Fortumo Mobile Payments

Fortumo Mobile Payments

Fortumo Mobile Payments is a mobile payment platform that enables app and game developers to monetize their apps by allowing users to make in-app purchases using direct carrier billing. It allows developers to accept payments from over 350 mobile operators globally.
Fortumo Mobile Payments image
mobile-payments direct-carrier-billing inapp-purchases app-monetization

Fortumo Mobile Payments: Platform for In-App Carrier Billing

A mobile payment platform enabling app developers to monetize their apps with direct carrier billing, accepting payments from over 350 global mobile operators.

What is Fortumo Mobile Payments?

Fortumo Mobile Payments is a global mobile payment platform provider focused on enabling app stores, digital service providers and app developers to accept payments from their users through direct carrier billing. The platform provides reliable connections with over 350 mobile operators globally to allow for frictionless in-app purchases, without requiring credit cards.

Key features of Fortumo Mobile Payments include:

  • Direct carrier billing connections to reach over 2.5 billion consumers worldwide who have mobile device subscriptions but don't have credit cards.
  • Plug-and-play SDKs for all major platforms like Android, iOS, web, etc. to accept payments quickly.
  • Flexible monetization models like one-time purchases, subscriptions, metered billing and promotions.
  • Automated reporting and analytics to gain insights about revenue, transactions, stats etc.
  • Multi-currency and localized pricing supported in 100+ countries.
  • Real-time purchase verification to prevent fraud and minimize chargebacks.

Fortumo focuses on app stores, game developers, digital service providers across verticals like entertainment, music, ebooks etc. Key customers include Google Play Store, Samsung Apps Store, Electronic Arts, Gameloft, Rovio and more. It allows them to tap into emerging markets by accepting payments through operator billing from unbanked users.

Fortumo Mobile Payments Features

Features

  1. Direct carrier billing
  2. In-app purchases
  3. 350+ mobile operator connections globally
  4. Fraud protection
  5. Analytics and reporting
  6. Cross-platform SDKs

Pricing

  • Revenue share
  • Pay-as-you-go

Pros

Wide global reach

Higher conversion rates than credit cards

Built-in fraud protection

Easy integration

Increased monetization

Cons

Limited to in-app purchases

Not available in all countries

Transaction fees

Less flexible pricing models than self-processing payments


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