Telefónica O2 Germany and BOKU have announced a direct carrier billing relationship through which O2 customers can use BOKU’s payment platform to purchase virtual and digital goods ranging from .09 Euros to 30.00 Euros. O2 customers pay for goods by entering their mobile number and charging directly to their mobile phone carrier bill.
O2’s mpass system allows direct carrier billing for the purchase of virtual, digital and physical goods.
This new partnership integrates the BOKU mobile payments platform into O2 Germany’s operator billing interface, enabling features that include: support for one-off and subscription payments in Germany; authorization and capture APIs with refund support ; and in-app and Web billing support.
BOKU says its service offers consumers a quicker and easier way to pay online when compared with existing credit-card solutions.
“This agreement opens up the opportunity for BOKU merchants to offer payment for physical goods as well as virtual and digital goods," said James Patmore, managing director, BOKU in EMEA. “Our partnership with O2 confirms our vision of evolving online mobile payments into a range of new vertical markets."
BOKU’s bank-grade mobile payment service is available to online merchants and publishers on a global scale. BOKU is connected to 230 mobile operators in more than 65 countries, and provides access to more than 2.5 billion potential customers who can pay by mobile.