Thu, 01/10/2009
Madrid, Spain & Dublin, Ireland — October 1st, 2009 — Vesta Corporation, a global pioneer and leader in electronic payment solutions, today announced it has been selected by Spanish operator Yoigo, to create and deliver a new, innovative automated recharge service. The offering provides the fastest way for Yoigo’s prepaid customers to add value to their accounts by using a credit or debit card.
This new functionality enables recharges in a matter of seconds anytime, anywhere via the internet. Vesta’s proprietary technology handles the recharge requests, validates customers’ payments, and quickly adds credit to customers’ accounts.
In addition to delivering internet recharge capability for Yoigo customers, Vesta offers the operator full indemnification from transaction fraud and manages all operations surrounding the service.
“Yoigo has established a strong following in the Spanish mobile market by providing simple, economical services for its customers,” said Lorcan Burke, Vesta’s Vice President, European Sales and Marketing. “The addition of this new, convenient recharge channel will add even more value to their offering.”
Vesta provides prepaid mobile recharge services for numerous operators throughout Europe, North America and Asia.
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About Yoigo
Yoigo is the fourth mobile phone operator in the Spanish market. The service it offers is based on honesty, transparency, simplicity and the streamlining of internal resources enabling it to pass on savings directly to its customers and offer lower prices. TeliaSonera, the leading telecom operator in the Nordic and Baltic regions has a 76.6% shareholding in the company. ACS, a construction and services group, has a 17% stake, FCC a 3.4% stake and Telvent a 3% stake. For more information, visit www.yoigo.com
About Vesta Corporation
With European Headquarters in Dundalk, Ireland and corporate headquarters in Portland, Oregon, USA, Vesta has been a pioneer and worldwide leader in electronic payment solutions since 1995. Vesta was inducted into the Inc. Hall of Fame for five consecutive years as an Inc. 500 fastest growing private company. Vesta’s clients include AT&T, China Mobile, China Unicom, Meteor, O2, Tele2, T-Mobile, Vodafone, Verizon, Yoigo, IDT, and Sprint. For more information, visit www.trustvesta.com
Media Inquiries, Vesta Corporation
info.europe@trustvesta.com
+353 (0)42 939 4600
