Wincor Nixdorf and eServGlobal to showcase integrated mobile money solution at the Mobile World Congress
Feb 21, 2013 (M2 PRESSWIRE via COMTEX) --
Wincor Nixdorf and eServGlobal, one of the world's leading mobile money specialists, will use the Mobile World Congress as a stage to showcase new and extended concepts which enable consumers with no access to a bank account to use their mobile phone to deposit, withdraw or transfer money through ATMs.
Mobile money solutions allow people without bank accounts to carry out financial transactions using a mobile phone. A study by McKinsey reveals that 360 million people worldwide already use mobile money accounts. According to the GSMA, the global association of mobile operators, there are now 264,000 mobile money agents worldwide offering services such as loading credit on mobile devices, accepting, transferring or dispensing money or settling bills.
In order to create a functioning infrastructure for a mobile money service, service providers need to rely on a widespread and well-trained agent network. ATM solutions form a vital part of a mobile money deployment by dramatically increasing accessibility for users and alleviating liquidity management issues for the service provider.
Paolo Montessori, Chief Operating Officer, eServGlobal said, "The integration of ATMs is an important part of a comprehensive mobile money solution. The ATM solutions from Wincor Nixdorf shown at the MWC would be an asset to mobile money service providers worldwide. They provide an open and standardized interface to eServGlobal's mobile money platform bringing advantages in terms of speed and security. eServGlobal will continue to work closely with Wincor Nixdorf to integrate its extensive ATM portfolio with our mobile money solutions."
Wincor Nixdorf will also tap the customer segment of mobile money operators with tailor-made technology -- a server/client-based solution and multifunctional ATMs. "The systems from the ProCash product family, which not only dispense cash, but also accept it by means of an integrated deposit module and check it for forgeries, have been specially developed for growth markets. Along with our banking know-how, they make a key contribution to giving people in growth regions access to financial services," says Alvin Ng, Senior Vice President at Wincor Nixdorf.
Wincor Nixdorf and eServGlobal will present their integrated solutions at the Mobile World Congress in Barcelona from February 25 to 28 on the eServGlobal stand (Stand E60 in Hall 7).
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 80 customers in over 55 countries.
For 28 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.
With 13 offices globally, eServGlobal provides full "end-to-end" and "any account to any account" Mobile Money Services and International Remittance Services. Delivered in partnership with BICS, the HomeSend solution is the only mobile-centric international remittance hub to gain endorsement from the GSM Association.
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.
eServGlobal is listed on the Australian Securities Exchange (ESV) and the London Stock Exchange AIM (ESG). More information at: www.eservglobal.com
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