HomeSend and Airtel Africa to boost international mobile money transfers

Paris, 15 November 2012

eServGlobal is pleased to announce that Airtel Africa, a leading global telecommunications company has signed an agreement to boost international money transfers throughout Africa using the HomeSend hub.

Airtel Africa has 17 markets in Africa. This agreement significantly expands both the sending and receiving communities for HomeSend international remittances within Africa and around the globe.

This agreement marks the eleventh multinational to join the HomeSend hub and is in addition to recent announcements regarding the signup of Vodafone and Xpress Money. With the addition of Airtel Africa, one in every five mobile subscribers in the world belongs to an operator group that has joined HomeSend, meaning that hub members cover more than 1.2 billion subscribers around the world. This subscriber figure is in addition to work that is already underway with money transfer organizations. Existing agreements with Vodafone, MTN, Qtel and now Airtel Africa, enable HomeSend to reach more than 40 African affiliates encompassing the vast majority of subscribers on the African continent.

Airtel Africa is part of Bharti Airtel Limited. Bharti Airtel has over 250 million customers across its global operations including 50 million in Africa. Airtel Africa markets include: Burkina Faso, Chad, DRC, Republic of Congo, Gabon, Ghana, Kenya, Malawi, Madagascar, Niger, Nigeria, Rwanda, Seychelles, Sierra Leone, Tanzania, Uganda and Zambia.

The HomeSend mobile remittance hub service is offered by BICS, its strategic business partner, and based on eServGlobal technology. BICS is a leading global provider of wholesale carrier services and a first mover in the mobile financial services market. HomeSend, which benefits from a first mover advantage, is the only mobile-centric international remittance hub endorsed by the GSMA.

15.11.2012 - HomeSend agreement with Airtel Africa (PDF)134.56 KB