The HomeSend service is a global hubbing service that provides a mobile-centric approach to international remittance. This represents a new step in mobile payment, and the telecommunications industry, allowing any mobile service provider in any country to access the international remittance market in a cost-efficient manner, said eServGlobal.
Under the agreement, Belgacom International Carrier Services (ICS) and eServGlobal will jointly operate, maintain and support the HomeSend service, each bringing their areas of expertise. eServGlobal will provision and maintain the HomeSend platform while Belgacom ICS will act as the hub providing the connectivity, the customer care as well as the financial settlement between the hub members.
HomeSend reportedly allows mobile operators to extract most of the value generated by this new service opportunity, rather than only acting as transport bearers if the service was operated through financial institutions.
Laurent Lafarge, CEO of eServGlobal, said: HomeSend will give mobile operators access to new customers and increase their revenue, as well as contribute to improving financial access for their customers and increase annual remittance flows to develop national GDP for the destination countries.
Daniel Kurgan, CEO of Belgacom ICS, said: HomeSend is a new product which will open up new markets. This partnership with eServGlobal also shows our dedication to develop innovative services for our mobile operator customers that will help them better serve their customers in the future.
