PORTLAND, Oregon — August 8, 2012 — Vesta Corporation (http://www.trustvesta.com), a global pioneer and leader in electronic payment solutions, today announced the expansion of Prepaid.com (http://www.prepaid.com), a recharge portal that allows mobile customers to send airtime to friends and family worldwide. The website features immediate recharging for prepaid phone accounts and allows expatriates and immigrants to conveniently stay in touch with friends and family, regardless of distance and borders.

The expanded list of countries supporting in-country and cross-border recharge of prepaid airtime includes Brazil, the Dominican Republic, Philippines, Jamaica and more.

The recharge process is fast, reliable and secure and requires no cumbersome registration, PINs or refill cards. Customers can perform a one-time or schedule recurring recharge to ensure that their friends and family can always be in touch. Future enhancements will allow customers to send gift requests and recharges via smartphone application and voice portal.

To purchase airtime at www.prepaid.com, a visitor simply selects the country and operator, and enters the phone number they would like to recharge followed by their payment details. Prepaid.com accepts a wide variety of payment devices including major credit and debit cards, internationally issued credit cards, and Visa and MasterCard signature prepaid debit cards. Upon successful transaction, airtime purchased through Prepaid.com is immediately credited to the recipient’s mobile account.

“Prepaid.com’s expanded coverage makes it easier than ever to send a gift of airtime from the U.S. to family and friends around the world,” said Vesta Vice President, XJ Wang. “And operators can capitalize on the billions of cross-border payments sent annually by leveraging Vesta’s expertise in delivering the industry’s best user experience, security and privacy.”

The Prepaid.com user interface is offered in English, Spanish and Portuguese. Recharge capabilities cover more than 80% of US outbound international calling and SMS destinations for key countries in Latin America, the Caribbean and Asia. Prepaid.com plans to support over 200 mobile operators in 80 countries by the end of 2012.

Having processed hundreds of millions of transactions, Vesta Corporation has earned a reputation for delivering innovative and secure payment solutions worldwide to telecom companies and their customers. And through its fully managed payment capabilities, Vesta is able to deliver a better recharge experience for users and a streamlined relationship with operators and partners.

About Vesta Corporation
Prepaid.com is owned and operated by Vesta Corporation, provider of a fully managed payment platform that offers mobile operators the most efficient and cost-effective way to provide operator-branded direct top-up services (via phone, Web, SMS, USSD, handset application, and recurring charge). Headquartered in North America, with operations in Europe and China, Vesta Corporation has been a pioneer and worldwide leader in electronic payment solutions since 1995. Vesta has established long-term, successful relationships with leading international operators including AT&T, Boost Mobile, Cricket Communications, Eircom, Sprint, Telcel, Tele2, Telefonica, T-Mobile, Verizon, and Vodafone, among others. For more information about Vesta Corporation, visit http://www.trustvesta.com. For more information about Vesta’s consumer payment portal, visit http://www.prepaid.com.