Boku Inc Mobile wallet payments for Netflix in Japan

TIDMBOKU

Boku Inc

07 April 2022

REACH

7 April 2022

Boku Inc.

("Boku" or the "Company")

Boku launches PayPay mobile wallet payments for Netflix in Japan

Boku (AIM: BOKU), a leading global provider of mobile payment solutions, is pleased to announce that its M1ST (Mobile First) platform has launched PayPay mobile wallet payments for Netflix in Japan. With this launch, PayPay's more than 45 million users can now pay for streaming subscriptions within Netflix.

The addition of PayPay ensures that Netflix users in Japan can choose the payment method they prefer. Today, 75% of Japanese consumers are using mobile wallets and the proportion is projected to reach 98% by 2025 (Juniper Research 2021).

Boku's M1ST payments network reaches more than 7 billion consumer accounts and includes more than 340 mobile payment methods in 91 countries, enabling global merchants to extend their reach to mobile-first consumers globally.

Jon Prideaux, Chief Executive Officer, Boku, commented : "We are thrilled to see PayPay added as a payment method for one of our global merchants. Consumers globally are preferring to pay with digital currency on their phones instead of plastic cards, and we're proud to enable more convenient and secure digital payments."

Toru Nogiwa, Division Head of Partner Sales Division, Sales Group of PayPay , commented: " I'm extremely happy that PayPay is now available on Netflix. Through this partnership with Boku, we hope to further promote cashless payments in Japan and provide convenience to more users ."

Enquiries:

Boku, Inc.

Jon Prideaux, Chief Executive Officer / Keith Butcher, Chief Financial Officer [phone]

IFC Advisory Limited (Financial PR & IR)

Tim Metcalfe / Graham Herring / Florence Chandler [phone]

About Boku

Boku Inc. (AIM: BOKU) is the fintech powering the world's largest mobile payments network, M1ST (Mobile First). The M1ST Payments Network reaches over 7 billion consumer payment accounts in 91 countries across more than 340 payment methods.

Boku's technology platform helps the world's most demanding merchants attract, convert, and retain customers using mobile payments. By turning payments infrastructure into a source of sustainable competitive advantage, Boku safely activates a range of new merchant business models - from bundling to subscriptions.

Boku's platform is used in 90 countries with more than a billion verified transactions in 2020, contributing more than $8 billion to the digital economy. Customers that trust Boku to simplify sign-up, acquire new paying users and prevent fraud include global leaders such as Apple, DAZN, Facebook, Google, Microsoft, Netflix, PayPal, Sony, Spotify and Tencent.

Boku Inc. was incorporated in 2008 and is headquartered in London, UK, with offices in Brazil, China, Estonia, France, Germany, India, Indonesia, Japan, Singapore, Spain, Taiwan, Vietnam, and the US.

To learn more about Boku Inc., please visit: https://www.boku.com

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April 07, 2022 02:10 ET (06:10 GMT)