The mobile is an acknowledged catalyst of change. It has already changed the way we communicate with each other and the way we access information. The mobile is now changing how we conduct our financial lives.
Mobile financial services is a rapidly developing industry led by a wave of dynamic, agile and technologically advanced solutions. At the front of this wave of new technology is eServGlobal.
Mobile money is now regarded as an essential service in emerging markets as well as a significant potential revenue source for both operators and financial services organisations. In developed markets, the power of this technology will take the user experience one step further into the dematerialization of payments through a secure, contactless and instantaneous experience.
Berg Insight predicts that the total value of mobile money transactions will grow from US$44 billion in 2011 to US$395 billion in 2017.
Paolo Montessori, CEO and Managing Director, eServGlobal, said: “We are witnessing the beginning of a new era of financial services which will stem from the mobile. The traditional industry leaders in both the mobile and financial spaces are making moves to join the emerging wave of mobile money services.”
eServGlobal offers mobile money solutions which put feature-rich mobile financial services at the fingertips of users worldwide, covering the full spectrum of mobile wallet, mobile commerce, recharge, promotions and agent management features. With more than 30 years of experience, eServGlobal invests heavily in product development, using carrier-grade, next-generation technology and aligning with the requirements of more than 65 customers in over 50 countries.
eServGlobal’s PayMobile platform is an end-to-end solution which allows service providers to select the right mix of telco and financial services for each individual market. PayMobile can handle over 500,000 transactions per busy hour and can manage 60 million subscribers and 350,000 agents in a single implementation.
As mobile money solutions reach a new age of maturity, an open and neutral solution for interoperability on both a domestic and international level becomes an evident need. HomeSend, the market-leading service which enables money transfer between mobile money accounts, payments cards, bank accounts or cash outlets from anywhere in the world, is ideally positioned to meet this need. HomeSend is a strategic partnership between eServGlobal and BICS.
eServGlobal will showcase their mobile money solutions at the Mobile World Congress in Barcelona, 24 – 28 February. eServGlobal will be hosting a live demonstration on its stand located at Hall 7 Stand i60.
source:mwc
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