DUBLIN, Ireland, and PORTLAND, Oregon, 20 February, 2008 — Vesta Payment Solutions and Payzone have signed an agreement with Tele2, to provide an enhanced mobile phone service to Tele2’s customer base in Sweden. The new service enables prepaid phone customers to schedule regular top ups and purchase gift credit.
The new top-up service, enables customers to receive automatic weekly, bi-weekly or monthly top ups without visiting a point of sale location or ATM. A gift credit option allows customers to purchase or schedule regular and one-off top ups for other prepaid Tele2 users.
The service was developed by Payzone with Vesta Payment Solutions, a leader in virtual payment technology. This innovative development is indicative of Payzone’s commitment to provide practical and enhanced mobile phone solutions to its telecom clients.
Donal McGuinness of Payzone said, “For the first time, Tele2 prepaid customers, can enjoy continuous phone credit without the need to do manual top ups at shops or ATMs. Payzone continues to develop new and innovative solutions for its clients and their customers, and is delighted to be working with the Tele2 Group.”
Payzone was formed by the recent merger between alphyra and Cardpoint. Payzone is one of the leading consumer payments and cash distribution networks in Europe. Listed on the AIM market of London Stock Exchange and headquartered in Dublin, it has operations in 21 countries across Europe, processing over 630 million transactions per year on behalf of its clients. These transactions have a yearly value of over €13 billion Euro and are handled electronically through the payzone network of over 240,000 points of service (terminals, vending units and EPOS tills) at more than 170,000 retail locations across Europe. Payzone offers a wide range of services including pre-paid mobile phone top-ups, energy pre-payments, bill payments, pre-paid Visa vouchers, local and housing authority payments, pre-paid Visa and MasterCard payment cards, payment vouchers for on-line shopping, gift card and loyalty programmes, transport ticketing, lottery games, parking and electronic road tolling, debit and credit card acceptance, contactless payment solutions and world-wide money transfer services. Payzone also operates approximately 6,000 ATM cash dispensers in the UK and Germany. For more information, visit www.payzoneplc.com
Donal McGuinness
+353 (1) 207 6000
Nicola Flynn
Tom Allison
020 7002 1080
With European Headquarters in Dundalk, Ireland and corporate headquarters in Portland, Oregon, USA, 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, Cingular Wireless, China Mobile, China Unicom, Meteor, O2, T-Mobile, Verizon, IDT, and Sprint.
Scott Boucher
Manager, Corporate Communications
info@trustvesta.com
+1 503.790.2500