Bango Brings Carrier Billing to Netflix Subscribers in Mexico
January 08 2018 - 7:00AM
Business Wire
Bango (AIM: BGO), the leading mobile payments company, has
partnered with Netflix to launch carrier billing for Netflix
subscriptions in Mexico. Customers who sign up to Netflix, the
world’s leading internet entertainment service, can now pay using
their pre or post-paid mobile phone bill. Enabled by Bango, carrier
billed payment is initially available to over 12 million
subscribers in Mexico.
Customers can now choose carrier billing as the payment option
when signing up to a Netflix subscription online. The recurring
monthly charge is added to the phone bill, on any platform,
including Android, Apple and Microsoft devices, providing a highly
inclusive payment method.
Rapid growth in internet access through smartphone adoption in
Mexico, and Latin America more broadly, is increasing the
consumption of online content and services. The paid TV market is
particularly strong in Mexico, with Netflix holding a 70% market
share according to The Competitive Intelligence
Unit, (2016). With only 25% of the population owning a credit
card (World Bank Findex, AMI analysis, 2017), carrier billing
provides an essential payment method for bringing universal access
to the digital content ecosystem.
This launch sees Bango further progress in Mexico, having
launched the first Direct Carrier Billing for Google Play in Latin
America in 2015, with Nextel and Iusacell Mexico.
Bango CEO Ray Anderson commented, "Carrier billing
adds many new customers to merchant services. We are pleased to
provide a fast, safe, easy to use alternative payment method for
Netflix customers in Mexico. Netflix is a hugely popular
entertainment service across all regions so adding carrier billing
presents a massive opportunity for growing their customers and
increasing subscriber engagement in Mexico."
The names of companies and products mentioned herein are
trademarks of their respective owners.
About Bango
Bango is the standard platform chosen by leading global stores
to deliver mobile payments to everyone. As the next billion
consumers adopt their first smartphone and look for universal
payment methods, Bango will be there to unlock the world of apps,
video, music, games and other content that brings those smartphones
to life. Global stores plugging into the Bango Platform include
Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG), Samsung (005930:
Korea SE) and Microsoft (NASDAQ: MSFT). Bango also partners with
leading payment providers around the world to drive new users and
revenues through its industry-leading mobile payment solutions. For
more information, visit www.bango.com.
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Media contactBangoAnil Malhotra, CMOanil@bango.comTel:
+44 7710 480 377
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