fortumo
fortumo had also signed a similar deal with sony liv earlier in december 2015 .
with fortumo, we can provide customers an improved online payments experience .
fortumo offers mobile payments without commission fee for the first 5000. - usd processed .
how many sites from each region we first detected using fortumo at specific date periods .
founded in 2007, fortumo is a leading global provider of direct carrier billing. fortumo payments cover 100 markets and connect merchants to subscribers of more than 350 mobile operator networks .
our management team brings a combined 40 + years of experience in telecommunications industry to fortumo .
fortumo provides bundling, carrier billing and messaging in 100 markets simultaneously through just one integration .
fortumo has been profitable since 2009 because we have been constantly one step ahead of the market .
fortumo is a digital enabling platform for app stores and digital service providers for user acquisi ...
this tutorial will teach you how to create fortumo sms service. 1 .) sign in to your fortumo account. 2 .) click on
dashboard
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the cooperation with fortumo in service deployment and system integration for google play has been very smooth .
through partnership with fortumo, there are more opportunities for developers to monetize users in emerging markets .
in february' 13 estonian company fortumo announced a new growth round led by intel capital and greycroft partners .
get a list of 288 websites using fortumo which includes location information, hosting data, contact details, 58 currently live websites and 230 sites that used this technology previously and 33 websites in the united states currently using fortumo .
now! & fortumo team up for payments via mobile operator bill - now! innovations solutions b. v .
script address is addres you have to enter in your fortumo service, so fortumo will know where to look for reply message that wil be sent to your users. here is where you should enter your script add ...
google play has been enabled by fortumo’s carrier billing platform that supports both app stores and digital merchants in other segments like music and video streaming, social networking and gaming. fortumo will also provide webe with access to fortumo insight, a smart data analytics platform that helps carriers track and analyse app store performance to make improvements for growing carrier billing revenue .
previous award winners include the following companies: grabcad, zeroturnaround oü, fortumo, planet os inc. , transferwise .
fortumo has previously announced partnerships with nook, telenor and slideme as well as with a number of chinese appstores for providing an in - app purchasing solution for developers in these stores. fortumo solution enables developers to collect payments from many stores through just one sdk integration. fortumo also works with device manufacturers like zte to preload developer apps into smartphones and tablets .
about fortumo 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 81 countries through 300 mobile operators, including a number of exclusive carrier billing partnerships. founded in 2007, fortumo has offices in estonia, san francisco, beijing and delhi and is backed by intel capital and greycroft partners. for more information, visit urltoken .
in addition to google play, fortumo’s customers include spotify, sony, hooq, gaana, electronic arts, gameloft, kinguin and rovio. to enable payments for these merchants, fortumo works together with mobile operators in more than 90 countries .
following the partnership, android developers can earn revenue with fortumo’s one - click direct payment solution from 35 million turkcell customers .
fortumo has also been instrumental in the rovio – idea deal and is the billing partner for the angry birds’ company globally .
fortumo’s platform is used by thousands of leading digital merchants including google, spotify and electronic arts. founded in 2007, fortumo has offices in san francisco, beijing, delhi, singapore, estonia and hanoi. for more information, please visit urltoken .
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 is the only carrier billing company to operate on a self - service concept, allowing any merchant to sign up via the fortumo web site and to start accepting mobile payments. fortumo’s payments system is optimized for all key platforms, including web, mobile web, html5, and in - app purchases on both smartphones and tablet devices. fortumo has been profitable since 2009 and has added over 72, 000 registered merchants, including several of the world’s largest gaming companies and content publishers, over the past 5 years .
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 .
, less than a month after fortumo inked partnerships with four indian telecom operators – idea cellular, vodafone, airtel and tata docomo .
in the middle eastern and african region, carrier billing through fortumo is now available to more than 600 million people in 24 countries. globally, over 3. 5 billion people in 97 countries can make payments using their mobile phone with merchants who have integrated fortumo .
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 .
working with fortumo gives developers an easy - to - use interface for direct mobile payments, connecting to millions of customers globally .
in recent news from the region, fortumo has announced partnerships with the live streaming platform fission and daily deals service mydala for carrier billing .
fortumo has brought google play payments to vietnam, launching payments for the mobile operators vietnamobile and mobifone along with its existing partnership with viettel .
fortumo, founded in 2007, is the most developer - friendly mobile payments provider, enabling app and game developers to easily monetize their users through carrier billing. fortumo has payment connectivity to over 300 mobile operators in 80 countries, including a number of exclusive direct carrier billing partnerships. with unique features like self - service signup and seamless ui, fortumo’s mobile billing technology is used by some of the most awesome online and mobile publishers. fortumo is headquartered in estonia and has offices in san francisco and beijing. for more information and signing up, visit: urltoken
fortumo' s platform enables carriers to launch payments across a wide variety of streaming services, app stores, games and social networks, taking away merchant onboarding and integration hassles from the carrier. orange is one of the leading telecom groups in europe, the middle - east and africa, and fortumo is glad to enable digital payments for millions of orange users ,
said gerri kodres, chief business officer at fortumo .
mobile payments service provider fortumo has partnered with turkish mobile operator turkcell to start providing an in - app purchasing solution for its appmarket app store .
“fortumo is a fast - growing, profitable company with a global footprint and strong management team, ” says klaus konrad, investment director of intel capital. “we’re excited about being part of fortumo’s strategy of bringing seamless mobile payments to more users, merchants, and mobile operators worldwide. ”
fortumo’s bundling platform helps digital content merchants be smart about user acquisition and customer lifecycle management by making mobile operator bundle partnerships highly flexible and scalable .
fortumo is a specialist in mobile carrier billing, which lets users to pay for apps and goods in apps without coughing up credit card numbers .
the latest deal comes not long after fortumo inked a deal with two of the largest telecom groups in the world, namely vodafone and china mobile .
fortumo, a fast - growing company with offices in estonia, san francisco and beijing, had also in february raised cash from intel and graycroft .
“the opportunity in the mobile payments segment is enormous, and we believe that fortumo is well positioned to capitalize on the trend of operator based billing. the fortumo team is a great example for the strong talent in the central and eastern european region able to build innovative and globally successful solutions. ”
“we have been impressed with fortumo’s strong product focus and ability to execute, ” said dana settle, a partner with greycroft, in a statement. “what sets fortumo apart from their competition is their focus on geographies where mobile payments will have the biggest impact and growth over the next few years. ”
in recent news, fortumo has partnered with games2win, an indian mobile gaming company, to provide in - app purchasing in mobile games using carrier billing .
fortumo and the mobile operator group orange have announced a direct carrier billing partnership that covers 29 markets in which orange operates, according to a press release .
carriers and fortumo make the best effort to notify you after a successful payment but sometimes things just go wrong. for example, there can be a hiccup between fortumo’s server and yours. in case of a charging error, you should simply try to give the service out again instead of offering a refund .
carrier billing specialist fortumo is claiming a first for the mobile industry, thanks to a trial which involves paying for physical goods via a user’s phone bill .
february 21, 2013 – fortumo, a mobile payments company with offices in estonia, san francisco and beijing, announced today that intel capital and greycroft partners will be new investors in a growth round of financing. prior to the funding, fortumo has been majority - owned by mobi solutions, an estonian mobile solutions company, which will remain a shareholder. the funding will be used to further strengthen fortumo’s position as the go - to provider for mobile payments in emerging markets .
through the partnership with fortumo, developers can start accepting purchases from users through direct carrier billing - the most widely available payment method in emerging markets .
online video streaming application hooq hs partnered with fortumo for direct carrier billing in india. customers can now subscribe to hooq by charging payments to their mobile phone bill .
fortumo is also announcing new direct contracts with two of the largest telecommunications groups in the world: vodafone group for direct operator billing in 13 countries and with china mobile. fortumo has also recently added gameloft, vostu and cut the rope game - maker zeptolab to its growing list of blue chip merchants, which already includes rovio (publisher of the angry birds line of games) badoo, and others. recently, fortumo has partnered with microsoft to promote it’s in - app payments solution for windows 8 .
fortumo is an international mobile payment provider. the company offers various mobile payment solutions for web services and mobile applications. fortumo services allow customers to make mobile payments in more than 70 countries on six continents. fortumo enables payments from customers who do not own a credit card - there are only 1. 3 billion credit card users in the world, compared to 5 billion mobile phone owners. in addition, no sign - ups and faster payments result in up to 10x better conversion than credit cards .
today’s post draws attention to a simple yet useful feature of fortumo’s cross - platform mobile payments product that makes life easier for merchants: tracking unique customers and their transactions .
one of the key differentiators for fortumo is their self - service concept. basically allowing any merchant to sign - up and start accepting mobile payments all through their website .
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’s global coverage requires global presence from our team. we have offices in north america, europe, china, india and singapore. our management team brings a combined 40 + years of experience in the telecommunications industry to fortumo. our technical platform is maintained by people with experience from building software at skype, microsoft, google and leading european mobile operators .
fortumo lets you do this type of tracking by providing the cuid (consumer unique identifier) and operation _ reference (transaction identifier) parameters that can be included in each transaction .
in addition, fortumo is announcing new contracts with two of the largest telecom groups in the world, namely vodafone (for direct operator billing in 13 countries) and china mobile .
fortumo’s system works via direct carrier billing, which means consumers pay for digital goods via their mobile billing plans with their operators rather than cash, credit cards, or debit cards .
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 .
a number of developers, including gameloft, glu mobile, ea mobile, rovio and creative mobile, are already using fortumo in - app purchasing in their android and windows phone apps .
european telecommunication operators telefonica and telenor have signed an agreement with mobile payments firm fortumo, further solidifying the fast - growing company’s position as one of the leaders in providing such a service .
this tutorial will teach you how to register fortumo account. 1 .) go to urltoken and click on register or sign up, as shown on picture below. or you can use
“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 .
the mobility services company now! innovations and the carrier billing provider fortumo are today announcing a partnership for charging payments for parking, ev charging, and other mobility services to mobile operator bill .
“the opportunity in the mobile payments segment is enormous, and we believe that fortumo is well positioned to capitalize on the trend of operator based billing, says marcin hejka, managing director of intel capital eastern europe, middle east and africa. “the fortumo team is a great example for the strong talent in the central and eastern european region able to build innovative and globally successful solutions. ”
in addition to product innovation, fortumo has a razor - sharp focus on emerging markets where mobile payments make the biggest difference. fortumo has the longest experience in the industry with providing carrier billing in central and eastern europe and latin america. we also unlock new markets for merchants before any other carrier billing provider gets there: china, india and kenya, just to name a few .
estonian fortumo and finnish kuneri have won a free pass to nordic mobile media conference in tallinn, estonia on december 3 - 4th. both companies will also get an exhibition stand in the event .
“we have been impressed with fortumo’s strong product focus and ability to execute, ” says dana settle, a partner with greycroft. “what sets fortumo apart from their competition is their focus on geographies where mobile payments will have the biggest impact and growth over the next few years. ” worldwide gross transaction volume for mobile payments for digital goods is expected to more than double by 2015 to $ 268 billion .
through the deal with fortumo, our subscribers will enjoy the ease of paying for many global games and apps through their phones. this will also benefit further the game developer' s community .
webe, a digital mobility services provider and a subsidiary of telekom malaysia (tm), has partnered with mobile payments company fortumo to launch a direct carrier billing solutions on the google play app store .
from fortumo’s side, we published our western europe market report in june and also shed some more light on how bundling is coming an increasingly popular way for digital companies to grow. check it out .
fortumo (coverage) enables quick and free creation and monetization of web - based mobile services maintenance, while kuneri (coverage) provides a variety of flash lite tools and services, latest release being pikkoo .
fortumo is connected to more than 350 mobile operator networks in 100 countries. our platform processes millions of payments each day, which means we have extensive data about user profiles and payment preferences around the world .
fortumo has also recently added electronic arts, gameloft, vostu and cut the rope game - maker zeptolab to its list of blue chip merchants, which already includes angry birds maker rovio, badoo and others .
fortumo is a digital enabling platform for app stores and digital service providers for user, acquisition, monetization and retention. the company connects service providers with more than 350 mobile operators across asia, europe, latin america, the middle east and africa. service providers use fortumo’s platform to manage the end - to - end customer lifecycle of mobile users on these networks through the company’s bundling, carrier billing and messaging solutions .
using carrier billing to pay for physical rather than digital items such as games, movie or bus tickets is unusual, but fortumo has launched a trial with angry birds creator rovio and singtel, the singapore operator .
sony liv has partnered with fortumo to offer operator billing on the platform. this will enable users to pay for movies on sony liv through their prepaid or postpaid mobile accounts with airtel, vodafone, idea or aircel .
we have been watching fortumo grow from a tiny startup to become a global player present in 73 countries. last month they announced an investment in the amount close to $ 10 million from intel capital and greycroft partners .
the pilot involves the now familiar angry birds’ toys on sale via an e - commerce site (rather than physical store), which fortumo says is the first time real goods have been charged to users’ phone bills .
the mobile payments company fortumo has announced that it has expanded its carrier billing services to 3 new african markets. more than 79 million mobile phone owners in algeria, ghana and tanzania can now make payments for digital services .
if you configured sms payment plugin or system, and listed prices and message sending instructions on your site (or plugin / system did this autmatically for you), you may want to submit your fortumo sm ...
“our competitors in the mobile payments space have focused mostly on the us and on western europe, ” says rain rannu, co - founder and ceo of fortumo. “while fortumo covers these regions well, what differentiates us is our strong emphasis on emerging and growth markets where credit card penetration may be low but mobile usage is very high. working with intel capital and greycroft will help us to pursue additional growth opportunities, including strategic partnerships and acquisitions. ”
fortumo services app stores including google play, digital media providers including spotify, sony, hooq, gaana and gaming companies like ea mobile, gameloft and kinguin with carrier billing, local market insights and facilitates relationships with mobile operators .
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fortumo features payment connectivity with over 300 mobile operators in 80 countries, including a number of exclusive carrier billing partnerships. mobile billing is available for over 4 billion mobile users worldwide without a need to register or have a credit card .
fortumo, a fast - growing company with offices in estonia, san francisco and beijing, has raised a new ‘growth round’ (size undisclosed) to solidify its position as one of the leading providers for mobile payments in emerging markets .
fortumo features payment connectivity with over 300 mobile operators in 80 countries, including a number of exclusive direct carrier billing partnerships. mobile billing is available for over 4 billion mobile users worldwide without a need to register or have a credit card .
tallinn, estonia, march 26th, 2014 – the mobility services company now! innovations and the carrier billing provider fortumo are today announcing a partnership for charging payments for parking, ev charging, and other mobility services to mobile operator bill .
carrier billing with fortumo enables merchants to earn revenue from any platform and any type of content. whether you are processing payments on the web, mobile web, inside applications, smart tv - s or feature phones, we have you covered .
in total, you should expect your first carrier billing launch to take approximately 3 - 5 months. if that seems slow, the good news is merchants working with fortumo do not have to deal with the majority of the activities listed. we are connected to most of the worlds telcos and the team working on operational matters is already in place. this means most merchants are able to launch carrier billing through fortumo in less than 2 weeks, with global coverage and through a single integration .
fortumo’s system works via direct carrier billing. customers pay for digital goods via their mobile billing plans with their mobile operators rather than cash, credit cards, or debt cards. carrier billing is a strong alternative to credit cards for purchasing virtual and digital goods. fortumo features payment connectivity with over 300 mobile operators in 80 countries, including a number of exclusive direct carrier billing partnerships. mobile billing is available for over four billion mobile users worldwide without a need to register or have a credit card .
mobile payments company fortumo said it has expanded its carrier billing services to algeria, ghana and tanzania to enable over 79 million mobile phone owners to make payments for digital services. the firm says all three markets where fortumo has launched have extremely low credit card penetration: algeria at 6 percent, ghana at 0. 9 percent and tanzania at 0. 7 percent. this means that while people can access online content, most of them are unable to make payments for paid features of these services .
in a blog, fortumo ceo rain rannu (pictured) wrote that conversion rates in the trial are encouraging compared to conventional mobile checkout. in the first week, shopping cart abandonment was five times lower than previously with credit card - based checkout .
( estonia chapter): fortumo allows even layman mobile users to establish and earn revenue with their own text messaging services. there are several pre - defined services to choose from. for example, you can establish an sms - info service, like
“we were evaluating a lot of billing partners and fortumo fit the bill. the whole idea was to have a common sdk for dealing with operators. we can take the same sdk to other operators, so that the game does not change drastically. ”
the injection of cash, fortumo says, will be used to build out its business further, with an emphasis on strategic partnerships and acquisitions in emerging markets in regions like latin america, asia, central eastern europe and mena, according to a spokesperson .
carrier billing solves this problem by allowing any mobile owner to make payments conveniently through their carrier and either deduct payments from their airtime balance or charge them to their monthly phone bill. additional information on africa’s digital ecosystem can be found from fortumo’s recent market report .
hard bundles work great for postpaid subscribers where the mobile operator has the capability to charge users on a monthly basis, while soft bundles enable service providers to also tap into the dominant prepaid audience of emerging markets. fortumo’s bundling platform supports both of these approaches .
this white paper gives an overview to merchants using carrier billing on how fortumo prevents fraud with carrier billing and what additional steps merchants can take to avoid it. in general, fraud with carrier billing is significantly lower than with credit cards for two primary reasons :
this market report gives an overview of the mobile payments landscape of western europe. it covers 12 countries where fortumo has coverage: germany, france, united kingdom, italy, spain, netherlands, belgium, greece, portugal, austria, switzerland and ireland .
in any case, carrier billing supports both models, whether you want to delegate taxation to partners like fortumo or handle them on your own. if you are interested in expanding your payments reach through the most widely available alternative payment method globally, get in touch .
there is a key difference, however, between fortumo and bango — which reported a loss of $ 3. 8 million in the nine months that ended december 31, 2012. fortumo is, a spokesperson says, “basically the only mobile payment provider who has been profitable and is profitable. ” the company says that has been the case since 2009 — although as it now sets its sights on ramping up its services, it will be interesting to see whether it can remain in the black or whether it will push itself out of profitability in a gamble for more growth .
fortumo' s system works via carrier billing, wherein customers pay for digital goods via their mobile billing plans with their mobile operators. it is often regarded as the most convenient and most accessible way of paying for things, as it does not require the users to have a credit card .
boxtv is charging rs 20 for a 1 day pack, rs 49 (for a 3 day pack), rs 99 (7 day pack) and rs 150 (15 day pack). unless they’ve got a differently negotiated deal with fortumo, below is how much boxtv makes from these options .
in singapore last week, moderating a panel discussion on the future of telco and digital merchant partnerships with hooq, pt. hutchison 3 indonesia and huawei technologies. if you want to drive that future at fortumo, we' re also looking for a carrier relations manager to join our team: urltoken .
fortumo sports challenge 2018 is over. 30 of our people tried their hand (and feet) at roller skiing, rock climbing, billiards, track & field, beach tennis, step dance and sup polo. here we are celebrating after the final pub rally event last friday. until next year !
all three markets where fortumo has launched have extremely low credit card penetration: algeria at 6% , ghana at 0. 9% and tanzania at 0. 7% . this means while people can access online content, most of them are unable to make payments for paid features of these services .
fortumo says it integrates with 300 carriers across more than 80 countries, along with over 81, 000 developers. those include long - standing agreements to provide carrier billing services to angry birds maker rovio, pop cap games and badoo, and it also powers the in - app payments for windows 8 apps .
in addition to the two new carrier partners, fortumo says it integrates with 300 carriers across more than 80 countries, along with over 81, 000 developers. those include long - standing agreements to provide carrier billing services to angry birds maker rovio, pop cap games and badoo, and it also powers the in - app payments for windows 8 apps. it’s an area that is still relatively nascent compared to other payments like cards in developing markets, but it is growing. all together, worldwide gross transaction volumes for mobile payments for digital goods is expected to more than double by 2015 to $ 268 billion, fortumo notes .
there are several of these partnerships, including arpuplus / t - pay, bango, boku, centilli / infobip, danal, dimoco, docomo digital, fortumo, mobile embrace, sla mobile and others. in the 12 - to - 18 months prior to 2016, some examples of direct carrier billing for physical goods included :
üllar jaaksoo, ceo of now! innovations added: “mobile invoicing is not only convenient method for payments but may also be essential in countries, where banking and particularly credit cards do not have high penetration rates. fortumo has a great vibe and energy, and we believe the partnership will bring many interesting and game - changing projects” .
up until now the company was self - funded with mobi solutions being the main shareholder. this isn’t a surprise, considering that fortumo turnover in 2011 was €8. 5 million of which a €863 thousand was pure profit. this marked a 102% growth from 2010 and we suspect the numbers to be a lot better for 2012 .
üllar jaaksoo, ceo of now! innovations added: “mobile invoicing is not only a convenient method for payments but may also be essential in countries where banking and particularly credit cards do not have high penetration rates. fortumo has a great vibe and energy, and we believe the partnership will bring many interesting and game - changing projects. ”
the winner will receive €10, 000 euro; a special newcomer award of €5, 000 euro will also be granted. both awards are provided by baff. past recipients have included companies like grabcad, zeroturnaround and fortumo. this year, facebook will award a special “creativity recognition award” specifically for innovation in the area of social media apps .
prior to this raise, fortumo was majority - owned by mobi solutions, a specialist in sms - based services (carrier billing services usually use sms for the backchannel confirmation for payments, so makes sense for them to have developed something like this). in addition to greycroft and intel, mobi solutions will remain a now - smaller shareholder .
kotkas had some specific ideas for developing a new complex verification system, which he pitched to a few investors. in no time, he managed to persuade two major names in the local startup scene, intel ventures' backed fortumo' s co - founder rain rannu, and the same company' s board member linnar viik, to back it .
the reason why companies like fortumo exist is that doing launching telcos on your own is not scalable. one integration with credit card processing companies gives access to all bank card owners, but integrating one telco gives access only to the subscriber of that telco. most countries have 3 - 4 telcos which means 3 - 4 integrations to achieve full market coverage .
refunds are an inevitable part of processing payments. you should try to keep them to a minimum by establishing a reasonable refund policy and trying to offer alternative benefits to users before proceeding with refunds. using fortumo’s turn - key products also helps reduce the amount of refunds as the checkout process has been optimized to make sure the user clearly understands what they are buying .
the jury comes from both sides of the atlantic, and will include entrepreneurs and innovators from cloudant, facebook and fortumo. the winner will be announced in january 2015 at a special ceremony with introductory remarks from u. s. ambassador jeffrey levine and keynote speaker dr. patrick h winston, a godfather of artificial intelligence and professor at the massachusetts institute of technology .
you can do this by implementing a feature to your platform through which you are able to manually deliver goods and services to your users, separate from the automated carrier billing processing solution. this is the quickest way to keep your paying users happy as you do not have to rely on fortumo or the mobile operator investigating the transaction or confirming the purchase from our back - end again .
“the ability to ensure that all our members are able to fully connect with online experience is important to us. working with fortumo, their experience will help us ensure that every member of our many communities – especially huge communities like online gaming – are able to seamlessly purchase and enjoy their games, in app upgrades and any other content they desire, ” said nazeem nasir, chief marketing officer at webe .
now! innovations will start offering payments for mobile parking, ev charging, and other services, through fortumo' s carrier billing solution, available in the number of european and asian countries and in the us. as a result of the partnership, interested municipalities, parking and ev charging network operators as well as now! customers will be able to easily add mobile operator billing as an additional option for accepting payments from users .
now! innovations will start offering payments for mobile parking, ev charging, and other services, through fortumo' s direct carrier billing solution, available in the number of european and asian countries and in the us. as a result of the partnership, interested municipalities, parking and ev charging network operators as well as now! customers will be able to easily add mobile operator billing as an additional option for accepting payments from users .
“africa’s digital ecosystem is quickly growing and we are seeing strong interest from international merchants who want to expand their activities there. while each day a large amount of new smartphone owners are coming online, collecting payments from these users has so far been a challenge. our expansion in africa gives locals better access to digital mobile services such as games, music, and video while helping merchants generate additional revenue from the region, ” said gerri kodres, chief business officer at fortumo .
“mobile operator billing has proven itself as the most convenient way to pay for parking. for example, in estonia - - where such solution has been in use for more than 10 years 90% of parking payments are charged to mobile operator bill, ” says rain rannu, co - founder and ceo of fortumo. “we' re excited to work together with now! innovations to make mobile operator billing available in new territories, as well as for electric vehicle charging. ”
“mobile operator billing has proven itself as the most convenient way to pay for parking. for example, in estonia - where such solutions have been in use for more than 10 years - 90% of parking payments are charged to the mobile operator bill, ” says rain rannu, co - founder and ceo of fortumo. “we' re excited to work together with now! innovations to make mobile operator billing available in new territories, as well as for electric vehicle charging. ”
carrier billing still is a good way for video streaming applications to get users to pay for their subscriptions. in an interview with medianama, fortumo chief business officer gerri kodres said that india grew to have the highest transactions for the company. although, the transaction size in india is smaller than average: between $ 0. 2 and $ 0. 3 (around rs 12. 5 to rs 19). kodres added that that the trend in the value of transactions is slowly increasing, because more smartphones are in the market .
due to the high cost of refund fees, you should initially offer the consumer an alternative benefit instead of a refund. for example, if you have a music subscription service, you can give the user 30 days of free access. if you are developing an online game, offer the user virtual items inside the game. in case of carrier billing, you can use fortumo’s voucher distribution platform and create a batch of free service vouchers for potential refund cases. you can also consider benefits not related to your service, for example an itunes gift card .
maybe fortumo doesn’t offer recurring billing, or billing higher than rs 150, which boxtv would need to charge for parity in its monthly billing. our take is that these are largely promotional offerings, to try and get users to pay for content in the short term, and use this pricing as a gateway to monthly subscriptions. the revenue share on offer clearly isn’t substantive enough to interest boxtv to expand it to monthly recurring payments, for which they would rather use credit card based recurring subscriptions, for which transaction fees are likely to be 5% or less .
fortumo — a specialist in mobile carrier billing, which lets users to pay for apps and goods in apps without coughing up credit card numbers — is today raising its game a bit against competitors like bango (partner to facebook, amazon and more), boku and paypal’s zong — the estonian - hatched startup has announced a new growth round — which techcrunch understands to be in the region of $ 10 million — led by intel capital and greycroft partners. at the same time, to push its business in emerging markets, it also announced two new carrier deals, with china mobile and vodafone .
the terms of the new investment were not disclosed publicly, but we understand from a source close to the matter that it is similar in size to the $ 10. 2 million raised by bango a couple of weeks ago. meanwhile, the two carrier deals mean that fortumo is now working with two of the largest mobile operators in the developing world, with china mobile leading the market in its home country, and the vodafone agreement covering 13 countries: uk, germany, italy, spain, portugal, netherlands, ireland, hungary, romania, czech republic, greece, egypt and south africa. in other words, a mixture of both developed and developing markets .
note that multi screen media’s video on demand service sony liv launched paid subscriptions just last week, starting with the hindi movies category. the service launched with 400 - 500 movies, and would be available over the web and android & ios apps .
web exclusive content: in october, sony liv launched its second web exclusive show called shutter, after having launched its first web exclusive show called # lovebytes the previous month. earlier this month, the company also said it would broadcast pro wrestling league on 3 of its tv channels, as well as stream it on sony liv .
– in december last year, microsoft enabled carrier billing on windows store in india with idea cellular, allowing idea subscribers buy windows phone apps through this payment option .
– in october last year, carrier billing service boku acquired competitor mopay for an undisclosed amount .
– in march last year, gameloft started offering its old and existing games, as part of the subscription and as an inaugural offer, with idea via carrier billing .
policybazaar’s parent etechaces gets infusion of rs 190. 5cr from info edge & macritchie
bhim saw 16. 3m transactions in june 2018 accounting for only 6. 6% of upi payment
medianama is the premier source of information and analysis on digital and telecom businesses in india. more about medianama, here .
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turkcell launched its appmarket app store in late 2008 to give content support for java and android mobile handsets and tablets. appmarket encourages both turkish and global developers to develop mobile applications. turkcell appmarket is managed by turkish mobile entertainment company basari mobile .
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the subscription charge is either deducted from the prepaid balance or added to the user’s monthly postpaid invoice .
the company says that the payment method is available to 584 million subscribers of airtel, vodafone and idea in india on both prepaid and postpaid plans .
hooq is a start - up joint venture established in january 2015 by singtel, sony pictures television and warner bros. the video streaming service also says that it has 15, 000 hollywood and regional titles. hooq also signed a multi - year deal with sun tv and would carry sun tv’s library that includes a mix of films in tamil, telugu, malayalam and kannada. hooq also added over 1, 000 shemaroo video titles on its platform in august 2015 .
netflix had said that it is looking at local payment methods such as prepaid cards and gift cards. currently, subscriptions for netflix can be paid only via an international debit card or credit card. paying for content has been a problem in india as it is unclear whether companies like netflix, movies and music on google play, itunes may be violating the reserve bank of india’s guidelines for card - not - present transactions in india (there’s a counter argument that the company may not be in violation … yet) .
– in december 2014, microsoft enabled carrier billing on windows store in india with idea cellular, allowing idea subscribers buy windows phone apps through this payment option .
– in october 2014, carrier billing service boku acquired competitor mopay for an undisclosed amount .
– in march 2014, gameloft started offering its old and existing games, as part of the subscription and as an inaugural offer, with idea via carrier billing .
upi transactions jump 30% to 246. 4m in june 2018; rs 40, 834 cr transacted
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since 1998 tartu city government has organised a competition to recognise the most successful entrepreneurs in tartu. the competition is for entrepreneurs that are located and mainly operating in the city of tartu. additionally, the competitor must not have any tax liabilities .
the best partner of the tartu vocational education centre: a. le coq ltd
while boxtv has been pitched as a premium service, targeting users with credit cards with its online content, the inclusion of telecom operator billing essentially offers a wider reach for boxtv .
so, at best, boxtv will make 45% revenue share on these deals, excluding vat .
what’s is particularly noticeable here is the distinction between the payment options for the short term and longer term packs. the billing options mentioned above are only for short term packs of less than a month, and only for mobile operators. what’s more, these packs are not renewed automatically. for a month and above: boxtv charges rs 199 for a month, rs 499 for 3 months, rs 799 for six months and rs 1499 per year, and offers only credit card as an option .
so why is boxtv doing this? boxtv says that their data suggests that “a lot of online content consumption happens on weekends and boxtv’s weekend pack makes it easy for people to watch premium content without paying for an entire month”, which is why the short term plans .
next step: boxtv might want to approach dth players for doing what ditto tv has done (albeit with a group company dishtv), and offer boxtv subscriptions as a prize on timespoints .
boxtv competes with the likes of bigflix, spuul, hungama, and, of course, youtube .
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the news of rovio partnering with idea to introduce carrier billing made headlines in the gaming industry and could trigger the long awaited monetisation vehicle, which has been stuck in limbo with google, apple and telecom operators for years now .
speaking exclusively to animationxpress. com, rovio entertainment, country director (india and south asia), anurag sachedeva explained about the deal and how this could benefit the industry on the whole .
“we are something like the audience we appeal to and wanted to find a perfect partner for our carrier billing feature. it was purely a function of what kind of customer are we looking for and who is more interested in gaming as a platform. idea is one of the fastest data operators right now, so it was a good fit for us, although idea doesn’t have exclusivity for carrier billing for us. so, for the start it is idea for some time and we will be expanding to other operators soon. ”
fortumo is an international mobile payment provider . the company offers various mobile payment solutions for web services and mobile applications . fortumo services allow customers to make mobile payments in 95 countries on six continents , with a strong focus on emerging markets . fortumo started in 2007 as a spin-off of the mobile services company mobi solutions , and currently employs over 80 people in its offices in estonia ( tartu & tallinn ) , usa ( san francisco ) , china ( beijing ) , india ( delhi ) , singapore and vietnam ( hanoi ) . as of june 2016 , over 150 thousand developers have signed up to fortumo 's services . 
fortumo is an international mobile payment provider. the company offers various mobile payment solutions for web services and mobile applications. fortumo services allow customers to make mobile payments in 95 countries on six continents, with a strong focus on emerging markets. fortumo started in 2007 as a spin-off of the mobile services company mobi solutions, and currently employs over 80 people in its offices in estonia (tartu & tallinn), usa (san francisco), china (beijing), india (delhi), singapore and vietnam (hanoi). as of june 2016, over 150 thousand developers have signed up to fortumo's services.
fortumo is an international mobile payment provider. the company offers various mobile payment solutions for web services and mobile applications. fortumo services allow customers to make mobile payments in 95 countries on six continents, with a strong focus on emerging markets. fortumo started in 2007 as a spin-off of the mobile services company mobi solutions, and currently employs over 80 people in its offices in estonia (tartu & tallinn), usa (san francisco), china (beijing), india (delhi), singapore and vietnam (hanoi). as of june 2016, over 150 thousand developers have signed up to fortumo's services.