Fortumo launches in Indonesia to bring mobile payments to 205 million phone owners

Launches in Indonesia.

The mobile payments company Fortumo is launching mobile operator billing in Indonesia, the fourth largest country in the world by population. 205 million phone owners using Telkomsel, XL Axiata, Indosat and Axis networks can now charge purchases for digital content to their mobile operator bill.

Fortumo is working with app developers and platform owners to help launch in Indonesia. This means that over 200 million additional mobile users will now be able to purchase content from many top app and online developers through mobile operator billing.

Indonesia has three times more mobile phone owners than credit card owners and mobile operator billing is already more popular than credit card billing for online payments.

Recently, Fortumo has also made similar announcements regarding launching mobile operator billing in China and India. These countries together with Indonesia are significant not only because of their huge population but also because they have a large share of unbanked consumers who don’t have access to traditional means of payments.

Related reading

Leave a comment