PARIS, April 30, 2013 /PRNewswire/ --
eServGlobal (LSE:ESG & ASX:ESV) announces it has won
a significant US$12m strategic
framework contract with a major mobile operator group in the
Middle East and North Africa. Using eServGlobal's software,
this operator group will deliver end-to-end mobile money services
to its subscribers across countries in the Middle East and North Africa.
(Logo:
http://photos.prnewswire.com/prnh/20120730/552126 )
The comprehensive solution encompasses a complete mobile money
platform, enabling services such as electronic top-up, mobile
wallets, mobile banking, online payments, salary disbursements,
peer-to-peer money transfer, micro finance, bill payment, payment
at a merchant and airtime recharge.
Deployment across all affiliates which the mobile group operates
is expected to deliver revenues in excess of US$12 million over the next three years. The
first mobile money installations and revenues are expected to begin
in the second half of eServGlobal's current financial year with
further deployments taking place in the coming years.
Paolo Montessori, CEO, eServGlobal said, "We are delighted to be
working with the world's leading mobile operator groups as they
provide next-generation mobile financial services. Winning this
contract was the result of a fiercely competitive selection process
by this market-leading group, and eServGlobal's selection
highlights our leading position in the mobile money industry.
"This announcement is significant both in terms of potential
revenue and also validates the strategic product investments we
have made on the back of our recent fundraising.
"As we focus on next generation mobile financial services which
anticipate the needs of a rapidly evolving market, we are proud to
be the source of solutions which enhance the lives of users across
the world."
eServGlobal was chosen for this trans-affiliate implementation
following a formal tendering and strict selection process by the
group, based on the unmatched benefits and maturity of its
field-proven solution, including a strong portfolio of customers
across the Middle East and
North Africa region.
eServGlobal currently provides airtime recharge solutions to
several of the group operations, and this contract underlines the
strategic importance of the Company's existing PayMobile footprint.
eServGlobal supplies mobile money services to operators and
service providers worldwide as well as supporting a substantial
installed base of recharge customers. The PayMobile platform is
currently deployed at more than 25 customers and used every day by
more than 250 million prepaid subscribers worldwide.
To download a picture of CEO, Paolo Montessori, click
here.
For more about eServGlobal, click here.
Alison Cheek, Communications
Manager - eServGlobal, Telephone number: +33-6-7003-9078
E-mail: alison.cheek@eservglobal.com
Other Contact: Christina Tubb,
Investor Relations, +33-6-7765-8866
SOURCE eServGlobal
