SINGAPORE, June 7 (Bernama-BUSINESS WIRE) -- Philippines’ number one mobile brand Globe Telecom and the mobile payments company Fortumo have sealed a partnership to launch enhanced direct carrier billing in the country. With this collaboration, over 52 million Globe customers will be able to use their mobile phones to make payments in various app stores, as well as for digital services and games.
Direct carrier billing, significantly increases the amount of users who are able to make online payments. In the Philippines, only 3% of Filipinos have access to acredit card while smartphone penetration has reached 40%and is forecasted to grow to 70% during the next 2 years. With Fortumo and Globe, more people will be able to make payments online through carrier billing compared to bank-based payments.
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