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Foreign Remittance Direct to Mobile with eZ Cash & HomeSend

July 16th , 2015         Colombo

 

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Overseas Worker Remittances Direct to Mobile on World Award Winning eZ Cash

Sri Lanka’s pioneering mobile money service, eZ Cash, now enables subscribers to receive foreign remittances to their eZ Cash mobile wallet. eZ Cash – the world’s first inter-operable mobile payment system - is available to 14 million Dialog, Etisalat and Hutch subscribers in Sri Lanka, and the ability to electronically receive money to their mobile phone from anywhere in the world will significantly enhance the convenience of receiving inward remittances.

Inward Foreign remittances to eZ Cash mobile wallets has been made possible via the partnership between eZ Cash and HomeSend, a joint venture created by MasterCard, eServGlobal and BICS (Belgarcom International Carrier Services) that enables cross-border and cross-network value transfers.

The partnership allows persons resident overseas to transfer funds direct to an eZ Cash mobile money account facilitating cash out at participating locations.

"eZ Cash is committed to providing our customers with services that fit their needs, and the ability to receive foreign remittances will enhance the value of the eZ Cash system to Sri Lankan citizens receiving inward remittances from overseas" said Fariq Cader, Vice President of Dialog Digital Services. "We are greatly appreciative of the progressive regulation espoused by the Central Bank of Sri Lanka and the enablement support we have received from the CBSL in line with the national agenda on financial inclusion. We are also appreciative of the support received from HNB our custodial bank and our partners Etisalat and Hutch. 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, and we will continue to innovate and add further value to offering," he said.

This is the first time a mobile money service in Sri Lanka is enabling foreign remittance services, and with its island wide reach and over 16,000-plus agent locations, eZ Cash continues to revolutionise mobile payments in Sri Lanka. eZ Cash services also include utility payments, institutional payments and domestic money transfer facilities. The foreign remittance facility via eZ Cash provides a secure and instant means of fund transfer to Sri Lanka from anywhere in the world.