Nuance Mobile Care Enhances Secure Payment Offerings through Collaborative Partnership with Vesta Corporation
Mobile Operators and Users to Benefit from Secure, Intuitive Mobile Care Payment Solutions
Burlington, MA – February 11, 2010 –Nuance Communications and Portland, Oregon-based Vesta Corporation, a global pioneer and leader in electronic payment solutions for wireless operators, today announced the partnership to co-promote and integrate Nuance’s Mobile Care application with Vesta’s Mobile Payment Platform, to deliver a comprehensive payment service to mobile operators worldwide.
This partnership will expand the on-device self-service capabilities of Nuance Mobile Care by enabling the subscribers of mobile operators to quickly and seamlessly make payments and handle other payment-related functions directly through their mobile handsets. Expanded functionality includes bill presentment and account balance, balance alerts, bill payment, prepaid top-up, payment history and enabling general account inquiries.
“At present, research indicates that 50% of customer care calls to mobile operators are payment related,” said Chris Parsons, chief marketing officer of Vesta Corporation. “Our partnership with Nuance will ensure that innovative and user friendly, end-to-end secure payment capabilities can be delivered directly from the handset. This will dramatically reduce the number of customer care calls operators contend with as well as reducing the costs associated with supporting customer care operations.”
By empowering subscribers to manage and process their own payment transactions, Nuance and Vesta are taking strides to eliminate wait times for customer service agents and reduce the number of queries being handled by the mobile operator’s customer care facilities, in turn driving down costs and improving customer service. Furthermore, Vesta’s technology fully complies with the PCI Data Security Standard (PCI DSS), which is mandated by leading credit card issuers, to ensure that requirements for payment data security are met. Mobile operators will also benefit from full payment fraud indemnity enabled by Vesta’s detection and risk management capabilities.
As a result of this collaborative offering, mobile operators will now have the ability to provide a comprehensive and secure self-service experience to consumers via the mobile channel. Consumer research indicates that nearly a quarter of all mobile customers, and nearly a third of the youth market, prefer to pay through their handsets. Mobile consumers like the convenience and flexibility that mobile payments deliver.
“Our partnership with Vesta supports our strategic direction toward expanding Nuance’s Mobile Care offerings and our focus on providing innovative, secure self-service solutions to enterprises and mobile operators worldwide, “said Bob Wise, GM & SVP of Nuance Mobile Care.
Nuance and Vesta will be showcasing the application at the upcoming Mobile World Congress show in Barcelona from February 15th through 18th in Hall 2, Booth D33. For more information about Nuance Mobile Care, please visit www.nuance.com/mobilecare.
About Vesta Corporation
Headquartered in Portland, Oregon, with operations in Europe and China, Vesta has been a pioneer and worldwide leader in electronic payment solutions since 1995. Vesta has established long-term, successful relationships with leading international companies including AT&T, Boost Mobile, China Mobile, China Unicom, Cricket Communications, Meteor Mobile Communications, O2, Sprint, T-Mobile, Tele2, Verizon, Vodafone and Yoigo. For more information, visit www.trustvesta.com.
About Nuance Communications, Inc.
Nuance is a leading provider of speech and imaging solutions for businesses and consumers around the world. Its technologies, applications and services make
the user experience more compelling by transforming the way people interact with information and how they create, share and use documents. Every day, millions
of users and thousands of businesses experience Nuance’s proven applications and professional services. For more information, please visit: www.nuance.com.
Nuance and the Nuance logo are trademarks or registered trademarks of Nuance Communications, Inc. or its subsidiaries in the United States of America and/or other countries. All other company names or product names may be the trademarks of their respective owners.
The statements in this press release, relating to future plans or future events or services, are forward-looking statements which are subject to specific risks and uncertainties. There are a number of factors which could cause actual events or results to differ materially from those indicated in such forward looking statements, including fluctuations in demand for the Nuance products, the relationship with its partner and the continued development of Nuance products. The reader is warned not to rely on these forward-looking statements without reservation, since these are simply reflections of the current situation. Nuance disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this document.
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