LONDON (Alliance News) - Mobile payments company eServGlobal Ltd on Friday said it has won a EUR6.0 million, five-year contract for its PayMobile software.
The company said the project, with an unnamed client, will involve the provision of electronic recharge, voucher management and interactive voice response services for a mobile network operator.
eServGlobal added it has maintained its expectations for the year to the end of October.
"We have previously stated that the core business of eServGlobal would begin to recover in the second quarter 2016. Today's announcement shows that recovery is indeed underway," said Executive Chairman John Conoley.
"This new win also gives us confidence in the ongoing turnaround of the core business," he added.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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