Fortumo, a leading mobile payment firm has launched direct carrier billing in 3 new African markets, Cote d’Ivoire, Ethiopia & Senegal, enabling more than 52 million people in these countries to now make seamless digital payments and have their online purchases charged to their mobile phone bill.
With the launch, App stores, digital merchants and game developers using Fortumo can now significantly increase their online payments reach in some of the most underbanked countries of the world. The company is also keeping a keen eye out for opportunities in new business segments such as enabling carrier billing for financial service providers.
Fortumo said that it now covers 21 countries in the Middle East & North African region, with 7 countries in Sub-Saharan Africa (Cote d’Ivoire, Ethiopia, Kenya, Mozambique, Nigeria, Senegal and South Africa). The company also plans to add additional markets in Africa later in 2016.