Welcome!

News Feed Item

Fortumo joins One Platform Foundation to bring mobile operator billing to OpenIAB

OpenIAB developers get easy access to mobile operator billing in 80 countries

BARCELONA, Spain, Feb. 24, 2014 /PRNewswire/ -- One Platform Foundation is today announcing that the mobile payments company Fortumo has joined its Open In-App Billing (OpenIAB) initiative to enable developers to use mobile operator billing in 80 countries for in-app purchasing in any Android app store.

The OpenIAB initiative aims to create a unified billing solution for over thirty Android marketplaces. Developers are able to wrap their app using the OpenIAB library which then handles billing logic corresponding to each store's payment solution.

"Over 3 billion people want to buy digital goods with mobile payments. Adding Fortumo's mobile operator billing to OpenIAB makes it easier for Android developers to earn money from emerging markets," said Gerri Kodres, SVP of Business Development and Carrier Relations at Fortumo.

"Very few Android developers currently make the effort to publish and monetize their apps outside of Google Play. The simple reason is that it takes time and they do not want to integrate payments for each store separately. Fortumo is a welcome partner in the OpenIAB project as their payment SDK already works in most marketplaces. With more partners joining, we can create a critical mass for OpenIAB, change developer behaviour and ultimately make their business more profitable," commented Oleg Orlov, co-ordinator at the One Platform Foundation.

There are more than 30 alternative Android app stores operating globally. In those app stores, the likelihood of an app getting featured is 20 times higher than on Google Play. Approximately 25% of all Android apps are downloaded outside of Google Play. Revenues from third party app stores can make up as much as 25-40% of the total revenue for an app. An overview of alternative such stores can be found at the One Platform Foundation homepage.

OpenIAB currently supports billing for Google Play, Amazon App Store, Samsung Apps, T-Store and Yandex Store. Fortumo's mobile operator billing will become available in any participating app store that has implemented OpenIAB billing. Each developer will have the option to dynamically select in which countries and marketplaces they want to use mobile operator billing.

Fortumo's addition to OpenIAB also adds Barnes & Noble's NOOK app store to the list of marketplaces where developers using OpenIAB can make money. Fortumo is the official in-app purchasing provider for NOOK Apps.

Fortumo mobile payments in 80 countries will become available through OpenIAB's billing library by the end of March 2014. To start using mobile operator billing right now, any Android developer can sign up for Fortumo in-app purchasing at: http://fortumo.com/android.

About One Platform Foundation

The One Platform Foundation is a global, open-source initiative created by Android app developers and Android app stores that share a vision of making life easier for Android developers. One Platform Foundation contributes time to create tools and standards that make supporting multiple app stores simpler. Partners of the One Platform Foundation include Opera Store, SlideME, Yandex.Store, CodeNgo, Appland and Mobango. For additional information, visit http://www.onepf.org.

About Fortumo

Fortumo allows any merchant to set up payment processing for web and mobile services, games or apps. Users with a mobile phone are then able to make one-click payments using Fortumo without the need for a credit card - payments are charged to their mobile operator bill instead. Fortumo payments are cross-platform and work in PC applications, web services and HTML5, Android, Windows Phone and Windows 8 apps. Fortumo supports payments in 80 countries through 300 mobile operators, including a number of exclusive direct carrier billing partnerships. Founded in 2007, Fortumo has offices in Estonia, San Francisco, Beijing and Delhi and is backed by Intel Capital and Greycroft Partners. For more information on Fortumo, visit http://fortumo.com.

SOURCE Fortumo Mobile Payments

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
"MobiDev is a Ukraine-based software development company. We do mobile development, and we're specialists in that. But we do full stack software development for entrepreneurs, for emerging companies, and for enterprise ventures," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions need to be truly scalable. Far from it. There are at least six major pain points that companies experience when they try to deploy and run Kubernetes in their complex environments. In this presentation, the speaker will d...
Dhiraj Sehgal works in Delphix's product and solution organization. His focus has been DevOps, DataOps, private cloud and datacenters customers, technologies and products. He has wealth of experience in cloud focused and virtualized technologies ranging from compute, networking to storage. He has spoken at Cloud Expo for last 3 years now in New York and Santa Clara.
Your job is mostly boring. Many of the IT operations tasks you perform on a day-to-day basis are repetitive and dull. Utilizing automation can improve your work life, automating away the drudgery and embracing the passion for technology that got you started in the first place. In this presentation, I'll talk about what automation is, and how to approach implementing it in the context of IT Operations. Ned will discuss keys to success in the long term and include practical real-world examples. Ge...
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
Sanjeev Sharma Joins November 11-13, 2018 @DevOpsSummit at @CloudEXPO New York Faculty. Sanjeev Sharma is an internationally known DevOps and Cloud Transformation thought leader, technology executive, and author. Sanjeev's industry experience includes tenures as CTO, Technical Sales leader, and Cloud Architect leader. As an IBM Distinguished Engineer, Sanjeev is recognized at the highest levels of IBM's core of technical leaders.