Mobile payments company, Fortumo has partnered with Huawei to combine its global carrier billing capability with Huawei's global carrier billing '@Digital inCloud' service. Both the companies plan to extend the joint portfolio in more countries, especially in emerging markets.
According to a report from GfK, the biggest smartphone device growth markets in 2015 are predominantly large emerging economies such as India, China, Indonesia, Nigeria, Brazil and Pakistan, where Fortumo already has a strong presence. Fortumo's carrier billing services currently serve more than 4 billion end-users, enabling customers to pay merchants using their phone bills across 90 countries.
Gerri Kodres, Chief Business Officer at Fortumo
Fortumo is proud to be selected by Huawei as their partner for payments, enabling carrier billing for Huawei inTouch partners across the world. Carrier billing stands out as one of the most convenient methods to charge for content and apps for OEMs and app stores, especially in the emerging countries which have low credit card penetration.