YOU Telecom ties-up with atom Technologies

Customers can recharge services using phone

India, March 17, 2009: Atom Technologies, the leader in m-payments solutions today announced that YOU Telecom has entered into a partnership to put to service the atom platform for its end customers. This service will enable end-customers to make payments over the phone using credit cards in a completely automated and secure environment. This IVR based payment facility will be available for YOU Telecom subscribers in Maharashtra, Gujarat, Karnataka, Andhra Pradesh, Haryana (Gurgaon) and Tamil Nadu.

In the wake of rise in online payment security concerns, subscribers can now recharge/renew services like broadband connection, voice and video services, etc by paying through the conventional mode of phone instantly and ensure uninterrupted services. YOU Telecom expects a surge in recharge and fresh subscriptions through the atom platform impacting the ISPs bottom-line as well as top-line.

“To enhance service experience, enable instant recharge/refills for subscribers we have tied-up with atom. With this, we will not only increase our overall business in the state, but will also become more cost effective and competitive. This marks our ability to leverage innovative technologies and reach out to our customers, in addition to our Internet presence” said E.V.S. Chakravarthy, CEO, YOU Telecom India Pvt Ltd.

“We are happy to have You Telecom added to a large set of partner merchants who are using our m-payments platforms for IVR as well as mobiles for their payment needs. We are sure that this will provide YOU telecom’s customers a very convenient way to renew their subscriptions, which will definitely aid their business also” said Dewang Neralla, Director of atom Technologies. “Over a period of time, we have seen an increase in volume of transactions happening over our platform across different cities and verticals” opined Neralla.

“Our customers can now be assured of instant and hassle free recharge of their Internet accounts through an automated and secure environment using their phones” opined Chakravarthy.

About YOU Telecom

Citigroup-owned YOU Telecom is a category ‘A’ ISP and India’s first ISO accredited broadband service provider. One of the leading independent ISPs in India, YOU offers high speed Internet, voice and video services through cable modem platform to residential, SME and corporate customers in 10 cities. With a registered subscriber base of over 200,000 YOU is gradually expanding its presence in other cities across the country through its video operations. For more details, please visit www.youtele.com

About atom Technologies

atom technologies is a digital, retail initiative of the Financial Technologies Group, a group that has pioneered creation of digital marketplaces and technology solutions for the financial markets. atom was formed in 2006 to focus on harnessing the digital transaction ecosystem for payments with a special focus on the ever-increasing mobile ecosystem. As a mobile payments service provider, atom, through innovative use of technology in the mobile transactions ecosystem, has created multiple “patent pending” products & services for mobile payments, mobile banking for the un-banked, IVR based payments & mobile based service distribution framework. Today, its services have seen more than $ 30 million+ of transactions going through its environment with client list spanning the best of the associates in the industry. For more details on atom, log on to www.atomtech.in