Facebook announcement re. Bango payment services

RNS Number : 9068E

Bango PLC

07 June 2012

 



07 June 2012

Immediate release

BANGO PLC

("Bango")

Facebook announcement relating to Bango payment services

Further to the announcement on 8 February 2012 that it had signed an agreement to provide payment services to Facebook, Bango (AIM: BGO) is pleased to report that Facebook has announced the initial availability of these services to its developers as part of an improved mobile payments flow.

Facebook stated: "At Mobile World Congress this year we announced an improved mobile payments flow for mobile web apps. Today we are starting to roll it out. This low friction (two steps) carrier billing is now available on the majority of carriers in the US and the UK and will be rolled out to additional operators worldwide."

A link to this announcement and associated screen shots is at www.bangoinvestor.com.

The Board believes it is too early in the relationship to accurately forecast the level of business which will be generated.

Contact Details:

Bango plc	Newgate Threadneedle	Cenkos Securities plc
Tel. [phone] www.bango.com	Tel. [phone]	Tel. [phone]
Ray Anderson, CEO	Caroline Evans-Jones	Ken Fleming
Peter Saxton, CFO	Fiona Conroy	Beth McKiernan

About Bango

Bango (AIM: BGO) provides technology that enables commerce on the mobile web.

Bango enables businesses of all sizes to collect payment for Apps, music, games, virtual goods, videos and services sold to internet connected mobile phone users.  Bango is able to charge payments to mobile phone bills or use other billing methods such as credit card based on intelligence about the consumer. Bango also provides an analytics service that provides accurate information about visitors and the effectiveness of marketing activities for mobile web sites.

Visit www.bango.com.

 

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