BOKU BOKU INC.

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

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

LONDON, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Inc., (AIM: ), the world's leading provider of mobile payment and identity solutions, has launched new mobile payment methods 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 & 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, CEO 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:

CCgroup for Boku, Inc.

US: Adam Synder, ,

UK: Daniel Lowther, , 7

IFC Advisory Limited (Financial PR & IR)

Tim Metcalfe / Graham Herring / Florence Chandler                                        

+44 (0)20 3934 6630



About Boku

Boku Inc. (AIM: BOKU) is the world’s leading provider of mobile payment and mobile identity solutions. Boku’s technology platform, which is linked to more than 200 mobile wallets and network operators worldwide, verifies user identity, executes payments, and provisions new services, simplifying daily mobile interactions between consumers and digital organizations.

Boku’s technology platform is used in over 59 countries with over 815 million verified transactions in 2019, contributing $5 billion to the digital economy. Businesses that currently employ Boku’s platform to simplify sign-up, acquire new paying users and prevent fraud include global leaders such as 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:



EN
16/02/2021

Underlying

BOKUBOKU INC.

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on BOKU INC.

Free Trial
BOKU BOKU INC.

Boku Inc: 4 directors

Four Directors at Boku Inc sold after exercising options/sold 1,006,955 shares at 166p. The significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the ...

03/21/25 March 21, 2025 1 EN
Richard Williamson
  • Richard Williamson
BOKU BOKU INC.

Boku - Contract with Amazon Japan

Building on from its agreement to support local payment methods for Amazon Prime Video in South-East Asia, Boku has signed a separate contract with Amazon Japan to support e-commerce sales. The service has gone live and, while we expect minimal impact in FY24, we expect the contract to support our growth forecasts for FY25 and FY26. The contract represents a further strengthening of the relationship with Amazon and highlights Boku’s ability to support a wide range of transaction types over and a...

11/13/24 November 13, 2024 1 EN
Richard Williamson
  • Richard Williamson
BOKU BOKU INC.

Boku - H124 revenue growth supports FY24 outlook

Boku reported 24% y-o-y revenue growth in H124, with both digital wallet/account-to-account (A2A) payments and direct carrier billing (DCB) payments growing at double-digit rates. Adjusted EBITDA grew 18% y-o-y with a margin of 30.1%. With ambitions to become the best localised payment partner for global commerce, Boku continues to invest in enhancing its product portfolio and strengthening its compliance and treasury functions. A pipeline of new digital wallet/A2A launches for major merchants a...

09/24/24 September 24, 2024 1 EN
Richard Williamson
  • Richard Williamson
BOKU BOKU INC.

Boku - Strong underlying revenue growth in H124

In H124, digital wallets/account-to-account (A2A) adoption continued, with revenue growth of more than 50% y-o-y. Carrier billing revenues were robust with double-digit growth. The adjusted EBITDA margin is expected to be broadly flat versus FY23 as Boku invests to support core back-end infrastructure. We have raised our revenue forecasts while trimming our EBITDA forecasts to reflect this investment, which should support stronger growth in the medium term. The company has appointed a new CFO, R...

07/18/24 July 18, 2024 1 EN
 PRESS RELEASE
Free
BOKU BOKU INC.

Edison issues outlook on Boku (BOKU): Making the complex simple for gl...

Edison Investment Research Limited Edison issues outlook on Boku (BOKU): Making the complex simple for global merchants 20-March-2024 / 14:37 GMT/BST The issuer is solely responsible for the content of this announcement.   London, UK, 20 March 2024   Edison issues outlook on Boku (BOKU): Making the complex simple for global merchants Boku’s strategy to widen its offering within the local payment method (LPM) market accelerated FY23 revenue growth to 30%, with 15% growth from the core direct carrier billing (DCB) business and supplemented by 153% growth from eWallets and real-...

March 20, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch