PARIS, October 8, 2013 /PRNewswire/ --
New sending remittance corridors from
Japan to key markets
eServGlobal announces a new agreement for the
HomeSend remittance service between its strategic business
partner BICS and Brastel Remit, a remittance service of
Brastel Co., Ltd. in Japan.
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Japan is one of the top
remittance sending countries in the world. The World Bank states
that in 2011 Japan recorded outbound remittance flows of over
US$4.7 Bn. Brastel Remit is a money
transfer organisation (MTO) enabling users in Japan to remit money to their family and
friends overseas via an online platform. Brastel Remit caters to
both the foreign community in Japan and Japanese nationals with friends and
family abroad. Brastel Remit is currently enabling users to send
money to several countries in Asia.
Brastel Remit will use the HomeSend hub to reach new markets in
Russia, as well as other CIS
countries, Asia and Africa; utilising existing HomeSend
connectivity in these countries. The first corridors are expected
to launch from Japan towards
Russia and the CIS countries in
the coming weeks. Following this Brastel Remit and HomeSend will
launch corridors to the
Philippines and African nations, continuing a progressive
roll-out to other key receiving markets.
The agreement with HomeSend will enable Brastel Remit to further
extend its services into emerging markets, where mobile money
services continue to spread but internet and bank accounts are
limited.
Paolo Montessori, CEO and Managing
Director, eServGlobal, said "Brastel is clearly
committed to sourcing easy-to-use and economical remittance options
for its users. HomeSend will bring access to the mobile wallets of
our extensive collection of hub members in emerging countries
around the globe.
"We are proud to work with forward thinking MTOs like Brastel.
We have already commenced the work required to quickly roll out the
deployment, enabling users to light up these corridors with the
transfers they need."
HomeSend is a service offered by BICS, its strategic business
partner, based on eServGlobal technology.
SOURCE eServGlobal