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69.00    -3.50 (-5.04%)
Bid:
65.00
Ask:
73.00
Spread: 8.00 (12.308%)
Market Cap: £50.85m
BGO Live PriceLast checked at - London Stock Exchange

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Bango boosts carrier billing

Thu, 25th Jun 2015 10:09
Mobile payment company Bango said on Thursday that it has recently launched carrier billing routes for its app store partners in several additional markets, "underlining the role of the Bango Payment Platform at the heart of the growing global app store economy".It said that carrier billing through its platform is now available to users of Samsung Galaxy apps who subscribe to O2 in Germany and Movistar in Spain, users of Google Play who subscribe to Taiwan Star and XL in Indonesia and users of Windows Phone who subscribe to Umniah in Jordan, Movistar in Mexico and Three in the UK.Chief executive officer Ray Anderson said: "Today's announcement demonstrates that Bango is a crucial part of the monetization strategy of both global app stores and major mobile network operators.These industry players know the importance of launching carrier billing in a greater number of markets quickly, and trust the Bango Payment Platform to deliver this vital revenue driver. Smartphone sales and digital content sales continue to grow globally and we are proud to be part of this exciting expansion of the app economy."At 1055 BST, Bango shares were up 2.7% at 114p.

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