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EastNets awarded 2011 SWIFT conformance statement for en.MoRe mobile remittance platform

Monday 19 September 2011 15:00 CET | News

Global compliance and payment services company EastNets has been awarded the SWIFTReady – workers remittance conformance label for 2011 by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) for its en.MoRe mobile remittance platform.

A partnership agreement was signed earlier in 2011 with BICS (Belgacom International Carrier Services) to provide mobile money transfer services to migrant workers worldwide. BICS operates an international network, with over 550 direct connections, including more than 250 routes to mobile operators, in over 170 countries.

The first pilot implementation of the en.MoRe mobile remittance service was completed in cooperation with BICS starting the first Mobile Money Transfer corridor between Qatar and Pakistan.

EastNets will present case studies and discuss the impact of Mobile Money Transfer in changing the developing communities during its participation at Sibos 2011, which takes place 19-23September 2011 in Toronto, Canada.


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Keywords: EastNets, SWIFT, SWIFT conformance statement, en.MoRe, mobile remittance, mobile payments
Categories: Payments & Commerce
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Countries: World
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