Wednesday, March 10, 2010

Vesta Corporation Launches Prepaid.com, a Global Payment Portal for Prepaid Mobile Operators

Vesta Corporation Prepaid Payment SolutionsExpands Payment Footprint and Offers Innovative, Consumer-Friendly Features for Online Mobile Recharge


PORTLAND, OR and MEXICO CITY--(Marketwire - March 8, 2010) - Mobile Money Transfer Conference, Mexico City -- Vesta Corporation (http://www.trustvesta.com), a global pioneer and leader in electronic payment solutions, today announced the launch of Prepaid.com (http://www.prepaid.com), a recharge portal that allows mobile customers to send airtime to friends and family worldwide. The portal features immediate, no-fee recharging for prepaid mobile phone accounts and allows expatriates and immigrants to maintain strong family ties, regardless of distance and borders.



Prepaid.com provides mobile operators with a plug and play solution that supports in-country and cross-border recharge for mobile services such as prepaid airtime, subscriptions, and mobile broadband. The new portal helps mobile operators capitalize on the billions of cross-border payments sent annually, and includes a variety of consumer-friendly features that have been shown to increase the lifetime value of customers.



"By using Prepaid.com, consumers now have a convenient way to send airtime to family and friends in other countries," said Chris Parsons, chief marketing officer of Vesta. "Working with Vesta expands payment options for operators and assures purchasers worldwide the security and privacy they demand."



Having processed hundreds of millions of transactions, Vesta Corporation has earned a reputation for delivering innovative and secure payment solutions to telecom companies worldwide and their customers. Prepaid.com's operator-branded recharge process maintains the highest payment and data security standards in the industry, and integrates easily with an operator's infrastructure for fast time to market.



To purchase airtime at www.prepaid.com, a visitor simply selects the country and operator, and enters the phone number they would like to recharge followed by their payment details. Prepaid.com accepts a wide variety of payment devices including major credit and debit cards, internationally issued credit cards, and Visa or MasterCard signature prepaid debit cards.



With no cumbersome registration, PINs or refill cards required, the recharge process is fast, reliable and secure. Prepaid.com does not charge service fees or surcharges, and immediately applies airtime to the gifted account. The portal features 24x7 online and live-agent transaction support, and purchasers can create an account to securely store payment details and recipient phone numbers, review payment history, and print transaction receipts.



Consumers can perform a one-time recharge or schedule recurring gift payments to ensure that their friends and family can always be in touch. As one consumer stated, "I have peace of mind knowing that my mother can call me anytime because I set up recharges for her phone every month." Future enhancements will allow subscribers to send gift requests and recharges via social media sites and SMS.



Prepaid.com is launching with Telefonica Movistar, Iusacell and Unefon in Mexico, and is actively investigating partnerships with mobile operators in other geographies where cross-border gifting is common, including Latin America, the Caribbean, Europe, Southeast Asia, China, and India.



About Vesta Corporation

Prepaid.com is owned and operated by Vesta Corporation, provider of a fully managed payment platform that offers mobile operators the most efficient and cost-effective way to provide operator-branded direct top-up services (via phone, Web, SMS, USSD, handset application, and recurring charge). Headquartered in Portland, Oregon, with operations in Europe and China, Vesta Corporation, has been a pioneer and worldwide leader in electronic payment solutions since 1995. Vesta has established long-term, successful relationships with leading international operators including AT&T, Boost Mobile, China Mobile, China Unicom, Cricket Communications, Eircom, Sprint, Telia, Tele2, Telefonica, T-Mobile, Verizon, and Vodafone, among others. For more information about Vesta Corporation, visit http://www.trustvesta.com. For more information about Vesta's consumer payment portal, visit http://www.prepaid.com.

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