Corethree Partners with Boku to Integrate First Direct Carrier Billing Mobile Payments Solution for M-Ticketing

● First mobile payment solution for bus ticketing that requires no credit or debit card

● Improves end user experience

● Opportunities for usage beyond m-ticketing

WATFORD, England--()--Corethree, the leaders in m-ticketing technology, today announces a new partnership with Boku, the global leader in direct carrier billing-based mobile payments. The partnership will create a huge benefit to consumers who will, for the first time, be able to charge their bus tickets to their mobile bill, using Boku’s® payment solution via their existing mobile application built by Corethree.

Ashley Murdoch, CEO Corethree says: "This is a landmark partnership for Corethree that enables carrier based mobile payments for m-ticketing. Boku’s payment solution fits seamlessly with our own technology and will provide more innovative opportunities for our clients and their customers. We are constantly evolving our business to bring greater opportunities to our clients and this is another very positive step in our journey."

With this partnership, consumers gain the ability to charge bus ticket purchases directly to their mobile phone bill from within a mobile app without the need for a credit or debit card. Consumers simply select Mobile as their payment method of choice. The charge appears on the consumer's bill or is deducted from their prepaid balance using Boku's e-Money solution.

Jon Prideaux, CEO Boku says: "Working with Corethree is a great alignment for both companies and takes mobile payments into another new territory, bringing the convenience of mobile payments to ticketing systems. Corethree has a breadth of experience in this arena that makes for an outstanding partnership, bringing two diverse types of technology together into an outstanding consumer offering."

The two companies will work together on a number of solutions for clients in the m-ticketing area as well as looking at opportunities to expand the technology further into new areas. The initial implementation will focus on adding Boku’s mobile payment method to Corethree’s turnkey mobile solution, MoBus.

More information: Holly Ward, The Forge, holly@theforgecommunications.com, 07950315411

Notes to editors:

Corethree is a fast growing mobile technology business, relentlessly evolving to solve problems and create new opportunities through mobile. It integrates disparate data points to create simple, easy to use solutions to maximise revenues and improve customer service. Core Engine is the beating heart of the business; a robust tool box that creates scalable, innovative mobile solutions.

About Boku:

Boku, the leading direct carrier billing mobile payment 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, Latin America, and Asia, Boku reaches nearly 4 billion consumers worldwide, across 67 different countries with more than 250 operators. Boku partners with global merchants including Facebook, Sony, and Electronic Arts. 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

Media Kit: http://www.boku.com/press/

Contacts

For Boku, Inc. in the United States
David Speiser, 650-516-6635
david@drsmedia.com
pr
For Boku, Inc. in Europe
Ben Camm-Jones, +44 (0)7515 877 621
ben@clarity.pr

Contacts

For Boku, Inc. in the United States
David Speiser, 650-516-6635
david@drsmedia.com
pr
For Boku, Inc. in Europe
Ben Camm-Jones, +44 (0)7515 877 621
ben@clarity.pr