Business
Payment platform opened up to digital merchants
Payment platform opened up to digital merchants.
About this update from Bango Plc
[{"type":"text","content":"\n \nRNS Number : 0753K Bango PLC 19 June 2014 \n \n\n19 June 2014\n \nBango plc\n(\"Bango\")\n \nBango opens up payment platform to digital merchants\n \nBango (AIM: BGO), the mobile payments company, today launches a new payments product that leverages its best-in-class \"app store quality\" Direct Operator Billing (DOB) platform. This new product enables digital merchants to sell directly to consumers on smartphones, tablets and desktops, across Bango's robust technology, systems, networks, data centers, processes and DOB integrations that the major app stores depend on. The result for digital merchants is unrivalled conversion rates and increased revenues.\n \nBango Payment will initially be available to selected digital merchants in high value strategic markets, beginning in the UK.\n \nRay Anderson, CEO of Bango plc, commented: \"Bango is uniquely positioned to bring app store quality payments to digital merchants. Only Bango delivers Direct Operator Billing to most of the world's app stores and has integrated more than 130 of the world's leading mobile operators to its payment platform. Bango has completely rejected Premium SMS payment, in favor of quality, direct operator integrations and uniquely authenticates users for one-click payment, even on Wi-Fi. By bringing these capabilities to the reach of digital merchants, Bango is promoting the best possible user experience, raising the bar for operator billed payments worldwide.\" \n \nFor more information go to: bango.com/digital-merchants. \n \nFor further information please contact:\n \n\n\n\n\nBango PLC\n\n\nNewgate Threadneedle\n\n\nCenkos Securities plc\n\n\n\n\nTel. +44 1223 472777\n\n\nTel. +44 207 653 9850\n\n\nTel. +44 207 397 8900\n\n\n\n\nRay Anderson, CEO\n\n\nFiona Conroy \n\n\nBeth McKiernan\n\n\n\n\nGerry Tucker, CFO\n\n\nCaroline Forde\n\n\nNeil McDonald\n\n\n\n\n\n\n\nJasper Randall\n\n\nNick Tulloch\n\n\n\n\n \nAbout Bango\n \nIn the era of mobile technology, collecting payments has emerged as a central and complex challenge. Bango (AIM: BGO) powers payment and analytics on the mobile web, providing users with a massively smooth payment experience.\n \nBango's pervasive presence across the web creates a platform effect for partners, identifying hundreds of millions of users and maximizing...