Boku Partners with Swisscom to Offer Mobile Payments

With partnership Boku connects into the direct billing API for Switzerland's leading telecom provider

SAN FRANCISCO--()--Boku, Inc., the global leader in online mobile payments, today announced a carrier billing partnership with Swisscom with a connection to the MNO’s direct billing API. This agreement will bring direct-to-bill mobile operator billing as a payment option to more than 6 million customers, covering more than 60% of Switzerland’s mobile market.

Through this integration, online merchants will generate increased revenue by attracting new consumers who were previously unable to pay and from consumers who find mobile the most convenient way to pay online. When making purchases from their favorite online merchants, consumers will benefit from a convenient and secure payment experience that is accessible to all Swisscom mobile subscribers. Consumers simply enter their mobile phone number at checkout and receive a PIN number which can then be entered into the payment panel to confirm the payment with the charges appearing on their wireless bill.

The advanced direct billing API supports:

  • Desktop web, mobile in-app, and mobile web 1-tap payments
  • An efficient user authentication process that delivers increased conversion for merchants
  • Accurate and timely notification of billing errors impacting purchase (e.g. insufficient funds), giving consumers greater transparency
  • Continuous pricing, enabling merchants to offer a wider range of price points

James Patmore, Senior Vice President at Boku, commented that: “Swisscom is an incredibly strong partner in Switzerland based not only on their market share but also their commitment to their partners and their customers. Their direct billing API will allow Boku to deliver a bank-grade carrier billing experience to the vast majority of Switzerland’s mobile users in one fell swoop; that’s a tremendous value for Boku and for Swiss mobile subscribers.”

About Boku:

Boku, the leading online mobile payments company, brings bank-grade payments technology and mobile users together, creating a trusted, accessible platform for consumers, merchants and carriers alike. Based in San Francisco with offices in Europe and Latin America, Boku reaches nearly 4 billion consumers worldwide, across 68 different countries. Leading Silicon Valley entrepreneurs and venture capitalists fund Boku including Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures, and NEA.

For more information visit: www.Boku.com

Contacts

For Boku, Inc. in Europe
Sami McCabe, +44 (0) 20 7100 1333
sami@clarity.pr
or
For Boku, Inc. in the United States
David Speiser, 650-516-6635
david@drsmedia.com

Release Summary

Boku Announces a Direct Billing Relationship with Swisscom.

Contacts

For Boku, Inc. in Europe
Sami McCabe, +44 (0) 20 7100 1333
sami@clarity.pr
or
For Boku, Inc. in the United States
David Speiser, 650-516-6635
david@drsmedia.com