LONDON (Alliance News) - eServGlobal Ltd on Thursday said its HomeSend payment hub joint venture with MasterCard and BICS has been granted a payment institution licence by the Central Bank of Belgium.
The company said the licence will allow HomeSend to strengthen and expand its market coverage.
"The payment institution licence is a key enabler in building the addressable partner, geographical and consumer base of the HomeSend hub," eServGlobal Executive Chairman John Conoley said.
Shares in eServGlobal were up 9.0% at 2.18 pence on Thursday morning in London.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
Copyright 2016 Alliance News Limited. All Rights Reserved.