Mobile payment solutions provider mopay has announced two new offices located in Seoul, Korea and Jakarta, Indonesia. The firms expanded presence in Asia signals continued global expansion and a strategy to support Asian online merchant growth.
Mopay has acquired over 100 new clients in the region since establishing its regional headquarters in Beijing in 2010. As a result the company is now working with nine out of ten of China’s top online game companies.
Asia has been booming in the mobile payments market and now represents 40% of all mobile payment users worldwide. This is more than 2.5 times as many North America according to Gartner. Furthermore, direct operator billing is popular with online gamers and ranks among the top three preferred payment methods for virtual good transactions in Asia/Pacific.
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