eServGlobal Powers Mobile Money Solution for Djibouti Telecom

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February 22, 2016
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eServGlobal Powers Mobile Money Solution for Djibouti Telecom

BARCELONA, Spain, February 22, 2016 /PRNewswire/ --

    eServGlobal (LSE: ESG.L & ASX: ESV.AX) is powering a comprehensive mobile money
platform for Djibouti Telecom to provide mobile wallets to citizens of Djibouti.

(Logo:
http://photos.prnewswire.com/prnh/20120730/552126 )

    The mobile money solution will be offered to all Djibouti Telecom subscribers to
provide state-of-the-art cash management and e-payment services on mobile phones, such as
cash-in/cash-out, airtime top-up, local transfers, international remittance, salary
disbursement, bill and merchant payments.

    Mohamed Assoweh, General Manager, Djibouti Telecom, said, "We are glad to partner with
eServGlobal to offer a wide range of mobile financial services to our subscribers. This
will contribute to the financial inclusion of the citizens of Djibouti and also bring
significant added value to the social development of the country."

    John Conoley, Exective Chairman, eServGlobal, said, "The mobile phone represents an
important opportunity to connect people around the world, not just to each other, but to
services and information that can have a life-changing effect. The project of Djibouti
Telecom an example of this. We are proud to be the technology partner for this ambitious
and important initiative."

    eServGlobal will bring its expertise on mobile payment solutions to Djibouti Telecom,
helping them  implement their strategic vision of making such services affordable and
available to virtually anyone in the country, and ultimately contributing to the
development of the local economy.

    eServGlobal's PayMobile platform was selected for this project based on its ability to
meet not only the immediate requirements of Djibouti Telecom, but also their long-term
vision and roadmap. The robustness of the platform, ability to meet international
compliance specifications, and existing track record in other countries, were also
decisive criteria.

    Through eServGlobal's modular approach, Djibouti Telecom is able to optimise the
solution to suit its needs today and also to grow the service by deploying new features as
the subscriber base matures. Djibouti Telecom will, in a future phase, integrate the
mobile money solution with retailers (mainly supermarkets) and banks; as well as the
establishment of ATM/Kiosks in strategic areas and the introduction of companion cards to
complement the mobile wallets, in order to contribute to the development of affordable
e-payment services in Djibouti.

    eServGlobal is showcasing their mobile money solutions at the Mobile World Congress in
Barcelona, 22 - 25 February. eServGlobal will be hosting a live demonstration on its stand
located at Hall 7 Stand i61. 

    Photo:
    http://photos.prnewswire.com/prnh/20120730/552126

Photo:http://photos.prnewswire.com/prnh/20120730/552126
http://photoarchive.ap.org/
Photo:http://photos.prnewswire.com/prnh/20120730/552126
http://photoarchive.ap.org/
eServGlobal

CONTACT: Alison Cheek VP Corporate Communications eServGlobal Telephone number: +33 6 7003 9078  E-mail: alison.cheek@eservglobal.com

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