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eServGlobal's HomeSend Joint Venture Wins Licence In Belgium

Thu, 11th Feb 2016 11:12

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.

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