BOKU Announces Payments SDK for In-App Payments on Android

By integrating the BOKU service, Android developers provide users with a simple 1-Tap™ purchase process that does not require the collection of credit cards, financial information, user login, or registration through a third-party website. The integration SDK is in alpha testing now. Participating developers will have early access to the SDK before it goes live on the Android platform.

“This is a huge step for the Android development community which, until recently, had no way to easily monetize downloaded apps and generate revenue while maintaining an outstanding user experience.” Said Erich Ringewald, CTO of BOKU, “BOKU is the largest and first global carrier payment platform with an Android SDK for in-app purchases. With our in-app Android payment solution we are bringing increased conversion to merchants, and a seamless, secure purchase experience to consumers.”

Once BOKU’s service is integrated into the application, in-app mobile billing is made immediately available to the application’s consumer base with broad coverage across more than 60 countries with no need for additional work on the part of the app developer.

“A solid infrastructure and well-defined standards for mobile billing on a global scale create enormous revenue potential in social, mobile and casual gaming,” said Michael Pachter, research analyst for Wedbush Securities. “BOKU is helping to set those standards, and Android capability for in-app billing is another critical step in democratizing the gaming landscape and increasing revenues for large and small developers alike.”

This first of its kind SDK library will be available for download to Android developers who sign up and participate in the alpha program at http://www.boku.com/android. To enable the service, developers only need to download the library and drop it into their app.

BOKU has mobile payment processing relationships with leading game and application developers around the world, including nearly 100% of the top applications for virtual goods and currencies purchased on Facebook. BOKU’s mobile payment service, Paymo, is enabled across over 200 carriers worldwide in more than 60 countries, and reaches a potential 2 billion customers. The company just announced a strategic investment by Andreessen Horowitz and additions to the management team.