MUNICH & HANOI, Vietnam--(BUSINESS WIRE)--mopay, a global leader in innovative payment solutions for online merchants, and Viettel Telecom—the market-leading mobile network operator in Vietnam—have signed a strategic carrier billing partnership. The agreement will enable mopay’s international merchant portfolio to allow Viettel’s 58 million strong user base to transact with mopay. Easy and reliable purchases of digital goods that are billed through the Viettel phone bill can now be processed.
mopay’s regional office in Hanoi has engaged with Viettel to take on the challenge of opening the Vietnamese carrier billing market to international digital brands. Three factors have served to bring mopay and Viettel together: the sheer size of the local Vietnamese mobile market, which has the eighth highest number of mobile phone subscribers in the world; the steep growth of smart phones by more than 156% over the last three years; and the openness of Vietnam’s leading carrier to fully embrace the carrier billing opportunity. mopay will introduce its platform with a direct integration into Viettel’s billing platform to ensure a best-in-class user experience, as well as access to superior commercial deals currently available through its merchant base.
The mopay payment process that Vietnamese users will experience is very simple. When purchasing a digital or virtual item online, consumers choose mopay as their payment method. mopay only needs a verified mobile phone number to bill the requested amount. No registration or further information is needed. All user interfaces, such as PC screens, tablets and mobile phones, are supported in order to make the payment method adapt to different usage scenarios. On a global scale, it is still the easiest way to pay for music, games, virtual items, or even tickets.
Ingo Lippert, CEO of mopay, comments, “Vietnam is a very vibrant country where you can literally feel how quickly this market is evolving. We feel privileged to team up with Vietnam’s largest mobile network provider, Viettel, to take mobile payments to the next level.”
A Viettel representative adds, “mopay’s ongoing local support and global experience have been striking arguments for us to enter into this winning partnership. We place very high standards on the companies with whom we work, and we are happy that mopay has satisfied all of our requirements to become a preferred partner of Viettel.”
About mopay:
mopay is a global leader in innovative payment solutions for online merchants. mopay’s core platform enables merchants of virtual, digital and physical goods to bill charges directly to consumers’ cell phone and land line accounts. mopay operates in more than 80 countries across the globe, reaching more than 4.3 billion consumers. The company has a blue-chip customer base including major brands such as Gameforge, Bigpoint, valve and Wargaming. mopay, part of the MindMatics group, has more than 100 employees at locations in the United States, Germany, Austria, Spain, the United Kingdom, Korea, Vietnam, Indonesia, China, Romania and Brazil. For more information, visit www.mopay.com.
About Viettel Telecom:
Being the leading mobile network operator in the emerging market of Vietnam. Viettel has more than 25,000 employees, serving more than 58 million clients; the carrier holds a market share of approximately 40%.visit http://vietteltelecom.vn.