1Pay, a startup in Vietnam that provides an open platform for e-payments has partnered with the mobile payments company Fortumo for direct carrier billing in South-East Asia. Merchants using 1Pay are now able to collect payments from their users in Thailand, Vietnam and Indonesia by charging payments to the users’ phone bills.
1Pay works as an intermediary payment gateway and the company focuses mainly on optimizing payment effectiveness, providing speed and stability, smart analysis system, multi-dimensional reporting, integration support and automation of the integration for service providers and merchants.
Luyen Ngoc Huy, CEO of 1Pay
1Pay is now expanding its market to South-East Asia with the first move to open office in Indonesia. We certainly look for compatible partners that help us to set up and run business in the shortest time. We chose Fortumo because they have a very flexible system that allows 1Pay to connect and operate quickly.
Sanjay Sinha, head of Fortumo India
We are excited to accelerate the adoption of carrier billing by 1Pay by giving them access to direct carrier billing in several markets through just one integration. For merchants using 1Pay, direct carrier billing gives a significant increase in paying user coverage in markets with extremely low credit card penetration.