WorldPay has announced a partnership with
BOKU to enhance synergies and improve the m-payment side of its
network.
BOKU’s mobile payment platform will be
integrated into WorldPay’s support system.
Go deeper with GlobalData
The partnership with the San
Francisco-based online payments firm will enable WorldPay’s
merchants to offer their customers a convenient and fast m-payment
tool, said WorldPay.
The partnership follows a research by
WorldPay in which it found that around 39% of mobile shoppers were
frustrated by the average length of m-transactions.
BOKU’s technology allows users to pay by
entering the phone number, confirm the transaction via SMS and
charge it to their mobile operator bill.
The whole process takes around 3-5 seconds
and there is no need to provide extra information to the retailer,
according to WorldPay.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataWith this partnership, WorldPay seeks to
offer convenience to BOKU’s potential client base of up to 4bn
consumers worldwide.
“mCommerce has grown in popularity among
consumers,” said Grabiel Hopkins WorldPay’s head of e-commerce.
Hopkins added: “BOKU has continued to
address such demands with a platform that has proven to be a
convenient and trusted option for mobile shoppers.
