San Francisco based direct carrier payment startup has raised $13.8m of Series E funding. The compnay believes that carrier billing has now become the preferred alternative payment method for many of the world's largest merchants, especially in emerging markets.
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Direct carrier payments get a boost as startup Boku scores $13.75 million funding round
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Carrier billing is evolving from being a niche product for phone-centric content into a mainstream payment method used by the world’s major brands for all types of digital products,” said Boku CEO Jon Prideaux in a press release. Clearly, he is confident this is the future of mobile payments, though the field is still crowded in terms of payment options and competitors.
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