Microsoft DCB launch in South Korea & Saudi Arabia

RNS Number : 6899O

Boku Inc

11 February 2021

 

REACH

11 February 2021

Boku, Inc.

("Boku"  or the "Company" and, together with its subsidiaries, the "Group")

Boku Launches Direct Carrier Billing with Microsoft in South Korea & Saudi Arabia

Boku, a leading global provider of mobile payment and identity solutions, is pleased to announce it has launched a new mobile payment method for Microsoft in both South Korea and Saudi Arabia.

Customers of South Korea's SK Telecom ("SKT") and Saudi Arabia's Saudi Telecom ("STC") can now make seamless and secure cardless payments in both Microsoft Xbox and Microsoft PC Stores.

Microsoft Gamers and PC users are now able to speed through checkout by using their phone number as their on-file payment method. To that end, Direct Carrier Billing will further accelerate the access and utilization of Microsoft products via digital payments for millions of SKT and STC subscribers.

Jon Prideaux, Chief Executive Officer of Boku, commented, "We're excited to further extend Microsoft's mobile payments acceptance through our global carrier coverage that includes strategic partners like SKT and STC. Our collaboration with Microsoft is a promising achievement that will provide convenience and security to the millions of existing Microsoft platform users as well as attract new ones."

Enquiries:

Boku, Inc. Jon Prideaux, Chief Executive Officer Keith Butcher, Chief Financial Officer	[phone]
IFC Advisory Limited (Financial PR & IR) Tim Metcalfe / Graham Herring / Florence Chandler	[phone]

Notes to Editors

Boku Inc. (AIM: BOKU) is a leading global provider of mobile payment and identity solutions. Boku technology is integrated into over 220 mobile wallets and network operators worldwide powering mobile user authentication and mobile payments. Boku processes nearly 1 billion transactions worth more than $7 billion annually in more than 80 countries. Global leaders that rely on Boku to acquire, monetise, and protect digital consumer transactions include Apple, Discover, Experian, Facebook, FIS, Fiserv, Google, Microsoft, Netflix, Paypal, Sony, Spotify and Western Union.

Boku Inc. was incorporated in 2008 and is headquartered in London, UK, with offices in various locations globally including in the US, Estonia, Mumbai, Munich, Beijing, Paris, Sao Paulo, Singapore, Taipei, and Tokyo.

To learn more about Boku Inc., please visit: https://www.boku.com .

 

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