Ooredoo Myanmar and the mobile payments company Fortumo announced the launch of a direct carrier billing partnership.
All Ooredoo Myanmar customers can now make payments for digital content including app stores, streaming services and games by charging purchases to their mobile account.
This is the second market where Fortumo has teamed up with Ooredoo, having launched carrier billing in Indonesia with the mobile operator in August 2016.
Ooredoo Myanmar’s goal is to be a leading digital brand with dynamic assets that can adapt from print to screen. Being a telecom service provider, Ooredoo will use its advanced technology to offer innovative services to its subscribers.
While smartphone penetration is growing rapidly, bank card ownership in the country is below 2% (according to World Bank) which means the majority of people cannot make online payments. Carrier billing resolves this problem as any prepaid or postpaid user can make payments by deducting the money from their mobile account. Due to lacking bank access, carrier billing in Myanmar also has the potential to be extended to physical services and goods.