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BGO Bango Plc

126.00
2.00 (1.61%)
Last Updated: 09:19:40
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bango Plc LSE:BGO London Ordinary Share GB00B0BRN552 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 1.61% 126.00 123.00 129.00 126.00 125.50 125.50 26,405 09:19:40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Radiotelephone Communication 28.49M -2.14M -0.0279 -45.16 96.74M

Partnership with Infomedia opens-up Bango Platform to More Digital Merchants

07/11/2017 7:00am

Business Wire


Bango (LSE:BGO)
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Bango (AIM: BGO), the mobile payments company, announces a strategic partnership and commercial deal with Infomedia, to increase the number of digital merchants that benefit from the Bango Platform for mobile payments. The agreement strengthens Bango’s position as the payments platform of choice for Direct Carrier Billing (DCB), the preferred payment method for merchants.

Infomedia provides a managed services platform that delivers DCB for a wide range of branded, third-party content. This is becoming widely adopted as operators look to grow the portfolio of content offered to their customers. Through this partnership, the Infomedia service will be integrated with the Bango Platform, enabling Infomedia customers and partners to rapidly scale by launching DCB across multiple operators already integrated to Bango.

Operators integrated to the Bango Platform for app store billing gain a catalog of new merchant services through the partnership. Infomedia’s trusted DCB platform actively manages customer experience and payment consent to deliver market-leading levels of transparency. Operators can now give their customers a full range of content from individual merchants to the world’s biggest app stores, with Bango providing the common payment platform. Both customer channels – app store and merchant services – will benefit from optimized revenue performance and customer experience through unique Bango Boost technology.

Bango CMO, Anil Malhotra said: “Infomedia’s exceptional quality and proven relationships make them the right partner for Bango to expand the availability of the Bango Platform to more branded merchants. They have a great track record in DCB with operators in Europe, the Middle East, and Asia. We look forward to adding business from Infomedia merchants including WWE, Mcafee, Intel, and Hopster to the Bango Platform.”

Michael Tomlins, Infomedia CEO commented: “The Bango Platform’s market-leading position with the major app stores, combined with Infomedia’s deep and trusted merchant relationships provide global access to all key growth segments for DCB. Together we will be the driving force in what has been a fragmented industry, delivering a clear advantage for all parties through consolidation.”

The names of companies and products mentioned herein are trademarks of their respective owners.

About Bango

Bango is the standard platform chosen by leading global stores to deliver mobile payments to everyone. As the next billion consumers adopt their first smartphone and look for universal payment methods, Bango will be there to unlock the world of apps, video, music, games and other content that brings those smartphones to life. Global stores plugging into the Bango Platform include Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG), Samsung (005930: Korea SE) and Microsoft (NASDAQ: MSFT). Bango also partners with leading payment providers around the world to drive new users and revenues through its industry-leading mobile payment solutions. For more information, visit www.bango.com.

BangoAnil Malhotra, CMO+44 7710 480 377anil@bango.com

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