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Payments Bango

Bango wins DCB contracts with Telin and LMT

by tickstock newsroom
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Bango (AIM:BGO) has been chosen by Telin (Hong Kong), a subsidiary of PT Telekomunikasi Indonesia (Telkom), and by Latvia’s largest operator LMT to power Direct Carrier Billing (DCB), moving both operators from incumbent providers following competitive tender processes.

The Telin agreement means Bango (AIM:BGO) will support four of the five mobile operators in Hong Kong offering DCB for Google Play. Telin serves a sizeable community of Indonesian migrant workers in Hong Kong who rely heavily on SIM-based payments because of access to traditional banking.

LMT, which has offered DCB on Google Play since 2017, will transition its service to Bango to “enhance performance and scalability for future growth,” the company said.

Bango says the deals broaden its global payments network and bolster its ability to scale payments and subscription bundling across partners.

"Winning these deals through competitive tenders demonstrates the strength of the Bango platform and our ability to deliver superior performance at scale. Telcos continue to recognize the value of partnering with a global leader in carrier billing to maximize conversion, simplify operations and unlock new revenue opportunities. We are delighted to welcome both Telin and LMT to Bango and look forward to supporting their continued growth," Wayne Griffiths, COO at Bango, said:

by tickstock newsroom