Under the terms of the deal, Vesta is expected to implement Jibe’s App to App platform in order to enable payments via mobile phones for several consumer goods and services. In addition to prepaid account top up and bill payment functionality, the offering is set to include Vesta-powered digital content and application purchases.
Moreover, the app is set to integrate Jibe’s Rich Communication Suite (RCS) specification platform, which is expected to enable peer-to-peer gifted purchases between subscribers.
The jointly-developed app is Payment Card Industry (PCI)-compliant.
Both companies are expected to exhibit their app at the Mobile World Congress event in Barcelona, Spain.
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