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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.
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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