Microsoft DCB launch in South Korea & Saudi Arabia

By

Regulatory News | 11 Feb, 2021

Updated : 22:40

RNS Number : 6899O
Boku Inc
11 February 2021
 

REACH

11 February 2021

Boku, Inc.

("Boku" or the "Company" and, together with its subsidiaries, the "Group")

Boku Launches Direct Carrier Billing with Microsoft in South Korea & Saudi Arabia

 

 

Boku, a leading global provider of mobile payment and identity solutions, is pleased to announce it has launched a new mobile payment method for Microsoft in both South Korea and Saudi Arabia.

 

Customers of South Korea's SK Telecom ("SKT") and Saudi Arabia's Saudi Telecom ("STC") can now make seamless and secure cardless payments in both Microsoft Xbox and Microsoft PC Stores.

 

Microsoft Gamers and PC users are now able to speed through checkout by using their phone number as their on-file payment method. To that end, Direct Carrier Billing will further accelerate the access and utilization of Microsoft products via digital payments for millions of SKT and STC subscribers.

 

Jon Prideaux, Chief Executive Officer of Boku, commented, "We're excited to further extend Microsoft's mobile payments acceptance through our global carrier coverage that includes strategic partners like SKT and STC. Our collaboration with Microsoft is a promising achievement that will provide convenience and security to the millions of existing Microsoft platform users as well as attract new ones."

 

Enquiries:

 

Boku, Inc.

Jon Prideaux, Chief Executive Officer

Keith Butcher, Chief Financial Officer

 

 

+44 (0)20 3934 6630

 

IFC Advisory Limited (Financial PR & IR)

Tim Metcalfe / Graham Herring / Florence Chandler

+44 (0)20 3934 6630

 

 

Notes to Editors

Boku Inc. (AIM: BOKU) is a leading global provider of mobile payment and identity solutions. Boku technology is integrated into over 220 mobile wallets and network operators worldwide powering mobile user authentication and mobile payments. Boku processes nearly 1 billion transactions worth more than $7 billion annually in more than 80 countries. Global leaders that rely on Boku to acquire, monetise, and protect digital consumer transactions include Apple, Discover, Experian, Facebook, FIS, Fiserv, Google, Microsoft, Netflix, Paypal, Sony, Spotify and Western Union.

Boku Inc. was incorporated in 2008 and is headquartered in London, UK, with offices in various locations globally including in the US, Estonia, Mumbai, Munich, Beijing, Paris, Sao Paulo, Singapore, Taipei, and Tokyo.

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

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAGPUWAPUPGGRU

Last news