SAN JOSE, CA — (Marketwire) — 01/18/12 — BilltoMobile, the leader in Direct Carrier Billing for mobile payments, announced today the availability of one-click processing for Mobile Web transactions on its Direct Carrier Billing (DCB) platform. This simplified payment flow makes it faster and easier for consumers to make purchases from their mobile phones without sacrificing security.
BilltoMobile-s deeper integration with US carrier networks enables it to identify a wireless subscriber-s phone number when they make purchases through Mobile Web on their handsets. In a one-screen user flow, a user is asked to accept the Carrier-s Terms of Use via an opt-in check box and then to opt in a second time on the same screen by confirming the exact amount to be charged to the network-identified phone number. BilltoMobile-s proprietary risk and fraud system, which already processes billions of dollars in mobile payment transactions annually in the US and Korea, ensures the security of the purchase is maintained.
Mobile Web is increasingly becoming a key focus for developers. A recent survey by Appcelerator and IDC shows that 66% of the developers rate Mobile Web support as a top priority for 2012. BilltoMobile-s one-click purchase flow will help developers to accelerate revenue through direct carrier billing. Merchants will continue to leverage BilltoMobile-s easy to integrate RESTful API. They do not need to code to any additional APIs.
“We are excited to be introducing this elegant new functionality on a major carrier with MocoSpace. We have been working closely with all of the carriers on this one-click process, and we expect all of the Top 4 carriers will be providing this same service soon,” explained Paris Leung, Vice President of Sales at BilltoMobile, “Offering such a simple and easy payment flow for consumers translates directly to higher revenue. We have seen this proven out in other geographic areas of the world. We are very excited to be the first DCB platform in the US to offer one-click mobile web processing.”
“Direct billing is key to our virtual currency based mobile social gaming community, and with Billtomobile we-ve been able to provide a seamless payment experience,” said Jamie Hall, MocoSpace Co-founder & CTO.
About BilltoMobile
BilltoMobile is the premier provider of direct-to-carrier mobile payments for web purchases in the US, enabling payments for digital goods and services on PC, tablet and mobile phone browsers. BilltoMobile is the only company who directly processes mobile payments for all Top 4 US carriers. Between May 2010 and Sept 2011, BilltoMobile launched its proprietary mobile payments service on behalf of Verizon Wireless, AT&T, Sprint and T-Mobile, and also serves as a Mobile Payments Gateway for Verizon and Sprint, providing mobile phone authentication and direct billing access to other payment processors and some “mega” online merchants for these carriers- mobile payment programs. BilltoMobile-s Merchant and Reseller service is now available to over 280 million U.S. consumers and over 90% of U.S. mobile subscribers. BilltoMobile is a privately-held U.S. company headquartered in San Jose, California. Its strategic investor and majority shareholder, Danal Co., Ltd (Seoul, South Korea), pioneered DCB technology, and has integrated DCB with 14 mobile carriers in Korea, Taiwan and China. Danal leads the e-commerce mobile payment segment globally, having processed an unmatched $4 billion in e-commerce mobile payments with its 10,000+ online merchant partners since the company launched with its first mobile carrier partner in Korea in 2000. For more information about BilltoMobile-s platform, leadership team, merchant and reseller services, please visit . Press contact: .
About MocoSpace
Serving over 20 million members, MocoSpace is the largest social entertainment community on the mobile web. Community members find friends, chat and play the largest selection of multi-player, mobile browser based games featuring leaderboards, persistence rewards and virtual currency. MocoSpace- Play Games, Make Friends.
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