SAN FRANCISCO--(BUSINESS WIRE)--Mobile payments provider Fortumo has signed Global Framework Agreements with leading operator groups Telefónica and Telenor to bring direct carrier billing services to 460 million additional subscribers worldwide. Using the BlueVia Payments API to charge purchases to their mobile operator bill, users in more than 30 countries will now be able to purchase digital goods over the web and on Android, Windows 8 and Windows Phone devices.
“Mobile operator billing is win win for everyone. It makes it much simpler and convenient for consumers to buy digital goods which in turn helps content owners monetize their content,” said Jose Valles, Head of BlueVia at Telefónica Digital. “Working with Fortumo will deliver to developers an easy-to-use interface for direct mobile payments, connecting to millions of customers globally.”
“A significant part of Telenor's around 150 million subscribers come from emerging markets in Asia and Central and Eastern Europe where mobile phone is often the only way to pay for digital content,” says Sven Størmer Thaulow, Head of Comoyo at Telenor Digital Services. “We're looking forward to working with Fortumo to widen the access to simple mobile payments online and within mobile apps.”
“Developers usually don’t want to do a different billing integration for each mobile operator or store. Fortumo's technology enables them to do one integration and gain billing access to the subscriber base of many mobile operators in 80 countries”, says Gerri Kodres, SVP of Business Development and Carrier Partnerships at Fortumo. “Bluevia API along with Telefónica's and Telenor's incredibly strong footprint in Latin America, Asia and Europe gives a tremendous boost to our direct billing coverage in parts of the world where mobile payments are seeing the biggest growth in the coming years.”
Fortumo's in-app purchasing SDK has become developers’ preferred choice for mobile operator billing and in-app purchasing on Android, Windows Phone and online. It is already used by a lot of top developers such as Rovio, Popcap, Gameloft, Digital Chocolate, Vostu, Game Insight, Alawar and many others.
With Fortumo's platform, mobile payments are available to all mobile phone users and payments are charged directly to their operator bill. Using mobile payments has enabled some app and online developers to increase their conversion and emerging market revenues by more than 10 times.
Mobile operator billing is especially important in emerging markets of Asia and Latin America, where credit card penetration is low. For example, Brazil, one of Telefónica's key markets, has 260 million mobile users, but only 60 million credit cards. The difference in ownership is even bigger in Bangladesh, one of the markets in which Telenor operates - from the 160 million inhabitants, roughly 1% have credit cards, while mobile phone penetration is 68%. Together with Telefonica's and Telenor's agreement, Fortumo's payment platform now reaches users in more than 80 countries.
Fortumo's mobile payments platform, including direct billing connectivity to Telefonica and Telenor is available to all developers looking to accept global mobile payments and provide their customers with a seamless and secure payment experience.
About Fortumo
Founded in 2007, Fortumo is the most developer-friendly mobile payments provider, enabling app and game developers to easily monetize users by allowing them to make micro-payments with their mobile phone and charging the amount to their phone bill. Fortumo mobile payments work over the web – on desktop, in mobile web and HTML5 apps – and for in-app purchases on Android, Windows 8 and Windows Phone devices. Fortumo has payment connectivity to over 300 mobile operators in 80 countries, including a number of exclusive direct carrier billing partnerships. Fortumo provides a fast and seamless payment experience, resulting in increased conversion and additional revenue for publishers. Fortumo is backed by Intel Capital and Greycroft Partners and has offices in Estonia, San Francisco and Beijing. For more information on Fortumo, visit http://fortumo.com.
About Telefónica Digital
Telefónica Digital is a global business division of Telefónica. Its mission is to seize the opportunities within the digital world and deliver new growth for Telefónica through research & development, venture capital, global partnerships and digital services such as cloud computing, security services, mobile advertising, M2M and eHealth. It is also driving innovation in over the top communications under a new umbrella brand called TU and in Big Data through Telefónica Dynamic Insights. Telefónica Digital will deliver these new products and services to Telefónica's 316 million customers as well as entering new markets. It is headquartered in London with regional centres in Silicon Valley, Sao Paulo, Spain and Tel Aviv. Jajah, TokBox, Terra, Media Networks Latin America, 48 and giffgaff are all managed under the Telefónica Digital umbrella.
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About Telenor Group
Telenor Group is an international provider of tele, data and media communication services. Telenor Group has mobile operations in 11 markets in the Nordic region, Central and Eastern Europe and in Asia, as well as a voting stake of 42.95 per cent (economic stake 33 per cent) in VimpelCom Ltd., operating in 18 markets. Headquartered in Norway, Telenor Group is one of the world’s major mobile operators with 148 million mobile subscriptions in its consolidated operations per Q1 2013, revenues in 2012 of NOK 102 billion, and a workforce of approximately 30,000. For more information about Telenor Group, please visit www.telenor.com.
