GERMANY | mopay has entered into a carrier billing partnership with Deutsche Telekom. mopay’s core platform enables merchants of virtual, digital and physical goods to bill charges directly to consumers’ cell phone and land line accounts. While mopay enables digital merchants to integrate the mopay platform into their checkout process, Deutsche Telekom provides the backend billing capabilities.
Connect to Payment Hub
The agreement will allow mopay to connect directly to Telekom’s international payment hub, Service Delivery Platform (SDP). Through this direct access, 14 markets and 142 million mobile customers will enjoy the frictionless mopay payment experience powered and connected by one of Europe’s largest carrier groups.
frictionless payments of digital goods
The complementary capabilities of mopay and Deutsche Telekom provide the best possible user experience for their respective customers. In combining the services of the two partners, the European Deutsche Telekom user base can enjoy frictionless payments of digital goods and services through mopay’s award-winning front end.
high conversion rates worldwide
Carrier billing overall is successful and now represents a 15% to 20% share of revenue for digital goods, such as in-game items, music and software downloads. Freedom from registration and global availability have fostered user acceptance and adoption, resulting in high conversion rates worldwide. Juniper Research predicts that the global revenue from mobile content purchased via carrier billing will increase three-fold to more than $13 billion in 2017.
To the benefit of digital goods merchants
“The joint solution from mopay and Deutsche Telekom represents a mutual commitment to further stimulate market growth and work hand-in-hand to extend the benefits of mobile payments to more consumers and digital goods merchants,” said Ingo Lippert, CEO of mopay. “Granting mopay direct access to the Deutsche Telekom global billing infrastrucure reflects mopay’s trusted status, and it is the latest in a series of high-caliber agreements with leading global carrier groups such as Telefonica, Telenor, and Singtel.”
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, 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 Deutsche Telekom
Deutsche Telekom is one of the world’s leading integrated telecommunications companies with over 142 million mobile customers, 31 million fixed-network lines and more than 17 million broadband lines (as of December 31, 2013). The Group provides fixed network, mobile communications, Internet and IPTV products and services for consumers and ICT solutions for business customers and corporate customers. Deutsche Telekom is present in around 50 countries and has approximately 229,000 employees worldwide. The Group generated revenues of EUR 60,1 billion in the 2013 financial year – more than half of it outside Germany.
Sourced from mopay, March 17th, 2014