Huawei, a leading global information and communications technology (ICT) solutions provider, partners with the mobile payments company Fortumo. Fortumo will combine its global carrier billing capability with Huawei global carrier billing @Digital inCloud service to extend business in more countries and cover more users, especially in emerging markets. Thanks to the cooperation, Fortumo and Huawei have created one of the biggest joint global carrier billing networks.
Convenient method to charge for content
“Fortumo is proud to be selected by Huawei as their partner for payments, enabling carrier billing for Huawei inTouch partners across the world. Carrier billing stands out as one of the most convenient methods to charge for content and apps for OEMs and app stores, especially in the emerging countries which have low credit card penetration,” added Gerri Kodres, Chief Business Officer at Fortumo.
According to a report from GfK, the biggest smartphone device growth markets in 2015 are dominantly large emerging economies such as India, China, Indonesia, Nigeria, Brazil and Pakistan. These are exactly the markets that Fortumo is strong in - out of the top 10 smartphone markets for growth by value during this year, Fortumo already provides carrier billing in 9 of them.
Turning 4 billion people into buyers
Fortumo’s direct carrier billing platform allows more than 4 billion end-users to pay merchants using their phone bill in 90 countries across the world. For regions with a good data connection, payments are completed in 1 click and the user is charged over mobile internet. In countries with an insufficient mobile internet infrastructure, Fortumo also enables offline payments for users. Fortumo has announced partnerships with leading carrier groups of the world, including Telefónica, Telenor, Singtel, Turkcell, Kyivstar and leading mobile operators in India and China.
Fortumo has previously announced partnerships with leading OEMs such as Alcatel Onetouch, Oppo, Mitashi, and Gionee. In addition to OEMs and app stores, Fortumo works with top digital content providers like EA Mobile, Gameloft, Rovio, Times Internet and Gaana.
Fortumo allows any merchant to set up payment processing for web and mobile services, games or apps. Users with a mobile phone are then able to make one-click payments using Fortumo without the need for a credit card - payments are charged to their mobile operator bill instead. Fortumo payments are cross-platform and work in PC applications, web services and HTML5, Android, Windows Phone and Windows 8 apps. Fortumo supports payments in over 90 countries through 350 mobile operators, including a number of exclusive direct carrier billing partnerships. Founded in 2007, Fortumo has offices in Estonia, San Francisco, Beijing, Delhi, Mumbai, Singapore and London and is backed by Intel Capital and Greycroft Partners. For more information, please visit Fortumo's profile on About-Payments.