Boku Inc Agreement for selling accessories with EE
December 12 2017 - 1:01AM
RNS Non-Regulatory
TIDMBOKU
Boku Inc
12 December 2017
12 December 2017
Boku, Inc.
("Boku" or the "Company" and, together with its subsidiaries,
the "Group")
Agreement for selling accessories with EE
Boku (AIM: BOKU), the world's leading independent direct carrier
billing company, is pleased to announce the signing of a new
agreement with EE, the UK's largest Mobile Network Operator.
The agreement relates to the addition of carrier billing to EE's
online accessories store, giving customers the opportunity to pay
for accessories from the EE marketplace using their EE phone
account.
The purchase of physical goods using carrier billing is normally
prohibited in Europe; Boku is authorised by the FCA as an e-money
issuer and this provides a way for Carriers and Merchants to offer
consumers a legal way to purchase physical goods and charge it to
their phone. This will allow EE to further realise the potential of
the EE store, with customers purchasing goods such as phone cases
or headphones through Boku's direct carrier billing platform.
Jon Prideaux, CEO of Boku, commented:
"In Europe carrier billing is ordinarily restricted to digital
goods, but Boku, through its investment in its e-money programme is
delighted to launch this service which allows EE customers to buy
physical goods and accessories at the EE store."
Enquiries:
Boku, Inc.
Jon Prideaux, Chief Executive Officer +44 (0)20
Stuart Neal, Chief Financial Officer 7652 9789
IFC Advisory Limited (Financial
PR & IR)
Tim Metcalfe / Graham Herring / +44 (0)20
Heather Armstrong / Miles Nolan 3053 8671
Notes to Editors
Incorporated in 2008, Boku is the leading independent direct
carrier billing company in the world. Boku's technology enables
mobile phone users, of which there are more than five billion
worldwide, to buy goods and services and charge them to their
mobile phone bill or pre-pay balance.
Boku's platform connects its customers, including Apple, Google,
Facebook, Microsoft, Spotify and Sony, with billing, identity and
sales systems of mobile network operators. The Group's technology
makes a consumer's mobile phone number a convenient and secure
payment method, providing an alternative to credit and debit cards.
By using Boku, merchants take people with mobile phones and make
them paying users.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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