HomeSend and Dialog Axiata join forces to bring safe, secure cross-border money transfer to Sri Lanka

Paris, 16 July 2015

eServGlobal is pleased to announce an agreement between HomeSend, and Dialog Axiata to make international remittance services available to millions of consumers across Sri Lanka. HomeSend is a joint venture of between MasterCard, eServGlobal and BICS.

Dialog Axiata, Sri Lanka’s largest telecommunications provider, launched eZ Cash, which grew to become the world’s first inter-operable mobile money service with the advent of Etisalat and Hutch to the platform. eZ Cash provides a network of more than 16,000 physical transaction points in Sri Lanka and is the winner of the Mobile World Award for Best Mobile Money service at the Mobile World Congress in Spain.

The agreement announced today will see HomeSend’s hub powering remittance services globally to send money to eZ Cash accounts. Now, 14 million customers of Dialog, Etisalat and Hutch will be able to receive money from anywhere in the world with access to the 16,000-strong eZ Cash terminals across Sri Lanka.

Using the HomeSend remittance hub, WorldRemit, mHits, Azimo, PostFinance and Lycaremit will be the first partners to launch services to eZ Cash from 16 July 2015, with other partners scheduled for launch in due course.

“eZ Cash is committed to providing our customers with services that fit their needs, and this partnership with HomeSend will enhance the reach and capability of mobile money services in the country to the rest of the world,” said Fariq Cader, Vice President, Dialog Digital Services. “eZ Cash customers now have a safe and seamless solution to receive funds from their loved ones, regardless of where they are in the world.”

Stephen Doyle, CEO, HomeSend said: “The ability to safely send money electronically in real time to family and friends provides speed, convenience and choice to Sri Lankans living abroad and a critical lifeline to those receiving it at home. By partnering with eZ Cash, we are able to provide millions of Sri Lankans a secure and convenient way to receive funds from family abroad straight to their mobile phone.”

In June 2012, eZ Cash became Sri Lanka’s first mobile money service following being awarded a license under the aegis of the Payments and Settlements Act No 28 of 2005. Custodial banking services for Sri Lanka’s pioneering mobile money service is provided by Hatton National Bank PLC (HNB).

Nicola Peters