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mHITs connects to global remittance hub

mHITs connects to global remittance hub

November 2011

mHITs Limited announces that it’s mHITs Australian SMS mobile wallet has connected to the BICS HomeSend global remittance network.

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Connection to the HomeSend global remittance hub will allow Australian mHITs users to send money instantly to friends and family overseas directly from their mobile phone.

HomeSend is a strategic business partnership between BICS and eServGlobal, allowing the real-time transfer of any type of funds, such as airtime or money, and from various fund sources, such as eWallets, bank accounts, credit cards and cash. HomeSend, as such, acts for mHITs as a central worldwide aggregator, and enables overseas international remittances via the mobile phone. As a result, people living in Australia will be able to remit money cost effectively and instantly to their relatives and friends living abroad.

The first remittance corridors will be announced shortly.


about BICS

BICS delivers best in class global solutions for Voice, Messaging, Roaming, Connectivity and Mobile Financial Services to hundreds of telecommunication providers around the world. With teams located in Brussels, Bern, Monaco, Dubai, Singapore and New York, BICS continuously strives to provide customers with the highest levels of quality, reliability and interoperability that enable them to maximise end-user value. BICS’s innovative approach is visible through its place at the forefront of market consolidation and technology advancement. BICS is a joint venture of Belgacom, Swisscom and MTN, and has rolled out transformative Next Generation Networks (NGN). This together with a continued focus on Value Added Services for Mobile Operators and growth strategy has enabled BICS to reach a world-leading position both on the International Voice and Mobile Data markets.

For more information visit www.bics.com.


about mHITs

mHITs (pronounced Em-HITS) is an Australian based developer and operator of mobile payment services.  In Australia, mHITs operates the mHITs SMS payment service that allows consumers to send and receive payments by SMS text message.

For retail transactions, mHITs allows consumers to pay for coffee or other food and beverage items using their mobile phone simply by sending an SMS. Consumers can also use the mHITs service to pre-order their items before arrival at a venue, meaning less queuing and waiting and faster service.

mHITs is also an ideal payment method for purchase of mobile content, MP3 and other electronic and digital downloads, or for making purchases for goods and services from Internet websites. Other applications include cashless vending, web based micro-billing, parking, taxi fare payment, charity donations and cash back offers.

For more details of the mHITs Australian SMS payment service visit www.mhits.com.au.