Boku has landed $13.75 million in further venture funding to expand carrier billing across numerous carrier connections in developed and emerging markets around the globe. Boku continues to grow in emerging economies, while simultaneously executing a strategy to penetrate and grow in developed markets. Several of Boku’s existing venture investors from Silicon Valley have followed…
San Francisco-based Boku has inked new carrier partnerships in Germany and Italy to power carrier billing on Spotify. This is an expansion of Boku’s existing global partnership with Spotify that first launched in the United Kingdom and includes every major carrier in Germany and one of the leading Italian mobile operators. With these new agreements,…
CardWeb and CardFlash has huddled its writers and editors and offers the 2016 “Nifty 50” list of payment related companies to watch next year as they make more disruptions to the payments industry. Ranking is irrelevant but all are equally relevant.
San Francisco-based Boku has expanded its agreement with Microsoft, bringing Boku direct carrier billing to the new Windows Store for the first time.
One of the key challenges presently facing the mobile payments market is the high level of market fragmentation, defined both by the multiplicity of platforms/solutions technologies being deployed and the increasing range of service configurations being offered. This slows down merchant acceptance and makes it difficult for providers to gain scale. We expect the market to reach a point where consolidation among players and solutions becomes the best way to drive address this issue.
Ueshima Coffee, part of the UCC Group has inked Boku, the global leader in mobile payments using carrier billing. This is a first of its kind partnership that allows customers to top up their Ueshima Coffee cards using their mobile phone in order to purchase coffee, food, and other products in any Ueshima coffee shop.
In today’s CardFlash News Que: AMEX (UNSTAGED); GOLDMONEY (Aurum); ACCEPTEMAIL (CEO); and HELPSHIFT (growth).
CardWeb.com’s CardData database of Company Profiles today features Boku.
The recent introduction of Samsung Pay and Android Pay as well as India and soon to be announced Brazil mobile payments is having a profound impact on mobile payments forecasts. CardData now expects global m-commerce will soar from $390 billion this year to $1071 billion in 2020.
The UK’s Optimal Payments (OPAY) has hooked up with San Francisco-based Boku technology. This will be offered through the NETELLER service: a fast, simple, secure platform for businesses and individuals to move money online. NETELLER customers can now top-up their stored value accounts by charging the purchase amount for goods and services directly to their mobile phone bill.
Global mobile commerce is set to explode more than three fold over the next five years as U.S. NFC payments, consumer tablet adoption and smart wearables take hold. Forecaster RAM Research predicts global m-commerce will soar from $320 billion this year to $995 billion in 2020.
San Francisco-based Boku has buddied with MT2 to bring direct carrier billing to Google Play for Zain subscribers in Saudi Arabia. This benefit is particularly important in Saudi Arabia, where only 17% of consumers have a credit card and only 46% have any kind of bank account.