglobal.com

http://www.traderdealer.com.au/Fundamentals/esv

Post to Twitter

Tags: , , , ,
Posted in ASX Company News | No Comments

eServGlobal Sells USP Business For $93 Million To Oracle

Thursday, May 27th, 2010

eServGlobal Limited (ESV), a provider of smarter transaction management solutions, is pleased to announce the conditional sale of its USP Business and USP Products to Oracle for up to US$93.75 million (£65 million, AUD$113.4 million). eServGlobal Limited has entered into a conditional agreement to sell the assets and undertakings of its USP Business, including the USP Products, to Oracle.

The USP Business operates by providing software solutions to telecommunications customers through the licence and support of the USP Products. The USP Products proposed to be sold to Oracle include the USP Platform, ChargingMax, MessageMax, NumberMax, uVOMS, UMS and Social Relationship Manager. The revenue attributable to the USP Business in the financial year ending 30 June 2009 was AUD$61.6 million (£35.6 million) (42% of the total revenue for eServGlobal in that year). Profits attributable to the USP Products and other associated assets cannot be calculated, as they are not currently accounted for separately from the non-USP Products and assets and is further due to the fact that the cost accounting and reporting undertaken by the Company is by expense category and not product category.

Following completion of the proposed transaction, the Company will focus on continuing and enhancing the growth of its non-USP Business utilising the non-USP products. The non-USP business comprised 58% of the Company’s total revenue in the financial year ending 30 June 2009 and has exciting prospects.

The purchase price is US$93.75M (AUD$113.4 million, £65 million) which compares to a total market capitalisation of eServGlobal on 24 May of AUD$88.6 million (£51.2 million). Approximately 22% of the purchase price (US$20.75 million) (AUD$25.1 million, £14.4 million) will be held in escrow for a period of two years, with 50% of the escrow amount to be released after the first year and the remainder to be released after the second year (assuming funds are available and that there are no claims).

Having built, implemented and developed a world leading pre-paid charging platform, the Company recognises that Telecom Operators (“TOs”) are progressively looking for suppliers to provide ‘convergent billing’ solutions; meaning both pre-paid and post-paid billing in a single offer. Without a post-paid solution, eServGlobal could not independently provide convergent billing. To that end, the Company is dependent upon post-paid billing partners when providing solutions to tier one telecommunications operators. As these partners introduce their own pre-paid platforms, the value of the USP platform to the Company reduces.

www.eservglobal.com

Post to Twitter

Tags: , , , ,
Posted in ASX Company News | No Comments

eServGlobal Signs Phillipines Contract

Friday, February 19th, 2010

eServGlobal Limited (ESV), a provider of smarter transaction management solutions in Charging, Payment, Retention and Network Services, today announces an agreement for its HomeSend remittance platform between Belgacom International Carrier Services (BICS) and G-Xchange (GXI), a fully-owned mobile-commerce subsidiary of Philippines’ Globe Telecom.

The agreement provides for GXI’s existing number of remittance corridors to be expanded using the HomeSend Remittance Hub. The HomeSend service, created in partnership with BICS, provides a mobile-centric approach to international remittance which represents a significant new step in mobile payment. It allows subscribers of any mobile operator connected to HomeSend to transfer money electronically via a cellular phone to a GCASH subscriber.

This new cooperation, therefore, provides increased choice and convenience for Filipinos living or working overseas when sending money home to their families and friends in the Philippines.  The first interoperability tests between GCash, the fastest growing mobile wallet service in Asia, and HomeSend, eServGlobal’s mobile centric hub for international remittances, have been successfully completed. Three corridors will initially be launched in the coming weeks, namely between Belgium, UK and USA, and the Philippines, but will be extended in the near future towards other sending markets with large numbers of overseas Filipinos.

eServGlobal began investing in the development of HomeSend in 2007. It was a strategic undertaking in collaboration with BICS to provide an easy to use software as a service offering for mobile-to-mobile money transfer at a fraction of the cost for subscribers. HomeSend is the only mobile-centric international remittance hub endorsed by the GSMA and with this new deal, the company is now beginning to see the fruits of its labour. With the Philippines on board, customers will now be able to access the third largest remittance recipient market in the world.

www.eservglobal.com

Post to Twitter

Tags: , , , , ,
Posted in ASX Company News | No Comments