Vesta Corp. wants to provide the wallet that mobile operators would use to offer core financial services to underbanked customers through their prepaid mobile phones.

Vesta PayMobile builds on the company’s core account reload platform to include money transfer, bill payment and international top-up services, the Portland, Ore.-based mobile pay provider, announced last week.

Vesta plans to launch the wallet software with major mobile operators in the U.S. during the second half of 2013. The launch will include integrated services from Vesta partners Xoom, PreCash and Prepaid.com.

Vesta PayMobile utilizes Xoom’s money transfer capabilities and PreCash’s bill payment services, including online payments. Prepaid.com enables customers to send airtime credits as gifts to friends and family.

“We envision this application growing to eventually include a broad portfolio of services and mobile commerce capabilities for all mobile subscribers,” Joshua Rush, vice president of marketing for Vesta, states in a press release.

Vesta PayMobile is part of Vesta’s cloud-based payments-as-a-service offering, allowing mobile network operators to brand and launch a mobile wallet that becomes part of their billing, accounting and customer service systems, Rush says.

Vesta works with various mobile network operators, including Sprint, which also announced last week its Boost Mobile Wallet for the underbanked. Sprint's product is tied to its prepaid Boost mobile phones. 

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