The new partnership helps GlobalCollect merchants’ customers to purchase online using their mobile phone number; charges appear on their operator bill.
BOKU’s bank-grade mobile payments technology will also assist GlobalCollect to rope mobile payments as a mainstream payment mode, enabling business enterprises to acquire new customers, and provides consumers with a simple and flawless checkout experience, BOKU claims.
Global mobile payment of BOKU, operating in 67 geographies through more than 260 mobile network operators provides a potential customer base of up to 4 billion consumers.
BOKU svp and managing director James Patmore said BOKU offers GlobalCollect merchants an opportunity to enhance their purchase experience by adding the convenience of BOKU for all types of digital goods and services.
"Our merchant partners typically see significant, immediate increases in their market reach and checkout conversion, and we expect the same for GlobalCollect merchants," Patmore added.
