TIDMBOKU
Boku Inc
10 December 2020
REACH
10 December 2020
Boku, Inc.
("Boku" or the "Company" and, together with its subsidiaries,
the "Group")
Cloud gaming service Antstream & Fortumo launch global
carrier billing partnership
Boku, a leading global mobile payment and mobile identity
company, is pleased to announce the launch of a global direct
carrier billing partnership between the retro-gaming streaming
service Antstream and Boku's subsidiary Fortumo. Gamers can now
subscribe to Antstream and access more than 1000 games by charging
the purchases to their mobile phone bill or prepaid SIM card. The
first market launched for Antstream users is Poland, where 11
million subscribers of the telco Play can now pay for the service
through their mobile operator bill.
Through a single connection to Fortumo's platform, Antstream
receives global access to the direct carrier billing capabilities
of mobile operators connected to Fortumo. This enables Antstream to
roll out the payment method at scale, instead of integrating and
launching mobile operators one by one.
Carrier billing provides two advantages to digital content
merchants over bank-based payments: payment reach and better
conversion. In regions with low credit card ownership, such as
Asia, MENA and Eastern Europe, carrier billing is used by merchants
to reach new paying users who don't own a credit card for online
payments. In regions where credit card ownership is high, such as
Western Europe, carrier billing provides a simpler checkout flow.
Instead of filling out forms or logging into accounts, users are
able to complete payments by simply confirming them with a PIN
code. This results in a shorter checkout flow for carrier billing
compared to other online payment methods, increasing payment
conversion and revenue for digital content merchants.
Seperately, Fortumo has also recently launching direct carrier
billing with the mobile operator 3Denmark and with the game
developer Epic Games across multiple countries in Europe.
Greg Beitchman, Chief Revenue Officer at Antstream Arcade, said:
"We are delighted to be partnering with Fortumo to enable consumers
to access thousands of retro games through their subscriptions with
telco operators. Whether on set top box, mobile device or
broadband, Antstream offers casual gamers the ability to play games
with friends, access tournaments, and enjoy iconic titles from
Space Invaders to Mortal Kombat for a monthly subscription. Fortumo
will also enable Antstream to be easily bundled with data packages
and alongside devices, giving telcos new options to offer gaming as
a value-added service to consumers to through their monthly phone
bill."
Andrea Boetti, Director of Strategic Partnerships at Fortumo,
commented: "Cloud and streaming based gaming services are driving
the next wave of growth in the video games industry, by enabling
games to be played on any devices regardless of their
specifications. The adoption of 5G by mobile operators in turn
supports the adoption of cloud gaming. There is a natural fit
between cloud gaming and carrier billing through mobile operators,
as users can access the games and pay for them through the same
network provider. Antstream is a leading company in the game
streaming segment and we are excited to support their growth
globally."
Enquiries:
Boku, Inc.
Jon Prideaux, Chief Executive Officer +44 (0)20 3934
Keith Butcher, Chief Financial Officer 6630
IFC Advisory Limited (Financial PR & IR) +44 (0)20 3934
Tim Metcalfe / Graham Herring / Florence Chandler 6630
Notes to Editors
About Antstream Arcade
Antstream Arcade was founded in 2013 and is headquartered in
London, England. Over the last few years it has become the world's
first and largest retro game subscription service and has amassed
the largest collection of retro games titles available in one
place.
Antstream is all about the challenge - a streaming retro service
that makes classic games available on-demand on all your devices. A
monthly subscription gets players access to over 1,000 video games
spanning arcade hits, classic console platforms from Atari and
Sega, and beloved home computers including the C64, Amiga and ZX
Spectrum.
The Antstream Arcade streaming service allows users to play
retro video games, directly from the cloud with no downloads or
installs, on modern devices through an affordable monthly
subscription.
To find out more visit www.Antstream.com.
About Boku
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 over
800 million transactions worth more than $7 billion annually in
nearly 70 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, 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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