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Vesta launches new mobile wallet for prepaid operators

Wednesday 22 May 2013 11:38 CET | News

US electronic payment services provider Vesta Corporation has launched the Vesta PayMobile wallet, a smartphone application that enables mobile operators to offer core financial services to their prepaid customers.

Powered by partnerships with digital money transfer provider Xoom, provider of expedited bill payment services PreCash and online services for international top-up Prepaid.com, the app builds on Vesta’s core account reload platform to include money transfer, bill payment and international top-up services.

By offering the Vesta PayMobile wallet, mobile network operators (MNOs) can enable their prepaid customers to conduct mobile commerce and access critical banking services through their smartphones.

The Vesta PayMobile wallet is set to launch with mobile operators in the US in H2 2013 and will include pre-integrated services from: Xoom - prepaid mobile subscribers will be able to sign up for the Xoom service directly from their smartphone and send money to friends and family in Latin America, the Philippines, India, Europe, Australia and South Africa; PreCash - this provides users the ability to pay bills in the US with cash or cards using their smartphone. Additionally, users can add cash to their wallet at retail locations nationwide. Finally, Prepaid.com enables the gifting of airtime credits to friends and relatives abroad.

In recent news, Italian mobile network operator Wind and Vesta have launched a Facebook application dubbed Ricarica Wind that enables Wind Italy customers to top-up their prepaid accounts through Facebook.


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Keywords: Vesta, mobile wallet, PayMobile, US
Categories: Payments & Commerce
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Countries: World
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