Bango Secures Victory Opening-up Egypt for App Store Carrier Billing
November 09 2017 - 5:29AM
Business Wire
Partnership with Victory Link enables major app stores to
offer carrier billing in Egypt
Bango (AIM: BGO), the leading mobile payments company, announces
expansion of its operations in Africa through a partnership with
Victory Link in Egypt. As a result of the relationship, Bango app
store and merchant partners can launch carrier billing across all
three Egyptian mobile operators.
Egypt has 90 million plus connected mobile devices and a SIM
penetration of over 100%, of which 89% are pre-paid users (GSMA
Intelligence, 2017). Android is the Operating System (OS) of
choice, claiming over 85% of the mobile base (StatCounter, 2017).
This sizeable market is now available for Bango app store partners
to further expand their carrier billing coverage into the Middle
East and North Africa (MENA).
Bango now offers one-click carrier billing in compliance with
local market regulations, enabling millions of consumers in Egypt
to buy from their favorite app stores, charging the cost to their
pre or post-paid mobile phone bill. For the first time, Egyptian
operators can use carrier billing in app stores, enabled by the
Bango Platform.
Engy ElSabban, CEO at Victory Link commented: “This
partnership gives Egyptian consumers an inclusive payment method to
access the full range of content and services available from the
world’s leading online stores and merchants, who have standardized
on the Bango Platform to offer payment on a global scale.”
Ray Anderson, CEO at Bango commented: “The Bango Platform
is used by the world’s leading online stores and merchants to offer
alternate payments to their customers worldwide. This relationship
with Victory Link means Bango can support its app store partners
growth ambitions, opening-up more market first territories to
expand their carrier billing footprint.”
The names of companies and products mentioned herein are
trademarks of their respective owners.
About Bango
Bango is the standard platform chosen by leading global stores
to deliver mobile payments to everyone. As the next billion
consumers adopt their first smartphone and look for universal
payment methods, Bango will be there to unlock the world of apps,
video, music, games and other content that brings those smartphones
to life. Global stores plugging into the Bango Platform include
Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG), Samsung (005930:
Korea SE) and Microsoft (NASDAQ: MSFT). Bango also partners with
leading payment providers around the world to drive new users and
revenues through its industry-leading mobile payment solutions. For
more information, visit www.bango.com.
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BangoAnil Malhotra, CMOanil@bango.comTel: +44 7710 480 377
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