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Vesta and Jibe Mobile team on m-payments

10 February 2011  |  2174 views  |  0 Source: Vesta Corporation

Vesta Corporation, a global pioneer and leader in electronic payments, and Jibe Mobile, a real-time communications platform provider, today announced the introduction of an enhanced mobile payments application designed for operators and handset manufacturers.

Vesta and Jibe will showcase the application at Mobile World Congress 2011.

Vesta will leverage Jibe's App to AppTM Platform to enable payments through a user's handset for a variety of consumer goods and services. In addition to prepaid account top up and bill payment functionality, the offering incorporates Vesta-powered digital content and application purchases.Utilizing Jibe platform's Rich Communication Suite (RCS) specification, the application will also enable peer-to-peer "gifted" purchases between subscribers. As with all of Vesta's payment solutions, the application is 100 percent PCI compliant and fully indemnifies the operator against fraud losses.

The JibeApp to App Platform enables operators and developers to create richer mobile applications that allow consumers to enjoy an open and seamless communications experience. Jibe's ability to leverage next-generation networks while maintaining compatibility with legacy and low tier devices reduces the time to market for developers launching innovative third-party applications.

"The proliferation of applications and digital content provides an opportunity for mobile operators to create additional value from existing customers," said Amir Sarhangi, chief executive officer, Jibe Mobile. "Our collaboration with Vesta delivers rich, integrated payment functionality in an operator-branded environment - securing the operator's position in the content delivery chain."

"Vesta's industry-leading payment solutions are a perfect complement to the Jibe App to App Platform," said Doug Fieldhouse, chief executive officer, Vesta Corporation. "By delivering seamlessly integrated, secure payments through the handset, Vesta provides a robust foundation for developers."

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