Vesta Mobile Payment Platform

The Vesta Mobile Payment Platform platform allows to recharge quickly and safely without any registration and maintains a large number of channels of payment: on the Internet, by phone, automatically (in the appointed date, at decrease in balance to a threshold value, etc.). The closed patented technology of protection against fraud allows to reduce amount of the denied requests for replenishment of balance, to reduce the risks connected with cashless payments, thus, having raised the income of service provider.

In October, 2010 Amdocs and Vesta Corporation company announced the conclusion of the partnership agreement. According to the agreement of the company will propose to mobile operators the solution integrating possibilities of patent service of account replenishment Vesta and Amdocs Prepaid – a software product for creation of services, rendering services, tariffing in real time and customer relationship managements.

According to the research published by Informa Telecom and Media1 company, 72% of all subscribers in the world use advance tariff plans (data on the second quarter 2009). The advance segment sets singular problems for mobile operators – the competition between service providers grows, and the lack of the contract increases the probability of leaving of the subscriber to other operator.

The integrated offer includes the solution Amdocs Prepaid Solution and the Vesta Mobile Payment Platform platform. The solution Amdocs supports enhanced capabilities of tariffing of the complex offers integrating service packages (for example, voice transmission, data and the SMS), and credit/advance schemes of payments. Amdocs Prepaid has the unique Turbo Charging technology which set an industry record on performance in real time in the basis. This technology showed an opportunity to process 276 million calls in peak hours of loading.