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BOKU

Welcome to the News View for "BOKU".

Here, on these archive pages, you'll find all of the articles on Payments News for BOKU listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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May 08, 2014

Headline News from PaymentsNews.com - May 8, 2014

On the Web:

On the Wires:

  • Citi Is First To Offer Banking Customers The Option To Use Rewards Points For Online Bill Payments - "We want our members to have the choice of using their points when and how they want," said Mary Hines Droesch, Head of ThankYou Rewards at Citi. "Whether you want to pay this month's cell phone or utility bill due next week, ThankYou Rewards lets you decide how you use your points."
  • Boku Signs Global Mobile Payments Partnership with Deutsche Telekom Group - “Strategic partnerships with key carrier groups are what will drive the entire mobile payments industry forward,” said James Patmore, Managing Director of EMEA for Boku. “As Boku continues to bring on large merchants with more sophisticated requirements, it requires a deeper level of coordination with the large carrier groups to offer a solution that can deliver across multiple markets and via multiple carriers. This deal is a key milestone in the continuing journey of making mobile payments an established payment system that is accessible to billions of consumers around the world.”
  • Zipmark Deposit(TM) Enables Businesses to Payout to Many Recipients at Once - "Zipmark Deposit™ is a unique payments service that allows businesses of any size to send an unlimited number of secure digital check payments at one time."
  • Ebates.com Announces Free New iPad App for Cash Back Shopping - “We are delighted to give our members and iPad users worldwide a terrific new way to save money on everything they buy from their device,” said Kevin H. Johnson, CEO of Ebates, Inc.

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

March 25, 2014

Headline News from PaymentsNews.com - March 25, 2014

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

December 19, 2013

Headline News from PaymentsNews.com - December 19, 2013

Webinar: Managing Cardholder Data Security Risks in an Evolving Payments Landscape - Be sure to join Glenbrook's Bryan Derman, BakerHoestetler's Craig Hoffman and Mandiant's Marshall Heilman for this webinar on January 15 from 2-3:30 PM Eastern time. Registration is now open.

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

November 14, 2013

Headline News from PaymentsNews.com - November 14, 2013

On Twitter:

On the web:

On the wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

October 30, 2013

Boku Introduces Mobile Carrier Billing for Parking

Boku logo 140x60pxBoku has announced it is "bringing carrier billing to the real world" through a new partnership with PassportParking. Boku says that a "multi-city trial will give drivers a new way to purchase daily and hourly parking at select lots around the country, using only their mobile phone number, with the charge appearing directly on their carrier billing statement."

“Over the last year, carrier billing has really come into its own as a preferred payment method on new devices, from Smart TVs to game consoles. But bringing our solution to real world purchases has always been a major goal for Boku”

“We’re always looking for innovative ways to improve the parking experience for our customers,” said Bob Youakim, Managing Partner for PassportParking. “People want to park, pay, and get on their way with as little effort as possible. With carrier billing, our parkers can just grab their phones, text, and get back to business. No searching for a pay station or digging for coins or your credit card. That’s a huge value add for our customers.”

Using Boku’s® text-to-pay option to pay for parking, drivers only need to text the parking zone and spot number to a phone number readily displayed at the lot. The payment is authenticated right on the phone, and the charge appears on the user’s mobile statement. Anyone with a phone can pay for parking in less than a minute and they are on their way.

The trial will begin in November in: Chicagoland, IL; Denver, CO; Charlotte, NC; Ocala, FL; Ft. Lauderdale, FL; and Hudson, WI.

October 15, 2013

Headline News from PaymentsNews.com - October 15, 2013

On Twitter:

On the web:

On the wires:

Updates from Glenbrook:

  • Looking for consulting help from Glenbrook? Let us know your needs here - and we'll get right back to you!
  • Join us for our Glenbrook Payments Boot Camp on October 23rd/24th in New York City!
  • Glenbrook's Elizabeth McQuerry will be speaking at this year's NACHA Global Payments Forum on October 17-18 in New York City. She'll be speaking on the topic "Mobile Payments, Interoperability & Faster Funds Transfer". Elizabeth will also be speaking on New Payments Regulation in Brazil at the International Money Transmitter Conference in Miami 4-7, 2013.
  • Glenbrook's Carol Coye Benson will be speaking at this year's American Bankers Association Annual Convention on October 20-22 in New Orleans. She'll be participating in a panel discussion on The Future of the Payments Industry.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

June 07, 2013

Headline News from PaymentsNews.com - June 7, 2013

On the web:

On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

January 23, 2013

June 14, 2012

GlobalCollect Offers BOKU as Mobile Payment Checkout to its Merchant Network

Globalcollect logo 140x60pxBOKU and GlobalCollect announced GlobalCollect has selected BOKU as its global mobile payments partner. The partnership integrates BOKU’s payments platform into GlobalCollect’s international payment network, allowing online merchants to accept mobile payments at checkout.

“At GlobalCollect, we provide our merchants with the best fitting online payment methods available for their business," said John Snoek, Global VP Marketing. “BOKU’s mobile payment platform is trusted and available in more countries than any other mobile payment option. Next to that BOKU brings unrivalled experience on the mobile payment process to the table. It was clearly the best option for our merchants, who now through the partnership can substantially increase checkout conversion, reduce cost and accelerate time to market of mobile payments."

May 30, 2012

BOKU And T-Mobile USA Partner For In-app Purchases In Carrier’s App Store

Boku logo 140x60pxBOKU has announced that it is an approved carrier-billing gateway for the T-Mobile Mall.

“Our merchants find significant value in the high conversion rate of mobile payments with in-app purchases.” said Ron Hirson, President of BOKU. “By combining our bank-grade technology with the access to millions of customers who regularly use the T-Mobile Mall, we’re confident this global billing and distribution method will add tremendous value to game developers seeking a wider audience and increased revenue.“

May 03, 2012

BOKU Expands Direct Mobile Billing Network

Boku logo 140x60pxBOKU has announced today a direct mobile billing agreement with Sprint.

“This agreement is a welcome expansion of BOKU’s direct carrier relationships here in the U.S.” said BOKU President Ron Hirson. “Most importantly, Sprint is focused on the future and strongly believes in empowering developers to drive innovation in the market. They focus on providing developers with the best tools and an industry-leading network. We’re proud that they chose BOKU as a mobile payments platform to serve both their developers and their customers.”

In related news, BOKU also announced a direct mobile billing agreement with Deutsche Telecom in Germany. With these two agreements, BOKU can now directly process transactions with every major carrier in the US, UK, France, and Germany.

March 15, 2012

BOKU Secures $35 Million Investment From NEA, Telefónica and Others

Boku logo 140x60pxBOKU announced that it has secured $35 Million in funding. Investors include New Enterprise Associates (NEA), Telefónica Digital, as well as previous investors.

“Payments are going mobile and we want to be at the forefront of this trend,” said Matthew Key, Chairman & CEO, Telefónica Digital. “BOKU has quickly established itself as a true innovator in the mobile commerce space and this investment gives us access to their tools, infrastructure and know how, ideally complementing our own mobile payments expertise. In addition to the investment we are also embarking on a global partnership with BOKU to enhance our operator billing capabilities and the overall payment experience through our future mobile wallet services.”

Additional participants in the round include Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures and Khosla Ventures.

March 01, 2012

Vindicia Brings Mobile Payments to CashBox

Vindicia logo 140pxVindicia has announced that it has added mobile carrier billing support to CashBox. "Through its integration and partnership with BOKU, Inc., the global leader in mobile payments, Vindicia clients will have the ability to seamlessly and securely accept mobile payments from consumers in 67 countries and across more than 240 mobile network operators."

February 28, 2012

Payments Views - BOKU Jumps Into The Mobile POS Skirmish

GP Logo Horizontal 140pxOver on Payments Views, our sister blog, Glenbrook's Russ Jones explores BOKU's entry into the mobile POS skirmish.

We recently sat down (virtually) with BOKU to learn more about how the company views the mobile payments market and where BOKU Accounts fits in the emerging mobile POS landscape. What follows is a summary of what we learned and our reaction to the their strategy and approach.

BOKU's announcement is here; our analysis is here.

February 23, 2012

BOKU Launches Complete Mobile Payments Platform for Mobile Operators

Boku logo 140x60pxBOKU announced that it is expanding its payments technology to cover retail point-of-sale with BOKU Accounts.

“BOKU Accounts brings together the best parts of mobile payments and technology, leveraging NFC, smartphones and global payment networks for a better consumer experience.” Said Mark Britto, BOKU CEO. “We are leveraging the power of the device in your pocket to improve every transaction you make, anywhere in the world, and helping our MNO partners expand into the off-line world, while bringing tremendous value to their subscribers and merchants alike.”
In related news, MasterCard announced its partnership with BOKU in this endeavor.

February 22, 2012

WorldPay Offers BOKU as a Mobile Payment Method

Boku logo 140x60pxBOKU announced that Payment Service Provider (PSP) WorldPay has selected BOKU as its global mobile payments partner, integrating BOKU’s payments platform into its payment network.

“WorldPay is a leading payment service provider with an outstanding network of merchants,” said James Patmore, SVP and Managing Director, BOKU. “Our technology helps do the hard work for our merchants, things like foreign exchange, granular price points, multiple currencies & languages, and more. We believe BOKU offers WorldPay merchants a powerful tool for the acquisition of new customers and an opportunity to enhance their purchase experience, leveraging the convenience of BOKU for all types of digital goods and services.”

August 29, 2011

August 25, 2011

BOKU Brings Direct Carrier Billing to France With New Partnerships

Boku logo 140pxBOKU has announced that it has "launched direct carrier billing with French carriers Bouygues Telecom and SFR, a subsidiary of Vivendi, adding to existing direct billing with Orange France. The partnership offers over an additional 32 million French customers the ability to pay for digital goods and services using only their existing wireless service account, with the charge appearing on their carrier bill. With this agreement, nearly all mobile users in France will benefit from BOKU direct carrier billing."

August 02, 2011

T-Mobile USA to Extend Direct Carrier Billing to Digital Content and Services

T mobile logo 140x60T-Mobile USA has announced Direct Carrier Billing, "a nationwide purchasing program to provide customers the convenience of securely purchasing digital content and services from their web-enabled device. With Direct Carrier Billing, T-Mobile customers can conveniently charge online purchases of digital games, gaming and social networking credits, music, videos and other digital content offerings directly to their existing T-Mobile account right from the Web browser of their connected device – whether a PC, smartphone, netbook or tablet."

T-Mobile Direct Carrier Billing is initially available via BilltoMobile, Boku, OpenMarket, Payfone, and Zong.

June 30, 2011

BOKU 1-Tap Billing for Android is Now Live in 56 Countries

Boku logo 140pxBOKU has announced that its 1-Tap Mobile Billing for Android capability is now live in 56 countries.

The developer SDK opens up significantly expanded revenue opportunities to Android developers via direct carrier billing for in-app purchases, along with a consumer reach that spans the globe. Once integrated, BOKU’s production Android SDK provides 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.

March 24, 2011

BOKU Partners with O2 and mpass in Germany for Direct Mobile Billing

Boku logo 140pxTelefónica O2 Germany and BOKU have announced a direct carrier billing relationship that allows O2 customers to use BOKU’s payment platform to purchase goods ranging from .09 Euros to 30.00 Euros.

“This agreement opens up the opportunity for BOKU merchants to offer payment for physical goods as well as virtual and digital goods,” said James Patmore, Managing Director, BOKU in EMEA. “Our partnership with O2 confirms our vision of evolving online mobile payments into a range of new vertical markets.”
O2 is part of Telefónica, the second largest carrier group in the world. O2’s mpass system allows direct carrier billing for the purchase of virtual, digital and physical goods.

February 21, 2011

January 27, 2011

BilltoMobile And BOKU Sign Agreement For Verizon Direct Mobile Billing

boku_logo-140px.png BilltoMobile_logo.png BilltoMobile and BOKU plan to integrate BilltoMobile's payment gateway and BOKU's mobile payments platform. The goal is to offer direct mobile billing with Verizon (via BilltoMobile) to BOKU customers. Jim Greenwell, BilltoMobile CEO and Mark Britto, BOKU CEO, issued a joint statement:

“BilltoMobile and BOKU’s cooperative agreement is a landmark in US mobile payments cooperation. The real winners today are the many wireless subscribers who are excited about access to convenient, secure online mobile payments and the merchants who provide these consumers with a wide array of digital goods, content and services.”
Direct mobile billing (DMB) offers attractive merchant fees that are significantly lower than traditional PSMS rates. READ MORE »

December 01, 2010

Mobile Payment Videos We Like

GP Logo Horizontal-140px.pngCurious about mobile payments, but tired of reading the small print? Glenbrook's Carol Coye Benson has compiled a collection of how-they-work videos. Included are videos from Bling Nation, PayNearMe, Square, BOKU, Intuit GoPayment, PayPal Mobile, VivoTech, Oberthur, MobilePay, MocaPay, and FaceCash.

October 28, 2010

AT&T Launches Multi-Partner Direct Mobile Billing Trial

AT&T-logo-114px.png BilltoMobile (announcement), BOKU (announcemnet), and Zong (announcement) are all working with with AT&T to provide direct mobile billing payment services to AT&T’s wireless subscribers – enabling customers to charge digital content purchases made online directly to their existing wireless service account.

This is the second direct mobile billing agreement with a major carrier that BilltoMobile has announced this year - the company announced a similar integration with Verizon in March - and the first for BOKU and Zong.

June 02, 2010

BOKU Announces Payments SDK for In-App Payments on Android

BokuBOKU has announced the launch of a global in-app mobile billing solution for the Google Android mobile platform. According to the company, "the BOKU Payments SDK is a toolkit for developers to easily enhance and monetize any Android app with in-app purchases via carrier billing. Developers interested in the alpha version of the SDK can sign up to request access on the BOKU website." READ MORE »

May 27, 2010

BOKU Announces Strategic Investment from Andreessen Horowitz

BokuBOKU has announced that it has secured funding from the venture capital firm Andreessen Horowitz. Silicon Valley technology veterans Marc Andreessen and Ben Horowitz, founders of the firm, will also advise BOKU on strategic matters, industry insight and tactical direction.

“Andreessen Horowitz looks to help talented entrepreneurs build great companies around great technologies, and we did an extensive review of the mobile payments space and the players before deciding to work with BOKU,” said Marc Andreessen, co-founder and general partner at Andreessen Horowitz. “We feel that BOKU’s management team along with the company’s market-leading merchant relationships, global coverage, and technology will be a powerful combination as they continue their aggressive growth plans in a rapidly changing space.” READ MORE »

February 16, 2010

GLOBE GCASH, BOKU Partner For International Mobile Payments

Globe Telecom, a mobile operator in the Philippines through its wholly owned mobile commerce subsidiary G-Xchange (GXI), is partnering with BOKU to expand acceptance of the Globe GCASH service internationally. The deal opens the BOKU mobile payment platform and growing international merchant community to Globe’s GCASH subscribers. READ MORE »

January 19, 2010

BOKU Closes $25MM Series C Financing for Mobile Payments Business

BOKU has announced that it has raised $25 million in series C capital led by DAG Ventures with continued participation from Benchmark Capital, Index Ventures and Khosla Ventures. The company says that "this round of capital builds on the strong success and momentum BOKU has experienced in the last year and stands as a strong vote of confidence for the company’s future." READ MORE »

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