Wednesday, July 23, 2014 Last update: 6:33 PM
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Fortumo Launches $1M Fund for Windows Developers Integrating Fortumo Carrier Billing SDK

Companies mentioned in this article: Fortumo

SAN FRANCISCO -- (BUSINESS WIRE) -- The mobile payments company Fortumo is today announcing a developer program for Windows Phone and Windows 8 apps. Developers who integrate Fortumo in-app purchasing to their app will receive an advance of up to $25,000 from Fortumo to cover their integration costs. The program is also open to successful iOS & Android developers who are bringing their apps to the Windows platform. Additional details on the campaign can be found at http://fortumo.com/wintegration.

Fortumo offers native-looking in-app purchasing for Windows and Windows Phone apps that only require ...

Fortumo offers native-looking in-app purchasing for Windows and Windows Phone apps that only requires the user to have a mobile phone – no additional registration or credit card is required. It supports over 40 currencies and is localized into 32 languages. (Photo: Business Wire)

Fortumo in-app payments enable customers to charge digital goods purchases to their mobile operator bill. Mobile payments are a strong alternative to credit cards, especially in emerging markets. There are four times more mobile phones in the world than credit cards and in countries like Brazil, Russia, India and China, credit card ownership is as low as 15%.

Mobile operator billing with Fortumo is designed to complement Microsoft Corp.’s own payment solution. For Windows Store, Fortumo provides mobile payments in 81 countries and over 300 mobile networks. For Windows Phone Store, Fortumo extends Microsoft’s existing mobile operator billing reach by adding a number of emerging markets in Latin America, Eastern Europe, Asia, Middle-East and Africa with low credit card penetration.

Hundreds of top developers like Rovio, Zeptolab, EA Mobile and Gameloft are using Fortumo for in-app purchasing on Windows, Android, HTML5 and other platforms. By covering integration costs, Fortumo wants to highlight the significant revenue opportunities of adding mobile operator billing also on Windows Phone and Windows 8.

Fortumo offers native-looking in-app purchasing for Windows and Windows Phone apps that only requires the user to have a mobile phone – no additional registration or credit card is required. It supports over 40 currencies and is localized into 32 languages.

Fortumo offers self-service setup with no monthly fees or minimum volume commitments, allowing any developer regardless of size and location to sign up for an account and get started with mobile payments at http://fortumo.com

About Fortumo

Fortumo allows any merchant to set up payment processing for web and mobile services, games or apps. Users with a mobile phone are then able to make one-click payments using Fortumo without the need for a credit card - payments are charged to their mobile operator bill instead. Fortumo payments are cross-platform and work in PC applications, web services and HTML5, Android, Windows Phone and Windows 8 apps. Fortumo supports payments in 81 countries through 300 mobile operators, including a number of exclusive direct carrier billing partnerships. Founded in 2007, Fortumo has offices in Estonia, San Francisco, Beijing and Delhi and is backed by Intel Capital and Greycroft Partners.


Copyright © Business Wire 2014
Contact:

Fortumo
Mattias Liivak
Head of PR & Marketing
+372-5598-8483
mattias.liivak@fortumo.com
http://fortumo.com