16 August 2017
visit www.avoka.com

Mobifone and Fortumo team up to launch carrier billing on Google Play

13 April 2017  |  5188 views  |  0 Source: Fortumo

The Vietnamese mobile operator Mobifone and the mobile payments company Fortumo are today announcing the launch of carrier billing on Google Play.

Over 25 million Mobifone subscribers can now purchase apps and in-app content from the app store by charging payments to their phone bill.

Carrier billing significantly increases the amount of people in Vietnam who can make online payments. This is because only 2% of the population has credit cards while carrier billing is available to any phone owner. Today, more than 40% of Vietnamese already own a smartphone with the growth accelerating. Additional information on the Vietnamese mobile ecosystem can be found from Fortumo’s Asia market report.

“Vietnam is one of the leading countries by economic growth in Asia today, which means a huge number of people coming online and consuming content on their smartphones. We are excited to partner with Mobifone in helping them partake in this growth and delivering to them the Google Play billing solution in such a short timeframe,” said Gerri Kodres, Chief Business Officer at Fortumo. Mobifone is the third Vietnamese mobile operator to launch Google Play in Vietnam by using Fortumo as its integration partner, as the company already works together with Viettel and Vietnamobile.

Thanks to partnering with Fortumo, Mobifone will also get access to Fortumo Insight, the company’s sophisticated data analytics platform which helps carriers see the main business KPIs and analyze their revenue from app stores. Fortumo Insight also enables carriers to track subscriber payment behavior and make improvements based on actual results.

In addition to Google Play, Fortumo works with digital media providers including Spotify, Sony, HOOQ, Gaana and gaming companies like EA Mobile, Gameloft, Kinguin and Rovio. Merchants using Fortumo’s platform can collect payments from subscribers of more than 350 mobile operators through one integration.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.niceactimize.comdownload the paper now

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10117 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9458 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9245 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8315 views comments | 6 tweets | 21 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
7781 views comments | 1 tweets | 2 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job