LONDON (Alliance News) - Mobile financial services company eServGlobal Ltd on Wednesday said three projects it is conducting with Kuwaiti telecommunications firm Zain Group have gone live in Jordan, Saudi Arabia and Kuwait.
The projects are related to a 2013 deal signed by eServGlobal and Zain under which eServGlobal is providing end-to-end mobile money and electronic voucher distribution services for Zain's operations.
eServGlobal did not provide any financial details on the deal.
"We are delighted to be working with this world class operator group as they roll out innovative, next-generation mobile services which anticipate the needs of rapidly evolving markets. We are proud to be the source of solutions which enhance the lives of users across the world," said eServGlobal Chief Operating Officer Steve Blundell.
Shares in eServGlobal were down 1.2% to 24.2 pence Wednesday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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