The new platform also feature wallet functions supporting multiple users and payment devices, and the integration of social networking applications where subscribers can request, send and receive payment-related gifts. 

Vesta says the new platform enables operators to increase subscriber ARPU, accept more payment types and achieve Payment Card Industry (PCI) compliance. This relieves the operator from the costs and burdens of maintaining compliance themselves.

Chris Parsons, chief marketing officer at Vesta Corporation, said: “As mobile consumers’ payment preferences evolve and they pay via increasingly diverse methods, more and more mobile operators are embracing the flexibility, convenience and security our platform delivers.”