Bango : launches Direct Carrier Billing in India

RNS Number : 3268X

Bango PLC

05 May 2016

05 May 2016

BANGO PLC

("Bango")

Bango launches Direct Carrier Billing in India with Google Play and Idea Cellular

· First Google Play Direct Carrier Billing (DCB) in India through Bango Payment Platform

· Launch with Idea Cellular India continues Bango's success in major new territories

· Follows first Google Play DCB activations in Africa and Latin America in 2015

Cambridge, UK. 5 May 2016. Bango plc (AIM:BGO), the mobile payments company, announces that it has implemented Direct Carrier Billing (DCB) for Google Play with Idea Cellular in India. This is the first time Android users in India have been able to charge purchases in the Google Play store to their phone bills. Idea is the sixth largest mobile operator in the world, their 182 million subscribers can now use DCB to pay for apps, games, music, movies and much more from Google Play, charging the cost to their phone bill in one-click.

India is the world's third largest smartphone market (GSMA, 2015), and Android devices are extremely popular. Credit card penetration in India is less than 3%, limiting customers' ability to purchase mobile content and services. With today's launch, Idea subscribers have a secure payment method that works on pre and post-paid mobile billing plans, both on the Idea data network and over Wi-Fi. This capability opens up the vast world of mobile entertainment content and services offered in Google Play to Idea customers, setting the pace in India for other app stores and operators to follow.

This launch with Idea Cellular is the latest example of a major new market for app stores pioneering Direct Carrier Billing with the Bango Payment Platform. Carrier billing for Google Play was implemented for the first time in Latin America and Africa through Bango in 2015. The Bango Payment Platform enables the app store to maintain a standard technical and operational model for carrier-billed payments everywhere, with Bango handling local market variations to ensure stores can scale payments quickly and consistently.

In other high growth, emerging markets, Bango has reported an increase in content sales by over 10 times after the launch of carrier billing, by enabling many more smartphone users to enjoy the app store experience. Bango is the market leader in app store carrier billing (Progressive Research Sept 2015), with more live deployments than anyone else.

Commenting on the announcement, Bango CEO Ray Anderson said:

"Taking Google Play carrier billing to India is a major milestone for Bango. India offers enormous potential for online commerce. We are pleased to provide Idea's 182 million subscribers with a universal payment method so they can enjoy the complete app store experience, and to expand the reach of carrier billing in the Google Play store."

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About Bango

Bango's mobile payment platform is vital to the global growth in digital content sales. The giants of mobile choose the Bango Payment Platform to provide a delightful and immediate payment experience that maximizes sales of digital content.

With over 140 payment routes activated by our partners, the Bango Payment Platform is established as the global standard for app stores to offer carrier billing. As the next billion consumers pick up their first smartphone, Bango technology will be there to unlock the universe of apps, video, games and other content that bring those smartphones to life. Global leaders plugging into Bango include Amazon (NASDAQ: AMZN), BlackBerry (NASDAQ: BBRY), Facebook (NASDAQ: FB), Google (NASDAQ: GOOG), Samsung (005930: Korea SE), Microsoft (NASDAQ: MSFT) and Mozilla. Visit: bango.com

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