Zendit Extends Global Prepaid Platform with eSIM Initiative
Zendit, a cloud-based prepaid-as-a-service business of IDT Corporation, will unveil its eSim (embedded Subscriber Identity Module) initiative at the Mobile World Congress 2024 (MWC) in Barcelona, Spain, from February 26th to 29th.
eSIMs are an industry standard digital SIM that enables international tourists, business travelers, digital nomads, and anyone outside their home mobile network’s geography to access mobile networks without installing a physical SIM card. eSims enable effortless global data connectivity – usually at significant savings compared to roaming charges and for much less than most carriers’ daily travel charges. ESIM plans’ average cost per gigabyte can be as little as 5% of roaming charges.
“Zendit’s eSim initiative offers businesses, organizations, entrepreneurs, and developers an outstanding opportunity to tap into this rapidly expanding and exciting global market,” said Emilio del Rio, President of IDT Digital Payments. “The Zendit prepaid-as-a-service platform makes it easy for anyone to build and offer curated eSIM collections to their audiences and customers. Our eSim offerings are also an ideal solution for international shippers and fleet managers who require secure, scalable connectivity for IoT devices.”
Currently, popular mobile phone models are increasingly eSIM compatible, helping to drive the rapidly expanding demand for eSIMs. According to the IMARC Group, the global eSIM market was approximately $10 billion in 2023, and it is expected to reach roughly $44 billion by 2032, achieving an annual compounded growth rate of over 17%.
To tap into the dynamic eSIM market, developers worldwide can open an account at zendit.io, obtain integration credentials, fund their wallets, and go live – all in a matter of minutes.
MWC 2024 attendees are invited to stop by the Zendit booth (Hall Congress Square – CS24) for a personal demonstration of the Zendit eSIM platform offerings and get a free Spain eSIM (1GB/4 days)!