Bango PLC Bango ensures broader payments services in Europe
May 31 2018 - 4:00AM
RNS Non-Regulatory
TIDMBGO
Bango PLC
31 May 2018
31 May 2018
Bango ensures broader payments services in Europe
FCA license ensures Bango supports comprehensive payments
services in Europe
Cambridge UK, 31 May 2018. Bango (AIM: BGO), the mobile commerce
company, announces that it has extended its Financial Conduct
Authority (FCA) license as an approved payment provider. The FCA
license ensures the conditions for Bango partners to offer
alternative payments more comprehensively, for all types of goods
across Europe.
The latest European Payment Services Directive (PSD2) underpins
a well-regulated payments ecosystem to stimulate the next wave of
online services. Today's announcement demonstrates the strong
position Bango has in payments, and its commitment to supporting
payments diversity and choice, while maintaining first class
standards in compliance.
Bango has established a global market leadership position in
alternative payments. Using the Bango Platform, merchants can
collect online payments for digital goods and services, as well as
physical goods, that reach billions of internet users worldwide.
These payment methods include carrier billing, mobile wallets, as
well as emerging electronic currencies.
Thousands of digital merchants benefit from Bango technology
when customers pay for their products through online stores, such
as the Google Play store for Android smartphones and other
connected devices, and Microsoft Store for Xbox and PC. Amazon uses
the Bango Platform to extend customer payment choice for retail
goods and services in Japan, and to offer the Prime subscription
service in India.
Media contact
Anil Malhotra, CMO
anil@bango.com
Tel: +44 7710 480 377
About Bango
Bango is the payment platform chosen by the world's most
influential companies to grow their sales faster in the new age of
connected commerce. Working with global stores including Amazon
(NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT).
Bango has become the industry standard, helping people make
payments quickly and conveniently. Through its partnerships and
reach, Bango offers unique insights derived from pooled data and
shared knowledge. Bango gives businesses unrivalled visibility into
their markets and customers, increasing sales and customer
acquisition. Built to scale, the Bango Platform supports the
exponential growth ambitions of its global partners. For more
information, visit www.bango.com.
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END
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