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http://www.paymentone.com/
August 31, 2011 09:47 AM Eastern Daylight Time 

PaymentOne Partners with Telefónica Germany for Direct Mobile Payments

International collaboration enables global merchants to accept payments for digital, virtual and physical goods

SAN JOSE, Calif.--(BUSINESS WIRE)--PaymentOne Corporation®, the pioneer in frictionless payment and carrier billing solutions, today announced a direct carrier billing relationship with Telefónica Germany. Telefónica Germany is part of Telefónica SA, a leading provider of broadband and mobile services and the second largest carrier group in the world. The mpass system -- driven by Telefónica Germany, Telekom and Vodafone -- enables merchants to accept direct carrier billed payments for virtual, digital and physical goods.

“PaymentOne says ‘put your wallet away and use your phone number to pay,’ bringing the speed, security and convenience of mobile payments to the millions of Telefónica Germany subscribers.”

PaymentOne’s merchant customers can now offer Telefónica Germany subscribers the option to charge services up to 30 euros directly to their mobile phone carrier bill. The partnership enables one-time transactions, recurring subscriptions, in-app billing and Web billing.

“PaymentOne’s agreement with Telefónica Germany further expands our direct international footprint and provides the broadest global reach and best payout rates to our merchants,” said Brad Singer, executive vice president of PaymentOne. “PaymentOne says ‘put your wallet away and use your phone number to pay,’ bringing the speed, security and convenience of mobile payments to the millions of Telefónica Germany subscribers.”

“PaymentOne is an established market leader in carrier billing with the financial stability and the broad product spectrum we look for in a payment partner,” said Robert Erdmann, manager direct-to-bill and enabling services, Telefónica Germany.

PaymentOne’s financial grade carrier-billing services are available to merchants worldwide, connecting over 3 billion consumers with merchants in over 70 countries.

About PaymentOne

PaymentOne Corporation is the global leader in integrated operator billing, spanning mobile, fixed line and broadband payment services. More than 12 years ago PaymentOne invented the “no credit card required” operator billing model, allowing consumers to simply bill digital purchases on any connected device to their mobile, broadband or home phone bill. PaymentOne’s network of 1200 telecom operators in 70 countries reaches over 3.5 billion worldwide consumers, and has helped digital merchants, social media publishers and content providers generate more than $5 billion in incremental digital transactions. PaymentOne’s first rate customer service, robust patent portfolio covering fraud prevention, and proven ability to deliver new revenue has earned the company the lowest client churn rate in the business. Profitable and privately held, PaymentOne is headquartered in the Silicon Valley. To learn more, visit www.PaymentOne.com.

Contacts

Mobility Public Relations
John Sidline, 503-946-3311
paymentone@mobilitypr.com
Press kit: http://paymentone.mobilitypr.com/
Twitter: http://twitter.com/paymentone

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