Boku Inc Mobile wallet payments for Netflix in Japan
April 07 2022 - 01:10AM
RNS Non-Regulatory
TIDMBOKU
Boku Inc
07 April 2022
REACH
7 April 2022
Boku Inc.
("Boku" or the "Company")
Boku launches PayPay mobile wallet payments for Netflix in
Japan
Boku (AIM: BOKU), a leading global provider of mobile payment
solutions, is pleased to announce that its M1ST (Mobile First)
platform has launched PayPay mobile wallet payments for Netflix in
Japan. With this launch, PayPay's more than 45 million users can
now pay for streaming subscriptions within Netflix.
The addition of PayPay ensures that Netflix users in Japan can
choose the payment method they prefer. Today, 75% of Japanese
consumers are using mobile wallets and the proportion is projected
to reach 98% by 2025 (Juniper Research 2021).
Boku's M1ST payments network reaches more than 7 billion
consumer accounts and includes more than 340 mobile payment methods
in 91 countries, enabling global merchants to extend their reach to
mobile-first consumers globally.
Jon Prideaux, Chief Executive Officer, Boku, commented : "We are
thrilled to see PayPay added as a payment method for one of our
global merchants. Consumers globally are preferring to pay with
digital currency on their phones instead of plastic cards, and
we're proud to enable more convenient and secure digital
payments."
Toru Nogiwa, Division Head of Partner Sales Division, Sales
Group of PayPay , commented: " I'm extremely happy that PayPay is
now available on Netflix. Through this partnership with Boku, we
hope to further promote cashless payments in Japan and provide
convenience to more users ."
Enquiries:
Boku, Inc.
Jon Prideaux, Chief Executive Officer / Keith Butcher, Chief
Financial Officer +44 (0)20 3934 6630
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 fintech powering the world's
largest mobile payments network, M1ST (Mobile First). The M1ST
Payments Network reaches over 7 billion consumer payment accounts
in 91 countries across more than 340 payment methods.
Boku's technology platform helps the world's most demanding
merchants attract, convert, and retain customers using mobile
payments. By turning payments infrastructure into a source of
sustainable competitive advantage, Boku safely activates a range of
new merchant business models - from bundling to subscriptions.
Boku's platform is used in 90 countries with more than a billion
verified transactions in 2020, contributing more than $8 billion to
the digital economy. Customers that trust Boku to simplify sign-up,
acquire new paying users and prevent fraud include global leaders
such as Apple, DAZN, Facebook, Google, Microsoft, Netflix, PayPal,
Sony, Spotify and Tencent.
Boku Inc. was incorporated in 2008 and is headquartered in
London, UK, with offices in Brazil, China, Estonia, France,
Germany, India, Indonesia, Japan, Singapore, Spain, Taiwan,
Vietnam, and the US.
To learn more about Boku Inc., please visit:
https://www.boku.com
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