29 October 2015
BANGO PLC
("Bango")
Press comment
Bango plc (AIM:BGO), the mobile payments company, notes the recent press commentary about the availability of Direct Carrier Billing for some iTunes users in Germany.
Bango is delighted to see the use of Direct Carrier Billing is being expanded in this way, following the prior support for iTunes voucher sales using Direct Carrier Billing in some countries.
Other app stores providers, including Google, Amazon, Blackberry and Microsoft, have found carrier billing to be a successful payment method and have gradually expanded its availability to more customers. We believe that Apple will see positive results through carrier billing and follow a similar path.
Bango is the number one provider of carrier billing routes for global app stores according to research by Progressive Equity Research (Sept 2015). A link to this report is at http://bangoinvestor.com/
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For further information please contact:
Bango plc |
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Ray Anderson, CEO |
+44 1223 472 777 |
Gerry Tucker, CFO |
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Cenkos Securities plc |
+44 131 220 6939 |
Nick Tulloch/ Beth McKiernan |
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FTI Consulting |
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Rob Mindell / Karen Tang |
+44 203 727 1000 |
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 markets activated by Bango 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
