Mobile Payments
The payment service provider will be integrating Boku’s platform into its payment network enabling WorldPay merchants to take mobile payments (view press release). Through BOKU’s APIs, merchants can integrate mobile payments into their checkout and utilize the company’s pricing and transaction technology. Merchants can also offer carrier billing by registering with BOKU and using the service through their WorldPay account. Mobile users without a credit/debit card account can therefore also use the service. Customers who wish to pay by mobile checkout by entering the phone number and confirming with the letter Y via SMS. Transaction time is 3 to 5 seconds.
BOKU SVP and managing director James Patmore says the company’s “technology helps to do the hard work for our merchants, things like foreign exchange, granular price points, multiple currencies and languages… and provides an opportunity to enhance their purchase experience for all types of digital goods and services.”
WorldPay merchants can tap into BOKU’s customer base of 4 billion through its mobile payment network spanning 67 countries over more than 260 network operators. The BOKU mobile payment service is immediately available to WorldPay merchants.
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